Grand Rapids Market Report
$358,088
AVERAGE PRICE OF 713 HOMES$1,574,985
AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES$659,904
AVERAGE PRICE OF 58 NEWLY BUILT HOMES$394,735
AVERAGE PRICE OF 42 HOMES WITH A POOL$336,076
AVERAGE PRICE OF 30 REDUCED PRICE HOMESAverage Home
| Average Price | $358,088 |
| Avg Bedrooms | 2.65 beds |
| Avg Bathrooms | 1.92 baths |
Average Price by Bedrooms
| 1 bedroom | $218,858 |
| 2 bedrooms | $301,388 |
| 3 bedrooms | $294,352 |
| 4 bedrooms | $392,105 |
| 5 bedrooms | $614,702 |
Grand Rapids Home Price Trends
| 11/2022 | 10/2022 | 9/2022 | 8/2022 | 7/2022 | |
|---|---|---|---|---|---|
| Total Listings | 766 | 836 | 834 | 820 | 833 |
| Average Price | $363,693 | $360,608 | $361,051 | $363,880 | $361,251 |
| Avg Price Change | +0.86% | -0.12% | -0.78% | +0.73% | n/a |
| Median Price | $274,908 | $269,986 | $273,121 | $281,983 | $280,000 |
| Med Price Change | +1.82% | -1.16% | -3.24% | +0.71% | n/a |
| Avg Bedrooms | 2.69 beds | 2.7 beds | 2.72 beds | 2.77 beds | 2.75 beds |
| Avg Bathrooms | 1.96 baths | 1.94 baths | 1.96 baths | 2 baths | 1.98 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 713 | $358,088 | 56 days |
| Multi-Million Dollar Homes | 24 | $1,574,985 | 103 days |
| Newly Built Homes | 58 | $659,904 | 85 days |
| Homes with a Pool | 42 | $394,735 | 51 days |
| Reduced Price Homes | 30 | $336,076 | 35 days |
