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Grand Rapids Market Report

$284,487

AVERAGE PRICE OF 1,002 HOMES

$109,150

AVERAGE PRICE OF 10 DISTRESSED HOMES

$1,321,459

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$475,109

AVERAGE PRICE OF 75 NEWLY BUILT HOMES

$386,372

AVERAGE PRICE OF 55 HOMES WITH A POOL

$299,299

AVERAGE PRICE OF 37 REDUCED PRICE HOMES

Average Home

Average Price $284,487
Avg Bedrooms 3.31 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

1 bedroom $196,578
2 bedrooms $214,830
3 bedrooms $217,923
4 bedrooms $329,789
5 bedrooms $526,897
Grand Rapids Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 924 811 717 700 732
Average Price $285,845 $285,533 $279,057 $277,286 $278,681
Avg Price Change +0.11% +2.32% +0.64% -0.50% -0.45%
Median Price $211,182 $210,769 $200,005 $199,331 $201,107
Med Price Change +0.20% +5.38% +0.34% -0.89% +2.32%
Avg Bedrooms 3.28 beds 3.23 beds 3.18 beds 3.15 beds 3.15 beds
Avg Bathrooms 2.38 baths 2.36 baths 2.28 baths 2.26 baths 2.26 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,002 $284,487 48 days
Distressed Homes 10 $109,150 42 days
Multi-Million Dollar Homes 17 $1,321,459 99 days
Newly Built Homes 75 $475,109 100 days
Homes with a Pool 55 $386,372 52 days
Reduced Price Homes 37 $299,299 37 days