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  • Grand Rapids Market Report

    $423,168

    AVERAGE PRICE OF 700 HOMES

    $1,649,811

    AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

    $683,621

    AVERAGE PRICE OF 42 NEWLY BUILT HOMES

    $435,435

    AVERAGE PRICE OF 39 HOMES WITH A POOL

    $425,321

    AVERAGE PRICE OF 28 REDUCED PRICE HOMES

    Average Home

    Average Price $423,168
    Avg Bedrooms 2.49 beds
    Avg Bathrooms 1.92 baths

    Average Price by Bedrooms

    1 bedroom $304,833
    2 bedrooms $304,981
    3 bedrooms $319,534
    4 bedrooms $480,202
    5 bedrooms $805,432
    Grand Rapids Home Price Trends
      8/2023 7/2023 6/2023 5/2023 4/2023
    Total Listings 692 666 675 633 550
    Average Price $425,293 $422,888 $408,774 $399,562 $397,870
    Avg Price Change +0.57% +3.45% +2.31% +0.43% +2.60%
    Median Price $319,177 $320,992 $301,426 $298,671 $286,767
    Med Price Change -0.57% +6.49% +0.92% +4.15% +2.72%
    Avg Bedrooms 2.55 beds 2.66 beds 2.67 beds 2.6 beds 2.45 beds
    Avg Bathrooms 1.94 baths 1.99 baths 1.98 baths 1.93 baths 1.83 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 700 $423,168 59 days
    Multi-Million Dollar Homes 37 $1,649,811 148 days
    Newly Built Homes 42 $683,621 99 days
    Homes with a Pool 39 $435,435 45 days
    Reduced Price Homes 28 $425,321 34 days