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  • Grand Rapids Market Report

    $388,240

    AVERAGE PRICE OF 538 HOMES

    $1,636,192

    AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

    $662,550

    AVERAGE PRICE OF 42 NEWLY BUILT HOMES

    $430,503

    AVERAGE PRICE OF 20 HOMES WITH A POOL

    $276,355

    AVERAGE PRICE OF 9 REDUCED PRICE HOMES

    Average Home

    Average Price $388,240
    Avg Bedrooms 2.47 beds
    Avg Bathrooms 1.82 baths

    Average Price by Bedrooms

    1 bedroom $321,600
    2 bedrooms $281,437
    3 bedrooms $322,568
    4 bedrooms $436,978
    5 bedrooms $563,274
    Grand Rapids Home Price Trends
      2/2023 1/2023 12/2022 11/2022 10/2022
    Total Listings 524 553 645 766 836
    Average Price $389,944 $372,869 $360,788 $363,693 $360,608
    Avg Price Change +4.58% +3.35% -0.81% +0.86% -0.12%
    Median Price $282,381 $275,691 $279,076 $274,908 $269,986
    Med Price Change +2.43% -1.23% +1.52% +1.82% -1.16%
    Avg Bedrooms 2.43 beds 2.51 beds 2.62 beds 2.69 beds 2.7 beds
    Avg Bathrooms 1.77 baths 1.85 baths 1.92 baths 1.96 baths 1.94 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 538 $388,240 66 days
    Multi-Million Dollar Homes 25 $1,636,192 148 days
    Newly Built Homes 42 $662,550 121 days
    Homes with a Pool 20 $430,503 58 days
    Reduced Price Homes 9 $276,355 66 days