Grand Rapids Market Report
$313,737
AVERAGE PRICE OF 817 HOMES$157,933
AVERAGE PRICE OF 3 DISTRESSED HOMES$1,510,774
AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES$648,406
AVERAGE PRICE OF 43 NEWLY BUILT HOMES$493,806
AVERAGE PRICE OF 59 HOMES WITH A POOL$363,592
AVERAGE PRICE OF 26 REDUCED PRICE HOMESAverage Home
| Average Price | $313,737 |
| Avg Bedrooms | 3.17 beds |
| Avg Bathrooms | 2.16 baths |
Average Price by Bedrooms
| 1 bedroom | $232,641 |
| 2 bedrooms | $244,898 |
| 3 bedrooms | $260,960 |
| 4 bedrooms | $357,647 |
| 5 bedrooms | $727,458 |
Grand Rapids Home Price Trends
| 8/2021 | 7/2021 | 6/2021 | 5/2021 | 4/2021 | |
|---|---|---|---|---|---|
| Total Listings | 796 | 763 | 748 | 695 | 627 |
| Average Price | $320,454 | $317,963 | $317,323 | $306,955 | $311,174 |
| Avg Price Change | +0.78% | +0.20% | +3.38% | -1.37% | +0.20% |
| Median Price | $241,624 | $239,745 | $240,913 | $243,434 | $248,556 |
| Med Price Change | +0.78% | -0.49% | -1.05% | -2.10% | +3.46% |
| Avg Bedrooms | 3.18 beds | 3.15 beds | 3.16 beds | 3.12 beds | 3.07 beds |
| Avg Bathrooms | 2.23 baths | 2.23 baths | 2.22 baths | 2.18 baths | 2.2 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 817 | $313,737 | 42 days |
| Distressed Homes | 3 | $157,933 | 100 days |
| Multi-Million Dollar Homes | 23 | $1,510,774 | 70 days |
| Newly Built Homes | 43 | $648,406 | 90 days |
| Homes with a Pool | 59 | $493,806 | 54 days |
| Reduced Price Homes | 26 | $363,592 | 29 days |
