If you need assistance, please call 616-901-2696

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 HOMES

Average 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
Keller Williams Grand Rapids North
Roger Ackerman
3237 Platinum Street NE
Grand Rapids, MI 49525
616-901-2696

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Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2021 MichRIC, LLC. All rights reserved.
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