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Grand Rapids Market Report

$316,813

AVERAGE PRICE OF 765 HOMES

$141,900

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,465,081

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$622,094

AVERAGE PRICE OF 61 NEWLY BUILT HOMES

$443,511

AVERAGE PRICE OF 51 HOMES WITH A POOL

$382,600

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $316,813
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

1 bedroom $237,918
2 bedrooms $255,695
3 bedrooms $269,626
4 bedrooms $377,157
5 bedrooms $585,708
Grand Rapids Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 695 628 556 544 537
Average Price $306,955 $311,052 $310,553 $308,845 $298,699
Avg Price Change -1.33% +0.16% +0.55% +3.40% +6.15%
Median Price $243,434 $248,534 $240,250 $231,208 $217,174
Med Price Change -2.10% +3.45% +3.91% +6.46% +3.47%
Avg Bedrooms 3.12 beds 3.03 beds 3 beds 3.05 beds 3.07 beds
Avg Bathrooms 2.18 baths 1.85 baths 2.2 baths 2.23 baths 2.18 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 765 $316,813 38 days
Distressed Homes 2 $141,900 127 days
Multi-Million Dollar Homes 18 $1,465,081 56 days
Newly Built Homes 61 $622,094 103 days
Homes with a Pool 51 $443,511 51 days
Reduced Price Homes 13 $382,600 17 days