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Grand Rapids

Grand Rapids Market Report

$287,013

AVERAGE PRICE OF 886 HOMES

$137,833

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,307,636

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$440,527

AVERAGE PRICE OF 92 NEWLY BUILT HOMES

$326,717

AVERAGE PRICE OF 68 HOMES WITH A POOL

$261,773

AVERAGE PRICE OF 45 REDUCED PRICE HOMES

Average Home

Average Price $287,013
Avg Bedrooms 3.15 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $239,759
2 bedrooms $225,968
3 bedrooms $246,460
4 bedrooms $319,677
5 bedrooms $506,888
Grand Rapids Home Price Trends
  5/2020 4/2020 3/2020 2/2020 1/2020
Total Listings 758 667 757 710 741
Average Price $291,433 $289,434 $281,068 $289,993 $279,149
Avg Price Change +0.69% +2.98% -3.18% +3.88% +1.80%
Median Price $229,200 $225,775 $218,345 $218,693 $211,006
Med Price Change +1.52% +3.40% -0.16% +3.64% +3.89%
Avg Bedrooms 3.16 beds 3.11 beds 3.09 beds 3.12 beds 3.15 beds
Avg Bathrooms 2.29 baths 2.29 baths 2.24 baths 2.26 baths 2.25 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 886 $287,013 58 days
Distressed Homes 6 $137,833 68 days
Multi-Million Dollar Homes 11 $1,307,636 101 days
Newly Built Homes 92 $440,527 95 days
Homes with a Pool 68 $326,717 58 days
Reduced Price Homes 45 $261,773 48 days