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Grand Rapids Market Report

$431,014

AVERAGE PRICE OF 740 HOMES

$1,622,418

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$636,009

AVERAGE PRICE OF 45 NEWLY BUILT HOMES

$544,853

AVERAGE PRICE OF 47 HOMES WITH A POOL

$422,222

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $431,014
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.07 baths

Average Price by Bedrooms

1 bedroom $304,270
2 bedrooms $304,819
3 bedrooms $368,500
4 bedrooms $464,813
5 bedrooms $734,724
Grand Rapids Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 694 590 530 483 486
Average Price n/a n/a $445,843 $437,147 $429,467
Avg Price Change n/a n/a +1.99% +1.79% -0.27%
Median Price $326,681 $322,687 $326,861 $320,715 $309,230
Med Price Change +1.24% -1.29% +1.92% +3.71% -2.40%
Avg Bedrooms 2.64 beds 2.53 beds 2.52 beds 2.48 beds 2.39 beds
Avg Bathrooms 2.04 baths 2.02 baths 2.06 baths 2 baths 1.9 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Union High School 5 $402,879 28 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 740 $431,014 61 days
Multi-Million Dollar Homes 33 $1,622,418 142 days
Newly Built Homes 45 $636,009 133 days
Homes with a Pool 47 $544,853 47 days
Reduced Price Homes 24 $422,222 48 days
Bellabay Realty Grand Rapids
4653 Plainfield Ave Suite A
Grand Rapids, MI 49525
616-719-1022

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.
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