Grand Rapids Market Report
$286,480
AVERAGE PRICE OF 897 HOMES$133,857
AVERAGE PRICE OF 7 DISTRESSED HOMES$1,307,636
AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES$438,554
AVERAGE PRICE OF 93 NEWLY BUILT HOMES$325,889
AVERAGE PRICE OF 69 HOMES WITH A POOL$265,122
AVERAGE PRICE OF 40 REDUCED PRICE HOMESAverage Home
| Average Price | $286,480 |
| Avg Bedrooms | 3.16 beds |
| Avg Bathrooms | 2.26 baths |
Average Price by Bedrooms
| 1 bedroom | $240,730 |
| 2 bedrooms | $227,005 |
| 3 bedrooms | $244,880 |
| 4 bedrooms | $317,624 |
| 5 bedrooms | $500,569 |
Grand Rapids Home Price Trends
| 4/2020 | 3/2020 | 2/2020 | 1/2020 | 12/2019 | |
|---|---|---|---|---|---|
| Total Listings | 667 | 757 | 710 | 741 | 894 |
| Average Price | $289,434 | $281,068 | $289,993 | $279,149 | $274,211 |
| Avg Price Change | +2.98% | -3.18% | +3.88% | +1.80% | +0.10% |
| Median Price | $225,775 | $218,345 | $218,693 | $211,006 | $203,105 |
| Med Price Change | +3.40% | -0.16% | +3.64% | +3.89% | -0.48% |
| Avg Bedrooms | 3.11 beds | 3.09 beds | 3.12 beds | 3.15 beds | 3.18 beds |
| Avg Bathrooms | 2.29 baths | 2.24 baths | 2.26 baths | 2.25 baths | 2.25 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 897 | $286,480 | 56 days |
| Distressed Homes | 7 | $133,857 | 80 days |
| Multi-Million Dollar Homes | 11 | $1,307,636 | 98 days |
| Newly Built Homes | 93 | $438,554 | 94 days |
| Homes with a Pool | 69 | $325,889 | 59 days |
| Reduced Price Homes | 40 | $265,122 | 47 days |
