Grand Rapids Market Report

$381,839

AVERAGE PRICE OF 534 HOMES

$1,642,592

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$697,250

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$415,250

AVERAGE PRICE OF 22 HOMES WITH A POOL

$324,891

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $381,839
Avg Bedrooms 2.46 beds
Avg Bathrooms 1.78 baths

Average Price by Bedrooms

1 bedroom $274,814
2 bedrooms $288,247
3 bedrooms $311,686
4 bedrooms $427,877
5 bedrooms $641,007
Grand Rapids Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 553 645 766 836 834
Average Price $372,869 $360,788 $363,693 $360,608 $361,051
Avg Price Change +3.35% -0.81% +0.86% -0.12% -0.78%
Median Price $275,691 $279,076 $274,908 $269,986 $273,121
Med Price Change -1.23% +1.52% +1.82% -1.16% -3.24%
Avg Bedrooms 2.51 beds 2.62 beds 2.69 beds 2.7 beds 2.72 beds
Avg Bathrooms 1.85 baths 1.92 baths 1.96 baths 1.94 baths 1.96 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 534 $381,839 69 days
Multi-Million Dollar Homes 25 $1,642,592 128 days
Newly Built Homes 43 $697,250 96 days
Homes with a Pool 22 $415,250 82 days
Reduced Price Homes 12 $324,891 62 days
Bellabay Realty
1685 68th St SE
Caledonia, MI 49316

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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