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 HOMES

Average 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