Grand Rapids Market Report
$352,152
AVERAGE PRICE OF 714 HOMES$168,999
AVERAGE PRICE OF 2 DISTRESSED HOMES$1,495,092
AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES$683,473
AVERAGE PRICE OF 55 NEWLY BUILT HOMES$525,078
AVERAGE PRICE OF 56 HOMES WITH A POOL$359,376
AVERAGE PRICE OF 38 REDUCED PRICE HOMESAverage Home
| Average Price | $352,152 |
| Avg Bedrooms | 3.22 beds |
| Avg Bathrooms | 2.28 baths |
Average Price by Bedrooms
| 1 bedroom | $234,193 |
| 2 bedrooms | $276,007 |
| 3 bedrooms | $290,268 |
| 4 bedrooms | $425,916 |
| 5 bedrooms | $514,457 |
Grand Rapids Home Price Trends
| 8/2022 | 7/2022 | 6/2022 | 5/2022 | 4/2022 | |
|---|---|---|---|---|---|
| Total Listings | 660 | 675 | n/a | n/a | n/a |
| Average Price | $357,629 | $359,039 | n/a | n/a | n/a |
| Avg Price Change | -0.39% | n/a | n/a | n/a | n/a |
| Median Price | $286,311 | $289,930 | n/a | n/a | n/a |
| Med Price Change | -1.26% | n/a | n/a | n/a | n/a |
| Avg Bedrooms | 3.27 beds | 3.25 beds | n/a | n/a | n/a |
| Avg Bathrooms | 2.31 baths | 2.31 baths | n/a | n/a | n/a |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 714 | $352,152 | 47 days |
| Distressed Homes | 2 | $168,999 | 28 days |
| Multi-Million Dollar Homes | 19 | $1,495,092 | 83 days |
| Newly Built Homes | 55 | $683,473 | 73 days |
| Homes with a Pool | 56 | $525,078 | 45 days |
| Reduced Price Homes | 38 | $359,376 | 33 days |
