Grand Rapids Market Report

$425,623

AVERAGE PRICE OF 692 HOMES

$1,648,237

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$684,437

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$441,105

AVERAGE PRICE OF 38 HOMES WITH A POOL

$421,834

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

Average Home

Average Price $425,623
Avg Bedrooms 2.49 beds
Avg Bathrooms 1.92 baths

Average Price by Bedrooms

1 bedroom $304,833
2 bedrooms $305,342
3 bedrooms $319,473
4 bedrooms $495,051
5 bedrooms $783,548
Grand Rapids Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 692 666 675 633 550
Average Price $425,293 $422,888 $408,774 $399,562 $397,870
Avg Price Change +0.57% +3.45% +2.31% +0.43% +2.60%
Median Price $319,177 $320,992 $301,426 $298,671 $286,767
Med Price Change -0.57% +6.49% +0.92% +4.15% +2.72%
Avg Bedrooms 2.55 beds 2.66 beds 2.67 beds 2.6 beds 2.45 beds
Avg Bathrooms 1.94 baths 1.99 baths 1.98 baths 1.93 baths 1.83 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 692 $425,623 61 days
Multi-Million Dollar Homes 38 $1,648,237 146 days
Newly Built Homes 43 $684,437 99 days
Homes with a Pool 38 $441,105 47 days
Reduced Price Homes 26 $421,834 37 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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