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 HOMES

Average 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
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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