If you need assistance, please call 616-920-0290

Grand Rapids Market Report

$405,294

AVERAGE PRICE OF 654 HOMES

$1,591,997

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$680,912

AVERAGE PRICE OF 41 NEWLY BUILT HOMES

$516,124

AVERAGE PRICE OF 36 HOMES WITH A POOL

$375,154

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $405,294
Avg Bedrooms 2.84 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $282,374
2 bedrooms $283,820
3 bedrooms $461,933
4 bedrooms $488,687
5 bedrooms $581,755
Grand Rapids Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 634 551 533 525 553
Average Price $399,882 $398,083 $387,864 $389,858 $372,869
Avg Price Change +0.45% +2.63% -0.51% +4.56% +3.35%
Median Price $299,150 $287,181 $279,480 $282,500 $275,691
Med Price Change +4.17% +2.76% -1.08% +2.47% -1.23%
Avg Bedrooms 2.8 beds 2.72 beds 2.74 beds 2.71 beds 2.51 beds
Avg Bathrooms 2.21 baths 2.08 baths 1.98 baths 1.88 baths 1.85 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 654 $405,294 71 days
Multi-Million Dollar Homes 33 $1,591,997 124 days
Newly Built Homes 41 $680,912 119 days
Homes with a Pool 36 $516,124 38 days
Reduced Price Homes 20 $375,154 35 days
Villegas Group
64 Division Ave S
Grand Rapids, MI 49503
616-920-0290

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.
Copyright 2023 MichRIC, LLC. All rights reserved.
This site powered by CINC: www.cincpro.com