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Grand Rapids Market Report

$275,129

AVERAGE PRICE OF 837 HOMES

$199,700

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,441,255

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$429,053

AVERAGE PRICE OF 70 NEWLY BUILT HOMES

$438,508

AVERAGE PRICE OF 57 HOMES WITH A POOL

$273,927

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $275,129
Avg Bedrooms 3.1 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $265,654
2 bedrooms $228,924
3 bedrooms $241,164
4 bedrooms $300,793
5 bedrooms $480,365
Grand Rapids Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 948 1,004 1,014 1,010 954
Average Price $282,142 $283,552 $288,416 $285,821 $290,195
Avg Price Change -0.50% -1.72% +0.91% -1.53% -0.43%
Median Price $216,083 $221,508 $226,208 $222,048 $225,871
Med Price Change -2.51% -2.12% +1.87% -1.72% -1.47%
Avg Bedrooms 3.17 beds 3.17 beds 3.16 beds 3.15 beds 3.08 beds
Avg Bathrooms 2.24 baths 2.25 baths 2.29 baths 2.27 baths 2.39 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 837 $275,129 59 days
Distressed Homes 2 $199,700 80 days
Multi-Million Dollar Homes 11 $1,441,255 109 days
Newly Built Homes 70 $429,053 103 days
Homes with a Pool 57 $438,508 81 days
Reduced Price Homes 22 $273,927 51 days