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Grand Rapids Market Report

$433,192

AVERAGE PRICE OF 637 HOMES

$1,693,719

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$626,479

AVERAGE PRICE OF 56 NEWLY BUILT HOMES

$529,620

AVERAGE PRICE OF 38 HOMES WITH A POOL

$454,172

AVERAGE PRICE OF 18 REDUCED PRICE HOMES

Average Home

Average Price $433,192
Avg Bedrooms 2.3 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $252,871
2 bedrooms $335,772
3 bedrooms $336,134
4 bedrooms $467,800
5 bedrooms $809,752
Grand Rapids Home Price Trends
  10/2023 9/2023 8/2023 7/2023 6/2023
Total Listings 715 675 692 666 675
Average Price $425,152 $423,513 $425,293 $422,888 $408,774
Avg Price Change +0.39% -0.42% +0.57% +3.45% +2.22%
Median Price $308,163 $317,033 $319,177 $320,992 $301,426
Med Price Change -2.88% -0.68% -0.57% +6.49% +0.76%
Avg Bedrooms 2.68 beds 2.75 beds 2.55 beds 2.66 beds 2.67 beds
Avg Bathrooms 2.04 baths 1.96 baths 1.94 baths 1.99 baths 1.98 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 637 $433,192 56 days
Multi-Million Dollar Homes 32 $1,693,719 191 days
Newly Built Homes 56 $626,479 58 days
Homes with a Pool 38 $529,620 55 days
Reduced Price Homes 18 $454,172 49 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.
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