If you need assistance, please call 616-308-3610

Grand Rapids Market Report

$429,134

AVERAGE PRICE OF 645 HOMES

$1,682,938

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$626,479

AVERAGE PRICE OF 56 NEWLY BUILT HOMES

$525,015

AVERAGE PRICE OF 38 HOMES WITH A POOL

$431,504

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $429,134
Avg Bedrooms 2.59 beds
Avg Bathrooms 2 baths

Average Price by Bedrooms

1 bedroom $252,871
2 bedrooms $310,427
3 bedrooms $330,731
4 bedrooms $464,866
5 bedrooms $801,382
Grand Rapids Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings n/a 714 674 692 666
Average Price n/a $425,328 $423,698 $425,293 $422,888
Avg Price Change n/a +0.38% -0.38% +0.57% +3.45%
Median Price n/a $308,175 $317,060 $319,177 $320,992
Med Price Change n/a -2.88% -0.67% -0.57% +6.49%
Avg Bedrooms n/a 2.57 beds 2.5 beds 2.55 beds 2.66 beds
Avg Bathrooms n/a 1.98 baths 1.91 baths 1.94 baths 1.99 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 645 $429,134 72 days
Multi-Million Dollar Homes 32 $1,682,938 192 days
Newly Built Homes 56 $626,479 60 days
Homes with a Pool 38 $525,015 70 days
Reduced Price Homes 20 $431,504 39 days
Grand Allure Home Group
Brooke Sines
3800 Lake Michigan Dr NW
Grand Rapids, MI 49534
616-308-3610
616-975-6776

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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.
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