Grand Rapids Market Report
$352,033
AVERAGE PRICE OF 717 HOMES$168,999
AVERAGE PRICE OF 2 DISTRESSED HOMES$1,500,431
AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES$674,695
AVERAGE PRICE OF 56 NEWLY BUILT HOMES$547,064
AVERAGE PRICE OF 53 HOMES WITH A POOL$327,210
AVERAGE PRICE OF 49 REDUCED PRICE HOMESAverage Home
| Average Price | $352,033 |
| Avg Bedrooms | 3.22 beds |
| Avg Bathrooms | 2.28 baths |
Average Price by Bedrooms
| 1 bedroom | $241,642 |
| 2 bedrooms | $278,562 |
| 3 bedrooms | $286,427 |
| 4 bedrooms | $425,396 |
| 5 bedrooms | $526,975 |
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 | 717 | $352,033 | 46 days |
| Distressed Homes | 2 | $168,999 | 30 days |
| Multi-Million Dollar Homes | 18 | $1,500,431 | 63 days |
| Newly Built Homes | 56 | $674,695 | 70 days |
| Homes with a Pool | 53 | $547,064 | 45 days |
| Reduced Price Homes | 49 | $327,210 | 38 days |
