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

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 HOMES

Average 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
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.
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