Grand Rapids Market Report
$414,377
AVERAGE PRICE OF 908 HOMES$1,700,225
AVERAGE PRICE OF 40 MULTI-MILLION DOLLAR HOMES$658,077
AVERAGE PRICE OF 45 NEWLY BUILT HOMES$618,764
AVERAGE PRICE OF 48 HOMES WITH A POOL$365,743
AVERAGE PRICE OF 56 REDUCED PRICE HOMESAverage Home
| Average Price | $414,377 |
| Avg Bedrooms | 2.65 beds |
| Avg Bathrooms | 1.92 baths |
Average Price by Bedrooms
| 1 bedroom | $304,545 |
| 2 bedrooms | $308,121 |
| 3 bedrooms | $364,669 |
| 4 bedrooms | $457,074 |
| 5 bedrooms | $614,821 |
Grand Rapids Home Price Trends
| 9/2024 | 8/2024 | 7/2024 | 6/2024 | 5/2024 | |
|---|---|---|---|---|---|
| Total Listings | 895 | 853 | 808 | 754 | 694 |
| Average Price | $422,039 | $415,214 | $430,782 | $431,537 | n/a |
| Avg Price Change | +1.64% | -3.75% | -0.18% | n/a | n/a |
| Median Price | $317,088 | $319,255 | $321,800 | $327,261 | $326,681 |
| Med Price Change | -0.68% | -0.80% | -1.70% | +0.18% | +1.24% |
| Avg Bedrooms | 2.67 beds | 2.66 beds | 2.66 beds | 2.71 beds | 2.64 beds |
| Avg Bathrooms | 1.95 baths | 1.96 baths | 2 baths | 2.06 baths | 2.04 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Ottawa Hills High School | 6 | $293,783 | 31 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 908 | $414,377 | 58 days |
| Multi-Million Dollar Homes | 40 | $1,700,225 | 112 days |
| Newly Built Homes | 45 | $658,077 | 127 days |
| Homes with a Pool | 48 | $618,764 | 59 days |
| Reduced Price Homes | 56 | $365,743 | 37 days |
