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

Grand Rapids Market Report

$385,275

AVERAGE PRICE OF 533 HOMES

$1,642,592

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$697,250

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$437,568

AVERAGE PRICE OF 22 HOMES WITH A POOL

$343,100

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $385,275
Avg Bedrooms 2.45 beds
Avg Bathrooms 1.79 baths

Average Price by Bedrooms

1 bedroom $294,212
2 bedrooms $280,048
3 bedrooms $319,190
4 bedrooms $422,395
5 bedrooms $663,042
Grand Rapids Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 553 645 766 836 834
Average Price $372,869 $360,788 $363,693 $360,608 $361,051
Avg Price Change +3.35% -0.81% +0.86% -0.12% -0.78%
Median Price $275,691 $279,076 $274,908 $269,986 $273,121
Med Price Change -1.23% +1.52% +1.82% -1.16% -3.24%
Avg Bedrooms 2.51 beds 2.62 beds 2.69 beds 2.7 beds 2.72 beds
Avg Bathrooms 1.85 baths 1.92 baths 1.96 baths 1.94 baths 1.96 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 533 $385,275 66 days
Multi-Million Dollar Homes 25 $1,642,592 130 days
Newly Built Homes 43 $697,250 98 days
Homes with a Pool 22 $437,568 67 days
Reduced Price Homes 11 $343,100 45 days
Grand Allure Home Group
Brooke Sines
3800 Lake Michigan Dr NW
Grand Rapids, MI 49534
616-308-3610
616-975-6776

Copyright 2023 MichRIC, LLC. All rights reserved.
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.
This site powered by CINC: www.cincpro.com