Grand Rapids Market Report
$307,642
AVERAGE PRICE OF 635 HOMES$148,333
AVERAGE PRICE OF 3 DISTRESSED HOMES$1,409,357
AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES$664,758
AVERAGE PRICE OF 43 NEWLY BUILT HOMES$463,018
AVERAGE PRICE OF 38 HOMES WITH A POOL$240,720
AVERAGE PRICE OF 10 REDUCED PRICE HOMESAverage Home
| Average Price | $307,642 |
| Avg Bedrooms | 3.19 beds |
| Avg Bathrooms | 2.13 baths |
Average Price by Bedrooms
| 1 bedroom | $215,083 |
| 2 bedrooms | $240,560 |
| 3 bedrooms | $261,210 |
| 4 bedrooms | $363,536 |
| 5 bedrooms | $670,381 |
Grand Rapids Home Price Trends
| 10/2021 | 9/2021 | 8/2021 | 7/2021 | 6/2021 | |
|---|---|---|---|---|---|
| Total Listings | 794 | 805 | 796 | 763 | 748 |
| Average Price | $308,570 | $313,755 | $320,454 | $317,963 | $317,323 |
| Avg Price Change | -1.68% | -2.14% | +0.78% | +0.20% | +3.38% |
| Median Price | $235,879 | $234,855 | $241,624 | $239,745 | $240,913 |
| Med Price Change | +0.44% | -2.88% | +0.78% | -0.49% | -1.05% |
| Avg Bedrooms | 3.21 beds | 3.17 beds | 3.18 beds | 3.15 beds | 3.16 beds |
| Avg Bathrooms | 2.15 baths | 2.17 baths | 2.23 baths | 2.23 baths | 2.22 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 635 | $307,642 | 55 days |
| Distressed Homes | 3 | $148,333 | 54 days |
| Multi-Million Dollar Homes | 14 | $1,409,357 | 136 days |
| Newly Built Homes | 43 | $664,758 | 112 days |
| Homes with a Pool | 38 | $463,018 | 85 days |
| Reduced Price Homes | 10 | $240,720 | 23 days |
