Grand Rapids Market Report
$355,954
AVERAGE PRICE OF 690 HOMES$250,499
AVERAGE PRICE OF 2 DISTRESSED HOMES$1,426,061
AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES$660,795
AVERAGE PRICE OF 42 NEWLY BUILT HOMES$489,253
AVERAGE PRICE OF 52 HOMES WITH A POOL$396,629
AVERAGE PRICE OF 45 REDUCED PRICE HOMESAverage Home
| Average Price | $355,954 |
| Avg Bedrooms | 3.28 beds |
| Avg Bathrooms | 2.31 baths |
Average Price by Bedrooms
| 1 bedroom | $217,235 |
| 2 bedrooms | $271,448 |
| 3 bedrooms | $298,926 |
| 4 bedrooms | $439,598 |
| 5 bedrooms | $487,991 |
Grand Rapids Home Price Trends
| 7/2022 | 6/2022 | 5/2022 | 4/2022 | 3/2022 | |
|---|---|---|---|---|---|
| Total Listings | 675 | n/a | n/a | n/a | 432 |
| Average Price | $359,039 | n/a | n/a | n/a | $346,456 |
| Avg Price Change | n/a | n/a | n/a | n/a | +5.60% |
| Median Price | $289,930 | n/a | n/a | n/a | $258,453 |
| Med Price Change | n/a | n/a | n/a | n/a | +3.45% |
| Avg Bedrooms | 3.25 beds | n/a | n/a | n/a | 3.17 beds |
| Avg Bathrooms | 2.31 baths | n/a | n/a | n/a | 2.19 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 690 | $355,954 | 40 days |
| Distressed Homes | 2 | $250,499 | 43 days |
| Multi-Million Dollar Homes | 14 | $1,426,061 | 77 days |
| Newly Built Homes | 42 | $660,795 | 72 days |
| Homes with a Pool | 52 | $489,253 | 38 days |
| Reduced Price Homes | 45 | $396,629 | 32 days |
