If you need assistance, please call 616-329-7378

Grand Rapids Market Report

$406,673

AVERAGE PRICE OF 646 HOMES

$1,635,239

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$682,665

AVERAGE PRICE OF 41 NEWLY BUILT HOMES

$496,968

AVERAGE PRICE OF 36 HOMES WITH A POOL

$402,984

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $406,673
Avg Bedrooms 2.66 beds
Avg Bathrooms 1.98 baths

Average Price by Bedrooms

1 bedroom $282,374
2 bedrooms $285,869
3 bedrooms $317,880
4 bedrooms $487,041
5 bedrooms $594,988
Grand Rapids Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 633 550 532 524 553
Average Price $399,562 $397,870 $387,773 $389,944 $372,869
Avg Price Change +0.43% +2.60% -0.56% +4.58% +3.35%
Median Price $298,671 $286,767 $279,186 $282,381 $275,691
Med Price Change +4.15% +2.72% -1.14% +2.43% -1.23%
Avg Bedrooms 2.6 beds 2.45 beds 2.47 beds 2.43 beds 2.51 beds
Avg Bathrooms 1.93 baths 1.83 baths 1.78 baths 1.77 baths 1.85 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 646 $406,673 58 days
Multi-Million Dollar Homes 33 $1,635,239 124 days
Newly Built Homes 41 $682,665 117 days
Homes with a Pool 36 $496,968 37 days
Reduced Price Homes 27 $402,984 29 days
Bellabay Realty
James Chertos
4050 Del Mar Dr
Wyoming, MI 49418
616-329-7378

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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.
Copyright 2023 MichRIC, LLC. All rights reserved.
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