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

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 HOMES

Average 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
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 2022 MichRIC, LLC. All rights reserved.
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