Grand Rapids Market Report
$430,645
AVERAGE PRICE OF 665 HOMES$1,704,734
AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES$591,401
AVERAGE PRICE OF 55 NEWLY BUILT HOMES$494,375
AVERAGE PRICE OF 44 HOMES WITH A POOL$623,027
AVERAGE PRICE OF 11 REDUCED PRICE HOMESAverage Home
Average Price | $430,645 |
Avg Bedrooms | 2.8 beds |
Avg Bathrooms | 1.75 baths |
Average Price by Bedrooms
1 bedroom | $301,952 |
2 bedrooms | $329,839 |
3 bedrooms | $352,151 |
4 bedrooms | $443,272 |
5 bedrooms | $608,986 |
Grand Rapids Home Price Trends
1/2025 | 12/2024 | 11/2024 | 10/2024 | 9/2024 | |
---|---|---|---|---|---|
Total Listings | 655 | 773 | 935 | 927 | 895 |
Average Price | $424,733 | $420,952 | $411,688 | $413,144 | $422,039 |
Avg Price Change | +0.90% | +2.25% | -0.35% | -2.15% | +1.64% |
Median Price | $313,120 | $320,807 | $319,097 | $317,808 | $317,088 |
Med Price Change | -2.45% | +0.54% | +0.41% | +0.23% | -0.68% |
Avg Bedrooms | 2.46 beds | 2.47 beds | 2.58 beds | 2.64 beds | 2.67 beds |
Avg Bathrooms | 1.74 baths | 1.79 baths | 1.86 baths | 1.91 baths | 1.95 baths |
Home Price by High School
School Name | Total Homes | Average Price | Avg Days on Site |
---|---|---|---|
Forest Hills Eastern | 5 | $452,740 | 53 days |
Home Price by House Size
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 665 | $430,645 | 90 days |
Multi-Million Dollar Homes | 38 | $1,704,734 | 152 days |
Newly Built Homes | 55 | $591,401 | 160 days |
Homes with a Pool | 44 | $494,375 | 80 days |
Reduced Price Homes | 11 | $623,027 | 46 days |