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Grand Rapids

Grand Rapids Market Report

$282,289

AVERAGE PRICE OF 1,000 HOMES

$233,325

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,351,400

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$410,304

AVERAGE PRICE OF 81 NEWLY BUILT HOMES

$387,842

AVERAGE PRICE OF 85 HOMES WITH A POOL

$335,346

AVERAGE PRICE OF 41 REDUCED PRICE HOMES

Average Home

Average Price $282,289
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $257,487
2 bedrooms $232,364
3 bedrooms $236,941
4 bedrooms $312,516
5 bedrooms $538,853
Grand Rapids Home Price Trends
  8/2020 7/2020 6/2020 5/2020 4/2020
Total Listings 1,014 1,010 953 758 667
Average Price $288,416 $285,821 $290,217 $291,433 $289,434
Avg Price Change +0.91% -1.54% -0.42% +0.69% +2.98%
Median Price $226,208 $222,048 $225,825 $229,200 $225,775
Med Price Change +1.87% -1.70% -1.49% +1.52% +3.40%
Avg Bedrooms 3.16 beds 3.15 beds 3.16 beds 3.16 beds 3.11 beds
Avg Bathrooms 2.29 baths 2.27 baths 2.28 baths 2.29 baths 2.29 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,000 $282,289 55 days
Distressed Homes 4 $233,325 93 days
Multi-Million Dollar Homes 17 $1,351,400 86 days
Newly Built Homes 81 $410,304 98 days
Homes with a Pool 85 $387,842 66 days
Reduced Price Homes 41 $335,346 39 days