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Grand Rapids

Grand Rapids Market Report

$276,254

AVERAGE PRICE OF 805 HOMES

$197,433

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,441,255

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$427,306

AVERAGE PRICE OF 71 NEWLY BUILT HOMES

$439,641

AVERAGE PRICE OF 58 HOMES WITH A POOL

$229,785

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $276,254
Avg Bedrooms 3.11 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $263,032
2 bedrooms $230,580
3 bedrooms $239,817
4 bedrooms $303,857
5 bedrooms $480,315
Grand Rapids Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 948 1,004 1,014 1,010 953
Average Price $282,142 $283,552 $288,416 $285,821 $290,217
Avg Price Change -0.50% -1.72% +0.91% -1.54% -0.42%
Median Price $216,083 $221,508 $226,208 $222,048 $225,825
Med Price Change -2.51% -2.12% +1.87% -1.70% -1.49%
Avg Bedrooms 3.17 beds 3.17 beds 3.16 beds 3.15 beds 3.16 beds
Avg Bathrooms 2.24 baths 2.25 baths 2.29 baths 2.27 baths 2.28 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 805 $276,254 62 days
Distressed Homes 3 $197,433 58 days
Multi-Million Dollar Homes 11 $1,441,255 114 days
Newly Built Homes 71 $427,306 107 days
Homes with a Pool 58 $439,641 79 days
Reduced Price Homes 14 $229,785 24 days