If you need assistance, please call 616-813-5742

Grand Rapids Market Report

$351,725

AVERAGE PRICE OF 703 HOMES

$149,333

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,473,829

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$679,764

AVERAGE PRICE OF 55 NEWLY BUILT HOMES

$549,699

AVERAGE PRICE OF 52 HOMES WITH A POOL

$306,659

AVERAGE PRICE OF 42 REDUCED PRICE HOMES

Average Home

Average Price $351,725
Avg Bedrooms 3.24 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $243,707
2 bedrooms $284,597
3 bedrooms $285,448
4 bedrooms $418,914
5 bedrooms $527,424
Grand Rapids Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 687 660 675 n/a n/a
Average Price $351,101 $357,629 $359,039 n/a n/a
Avg Price Change -1.86% -0.39% n/a n/a n/a
Median Price $275,426 $286,311 $289,930 n/a n/a
Med Price Change -3.95% -1.26% n/a n/a n/a
Avg Bedrooms 3.22 beds 3.27 beds 3.25 beds n/a n/a
Avg Bathrooms 2.27 baths 2.31 baths 2.31 baths n/a n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 703 $351,725 46 days
Distressed Homes 3 $149,333 25 days
Multi-Million Dollar Homes 19 $1,473,829 67 days
Newly Built Homes 55 $679,764 74 days
Homes with a Pool 52 $549,699 45 days
Reduced Price Homes 42 $306,659 44 days
Grand Rapids Realty - The Ireland Group
Tiffany Ireland
1121 Maybelle St NE
Grand Rapids, MI 49503
616-813-5742

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.
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