Grand Rapids Market Report
$418,095
AVERAGE PRICE OF 667 HOMES$1,707,209
AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES$593,105
AVERAGE PRICE OF 48 NEWLY BUILT HOMES$494,919
AVERAGE PRICE OF 41 HOMES WITH A POOL$350,990
AVERAGE PRICE OF 31 REDUCED PRICE HOMESAverage Home
| Average Price | $418,095 |
| Avg Bedrooms | 2.44 beds |
| Avg Bathrooms | 1.74 baths |
Average Price by Bedrooms
| 1 bedroom | $319,559 |
| 2 bedrooms | $332,911 |
| 3 bedrooms | $336,536 |
| 4 bedrooms | $441,814 |
| 5 bedrooms | $610,037 |
Grand Rapids Home Price Trends
| 12/2024 | 11/2024 | 10/2024 | 9/2024 | 8/2024 | |
|---|---|---|---|---|---|
| Total Listings | 773 | 935 | 927 | 895 | 853 |
| Average Price | $420,952 | $411,688 | $413,144 | $422,039 | $415,214 |
| Avg Price Change | +2.25% | -0.35% | -2.15% | +1.64% | -3.75% |
| Median Price | $320,807 | $319,097 | $317,808 | $317,088 | $319,255 |
| Med Price Change | +0.54% | +0.41% | +0.23% | -0.68% | -0.80% |
| Avg Bedrooms | 2.47 beds | 2.58 beds | 2.64 beds | 2.67 beds | 2.66 beds |
| Avg Bathrooms | 1.79 baths | 1.86 baths | 1.91 baths | 1.95 baths | 1.96 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Northview | 4 | $454,650 | 40 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 667 | $418,095 | 90 days |
| Multi-Million Dollar Homes | 33 | $1,707,209 | 152 days |
| Newly Built Homes | 48 | $593,105 | 155 days |
| Homes with a Pool | 41 | $494,919 | 90 days |
| Reduced Price Homes | 31 | $350,990 | 87 days |
