Grand Rapids Market Report

$402,711

AVERAGE PRICE OF 641 HOMES

$1,618,509

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$679,425

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$472,667

AVERAGE PRICE OF 35 HOMES WITH A POOL

$488,247

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $402,711
Avg Bedrooms 2.63 beds
Avg Bathrooms 1.95 baths

Average Price by Bedrooms

1 bedroom $257,226
2 bedrooms $283,960
3 bedrooms $325,694
4 bedrooms $471,009
5 bedrooms $574,233
Grand Rapids Home Price Trends
  4/2023 3/2023 2/2023 1/2023 12/2022
Total Listings 550 532 524 553 645
Average Price $397,870 $387,773 $389,944 $372,869 $360,788
Avg Price Change +2.60% -0.56% +4.58% +3.35% -0.81%
Median Price $286,767 $279,186 $282,381 $275,691 $279,076
Med Price Change +2.72% -1.14% +2.43% -1.23% +1.52%
Avg Bedrooms 2.45 beds 2.47 beds 2.43 beds 2.51 beds 2.62 beds
Avg Bathrooms 1.83 baths 1.78 baths 1.77 baths 1.85 baths 1.92 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 641 $402,711 58 days
Multi-Million Dollar Homes 33 $1,618,509 136 days
Newly Built Homes 44 $679,425 121 days
Homes with a Pool 35 $472,667 39 days
Reduced Price Homes 19 $488,247 51 days
Bellabay Realty
4050 Del Mar Dr SW, Suite C
Wyoming, MI 49418

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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