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Grand Rapids Market Report

$308,881

AVERAGE PRICE OF 515 HOMES

$196,050

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,501,839

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$459,674

AVERAGE PRICE OF 60 NEWLY BUILT HOMES

$522,763

AVERAGE PRICE OF 38 HOMES WITH A POOL

$251,979

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $308,881
Avg Bedrooms 3.07 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $295,620
2 bedrooms $261,595
3 bedrooms $264,170
4 bedrooms $353,717
5 bedrooms $549,515
Grand Rapids Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 676 859 948 1,004 1,014
Average Price $281,383 $278,023 $282,142 $283,552 $288,416
Avg Price Change +1.21% -1.48% -0.50% -1.72% +0.91%
Median Price $209,900 $211,766 $216,083 $221,508 $226,208
Med Price Change -0.89% -2.04% -2.51% -2.12% +1.87%
Avg Bedrooms 3.07 beds 3.12 beds 3.17 beds 3.17 beds 3.16 beds
Avg Bathrooms 2.16 baths 2.19 baths 2.24 baths 2.25 baths 2.29 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 515 $308,881 71 days
Distressed Homes 4 $196,050 51 days
Multi-Million Dollar Homes 13 $1,501,839 85 days
Newly Built Homes 60 $459,674 97 days
Homes with a Pool 38 $522,763 82 days
Reduced Price Homes 5 $251,979 12 days