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 HOMESAverage 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 |
