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Grand Rapids Market Report

$280,520

AVERAGE PRICE OF 949 HOMES

$164,333

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,392,057

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$429,561

AVERAGE PRICE OF 61 NEWLY BUILT HOMES

$436,546

AVERAGE PRICE OF 62 HOMES WITH A POOL

$256,873

AVERAGE PRICE OF 34 REDUCED PRICE HOMES

Average Home

Average Price $280,520
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $255,238
2 bedrooms $229,655
3 bedrooms $237,651
4 bedrooms $310,268
5 bedrooms $516,458
Grand Rapids Home Price Trends
  9/2020 8/2020 7/2020 6/2020 5/2020
Total Listings 1,004 1,014 1,010 953 758
Average Price $283,552 $288,416 $285,821 $290,217 $291,433
Avg Price Change -1.72% +0.91% -1.54% -0.42% +0.69%
Median Price $221,508 $226,208 $222,048 $225,825 $229,200
Med Price Change -2.12% +1.87% -1.70% -1.49% +1.52%
Avg Bedrooms 3.17 beds 3.16 beds 3.15 beds 3.16 beds 3.16 beds
Avg Bathrooms 2.25 baths 2.29 baths 2.27 baths 2.28 baths 2.29 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 949 $280,520 54 days
Distressed Homes 3 $164,333 41 days
Multi-Million Dollar Homes 14 $1,392,057 118 days
Newly Built Homes 61 $429,561 113 days
Homes with a Pool 62 $436,546 65 days
Reduced Price Homes 34 $256,873 25 days