Grand Rapids Market Report
$282,172
AVERAGE PRICE OF 720 HOMES$147,600
AVERAGE PRICE OF 7 DISTRESSED HOMES$1,425,271
AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES$419,368
AVERAGE PRICE OF 105 NEWLY BUILT HOMES$393,062
AVERAGE PRICE OF 51 HOMES WITH A POOL$317,307
AVERAGE PRICE OF 26 REDUCED PRICE HOMESAverage Home
| Average Price | $282,172 |
| Avg Bedrooms | 3.16 beds |
| Avg Bathrooms | 2.28 baths |
Average Price by Bedrooms
| 1 bedroom | $219,409 |
| 2 bedrooms | $233,256 |
| 3 bedrooms | $224,924 |
| 4 bedrooms | $342,458 |
| 5 bedrooms | $490,243 |
Grand Rapids Home Price Trends
| 12/2018 | 11/2018 | 10/2018 | 9/2018 | 8/2018 | |
|---|---|---|---|---|---|
| Total Listings | 832 | 985 | 1,029 | 1,049 | 1,078 |
| Average Price | $279,939 | $274,601 | $277,003 | $270,082 | $273,203 |
| Avg Price Change | +1.94% | -0.87% | +2.56% | -1.16% | +0.56% |
| Median Price | $196,542 | $193,929 | $195,500 | $193,582 | $201,850 |
| Med Price Change | +1.35% | -0.81% | +0.99% | -4.27% | +0.73% |
| Avg Bedrooms | 3.18 beds | 3.21 beds | 3.25 beds | 3.22 beds | 3.24 beds |
| Avg Bathrooms | 2.26 baths | 2.24 baths | 2.27 baths | 2.27 baths | 2.32 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 720 | $282,172 | 69 days |
| Distressed Homes | 7 | $147,600 | 41 days |
| Multi-Million Dollar Homes | 14 | $1,425,271 | 114 days |
| Newly Built Homes | 105 | $419,368 | 116 days |
| Homes with a Pool | 51 | $393,062 | 66 days |
| Reduced Price Homes | 26 | $317,307 | 56 days |
