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Grand Rapids Market Report

$279,874

AVERAGE PRICE OF 747 HOMES

$240,185

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,368,871

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$414,727

AVERAGE PRICE OF 88 NEWLY BUILT HOMES

$366,232

AVERAGE PRICE OF 51 HOMES WITH A POOL

$308,985

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $279,874
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $193,448
2 bedrooms $216,897
3 bedrooms $220,170
4 bedrooms $336,682
5 bedrooms $564,828
Grand Rapids Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 700 732 832 985 1,029
Average Price $277,286 $278,681 $279,939 $274,601 $277,003
Avg Price Change -0.50% -0.45% +1.94% -0.87% +2.56%
Median Price $199,331 $201,107 $196,542 $193,929 $195,500
Med Price Change -0.89% +2.32% +1.35% -0.81% +0.99%
Avg Bedrooms 3.15 beds 3.15 beds 3.18 beds 3.21 beds 3.25 beds
Avg Bathrooms 2.26 baths 2.26 baths 2.26 baths 2.24 baths 2.27 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 747 $279,874 60 days
Distressed Homes 7 $240,185 55 days
Multi-Million Dollar Homes 17 $1,368,871 109 days
Newly Built Homes 88 $414,727 124 days
Homes with a Pool 51 $366,232 60 days
Reduced Price Homes 28 $308,985 55 days

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