Grand Rapids Market Report
$358,989
AVERAGE PRICE OF 715 HOMES$1,558,706
AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES$658,323
AVERAGE PRICE OF 57 NEWLY BUILT HOMES$412,834
AVERAGE PRICE OF 43 HOMES WITH A POOL$370,376
AVERAGE PRICE OF 21 REDUCED PRICE HOMESAverage Home
| Average Price | $358,989 |
| Avg Bedrooms | 2.67 beds |
| Avg Bathrooms | 1.93 baths |
Average Price by Bedrooms
| 1 bedroom | $222,390 |
| 2 bedrooms | $299,354 |
| 3 bedrooms | $291,103 |
| 4 bedrooms | $395,677 |
| 5 bedrooms | $598,784 |
Grand Rapids Home Price Trends
| 10/2022 | 9/2022 | 8/2022 | 7/2022 | 6/2022 | |
|---|---|---|---|---|---|
| Total Listings | 836 | 834 | 820 | 833 | n/a |
| Average Price | $360,608 | $361,051 | $363,880 | $361,251 | n/a |
| Avg Price Change | -0.12% | -0.78% | +0.73% | n/a | n/a |
| Median Price | $269,986 | $273,121 | $281,983 | $280,000 | n/a |
| Med Price Change | -1.16% | -3.24% | +0.71% | n/a | n/a |
| Avg Bedrooms | 2.7 beds | 2.72 beds | 2.77 beds | 2.75 beds | n/a |
| Avg Bathrooms | 1.94 baths | 1.96 baths | 2 baths | 1.98 baths | n/a |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 715 | $358,989 | 56 days |
| Multi-Million Dollar Homes | 25 | $1,558,706 | 100 days |
| Newly Built Homes | 57 | $658,323 | 87 days |
| Homes with a Pool | 43 | $412,834 | 49 days |
| Reduced Price Homes | 21 | $370,376 | 32 days |
