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Grand Rapids Market Report

$282,151

AVERAGE PRICE OF 1,012 HOMES

$137,100

AVERAGE PRICE OF 10 DISTRESSED HOMES

$1,352,335

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$459,453

AVERAGE PRICE OF 75 NEWLY BUILT HOMES

$381,217

AVERAGE PRICE OF 67 HOMES WITH A POOL

$255,034

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $282,151
Avg Bedrooms 3.33 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

1 bedroom $191,014
2 bedrooms $214,114
3 bedrooms $212,299
4 bedrooms $334,678
5 bedrooms $518,374
Grand Rapids Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 924 811 717 700 732
Average Price $285,845 $285,533 $279,057 $277,286 $278,681
Avg Price Change +0.11% +2.32% +0.64% -0.50% -0.45%
Median Price $211,182 $210,769 $200,005 $199,331 $201,107
Med Price Change +0.20% +5.38% +0.34% -0.89% +2.32%
Avg Bedrooms 3.28 beds 3.23 beds 3.18 beds 3.15 beds 3.15 beds
Avg Bathrooms 2.38 baths 2.36 baths 2.28 baths 2.26 baths 2.26 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,012 $282,151 48 days
Distressed Homes 10 $137,100 65 days
Multi-Million Dollar Homes 17 $1,352,335 107 days
Newly Built Homes 75 $459,453 99 days
Homes with a Pool 67 $381,217 64 days
Reduced Price Homes 36 $255,034 31 days
Mike Harig | Realtor
4601 Lake Michigan Dr
Grand Rapids, MI 49534
616-890-8460
616-710-1219

Copyright 2019 MichRIC, LLC. All rights reserved.
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2019 MichRIC, LLC. All rights reserved.