Grand Rapids Market Report
$352,104
AVERAGE PRICE OF 491 HOMES$317,000
AVERAGE PRICE OF 2 DISTRESSED HOMES$1,434,986
AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES$649,342
AVERAGE PRICE OF 45 NEWLY BUILT HOMES$506,240
AVERAGE PRICE OF 30 HOMES WITH A POOL$559,980
AVERAGE PRICE OF 5 REDUCED PRICE HOMESAverage Home
| Average Price | $352,104 |
| Avg Bedrooms | 3.2 beds |
| Avg Bathrooms | 2.24 baths |
Average Price by Bedrooms
| 1 bedroom | $249,963 |
| 2 bedrooms | $272,392 |
| 3 bedrooms | $288,998 |
| 4 bedrooms | $446,505 |
| 5 bedrooms | $592,275 |
Grand Rapids Home Price Trends
| 4/2022 | 3/2022 | 2/2022 | 1/2022 | 12/2021 | |
|---|---|---|---|---|---|
| Total Listings | n/a | 432 | 399 | 401 | 547 |
| Average Price | n/a | $346,456 | $328,071 | $316,176 | $303,092 |
| Avg Price Change | n/a | +5.60% | +3.76% | +4.32% | n/a |
| Median Price | n/a | $258,453 | $249,833 | $240,089 | $231,595 |
| Med Price Change | n/a | +3.45% | +4.06% | +3.67% | n/a |
| Avg Bedrooms | n/a | 3.17 beds | 3.15 beds | 3.17 beds | 3.14 beds |
| Avg Bathrooms | n/a | 2.19 baths | 2.16 baths | 2.13 baths | 2.07 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 491 | $352,104 | 42 days |
| Distressed Homes | 2 | $317,000 | 10 days |
| Multi-Million Dollar Homes | 14 | $1,434,986 | 104 days |
| Newly Built Homes | 45 | $649,342 | 99 days |
| Homes with a Pool | 30 | $506,240 | 41 days |
| Reduced Price Homes | 5 | $559,980 | 32 days |
