Grand Rapids Market Report

$423,018

AVERAGE PRICE OF 700 HOMES

$1,649,811

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$683,621

AVERAGE PRICE OF 42 NEWLY BUILT HOMES

$435,179

AVERAGE PRICE OF 39 HOMES WITH A POOL

$430,337

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $423,018
Avg Bedrooms 2.49 beds
Avg Bathrooms 1.91 baths

Average Price by Bedrooms

1 bedroom $304,833
2 bedrooms $304,882
3 bedrooms $319,104
4 bedrooms $480,202
5 bedrooms $805,432
Grand Rapids Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 692 666 675 633 550
Average Price $425,293 $422,888 $408,774 $399,562 $397,870
Avg Price Change +0.57% +3.45% +2.31% +0.43% +2.60%
Median Price $319,177 $320,992 $301,426 $298,671 $286,767
Med Price Change -0.57% +6.49% +0.92% +4.15% +2.72%
Avg Bedrooms 2.55 beds 2.66 beds 2.67 beds 2.6 beds 2.45 beds
Avg Bathrooms 1.94 baths 1.99 baths 1.98 baths 1.93 baths 1.83 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 700 $423,018 60 days
Multi-Million Dollar Homes 37 $1,649,811 149 days
Newly Built Homes 42 $683,621 100 days
Homes with a Pool 39 $435,179 46 days
Reduced Price Homes 27 $430,337 38 days
Bellabay Realty
4050 Del Mar Dr SW, Suite C
Wyoming, MI 49418

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.
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