Grand Rapids Market Report

$385,780

AVERAGE PRICE OF 539 HOMES

$1,636,192

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$662,954

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$426,367

AVERAGE PRICE OF 19 HOMES WITH A POOL

$333,871

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $385,780
Avg Bedrooms 2.47 beds
Avg Bathrooms 1.81 baths

Average Price by Bedrooms

1 bedroom $305,420
2 bedrooms $278,346
3 bedrooms $320,010
4 bedrooms $436,087
5 bedrooms $567,199
Grand Rapids Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 524 553 645 766 836
Average Price $389,944 $372,869 $360,788 $363,693 $360,608
Avg Price Change +4.58% +3.35% -0.81% +0.86% -0.12%
Median Price $282,381 $275,691 $279,076 $274,908 $269,986
Med Price Change +2.43% -1.23% +1.52% +1.82% -1.16%
Avg Bedrooms 2.43 beds 2.51 beds 2.62 beds 2.69 beds 2.7 beds
Avg Bathrooms 1.77 baths 1.85 baths 1.92 baths 1.96 baths 1.94 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 539 $385,780 66 days
Multi-Million Dollar Homes 25 $1,636,192 145 days
Newly Built Homes 43 $662,954 120 days
Homes with a Pool 19 $426,367 60 days
Reduced Price Homes 7 $333,871 72 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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