Grand Rapids Market Report

$357,798

AVERAGE PRICE OF 692 HOMES

$1,593,937

AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES

$661,388

AVERAGE PRICE OF 59 NEWLY BUILT HOMES

$389,665

AVERAGE PRICE OF 40 HOMES WITH A POOL

$341,417

AVERAGE PRICE OF 35 REDUCED PRICE HOMES

Average Home

Average Price $357,798
Avg Bedrooms 2.65 beds
Avg Bathrooms 1.92 baths

Average Price by Bedrooms

1 bedroom $226,254
2 bedrooms $301,090
3 bedrooms $296,813
4 bedrooms $385,392
5 bedrooms $615,655
Grand Rapids Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 766 836 834 820 833
Average Price $363,693 $360,608 $361,051 $363,880 $361,251
Avg Price Change +0.86% -0.12% -0.78% +0.73% n/a
Median Price $274,908 $269,986 $273,121 $281,983 $280,000
Med Price Change +1.82% -1.16% -3.24% +0.71% n/a
Avg Bedrooms 2.69 beds 2.7 beds 2.72 beds 2.77 beds 2.75 beds
Avg Bathrooms 1.96 baths 1.94 baths 1.96 baths 2 baths 1.98 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 692 $357,798 58 days
Multi-Million Dollar Homes 23 $1,593,937 111 days
Newly Built Homes 59 $661,388 89 days
Homes with a Pool 40 $389,665 53 days
Reduced Price Homes 35 $341,417 32 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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