Grand Rapids Market Report
$419,324
AVERAGE PRICE OF 718 HOMES$1,640,333
AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES$526,889
AVERAGE PRICE OF 65 NEWLY BUILT HOMES$490,423
AVERAGE PRICE OF 38 HOMES WITH A POOL$338,612
AVERAGE PRICE OF 32 REDUCED PRICE HOMESAverage Home
| Average Price | $419,324 |
| Avg Bedrooms | 3.24 beds |
| Avg Bathrooms | 1.84 baths |
Average Price by Bedrooms
| 1 bedroom | $288,045 |
| 2 bedrooms | $324,678 |
| 3 bedrooms | $351,476 |
| 4 bedrooms | $473,263 |
| 5 bedrooms | $577,312 |
Grand Rapids Home Price Trends
| 2/2025 | 1/2025 | 12/2024 | 11/2024 | 10/2024 | |
|---|---|---|---|---|---|
| Total Listings | 667 | 655 | 773 | 935 | 927 |
| Average Price | $427,934 | $424,733 | $420,952 | $411,688 | $413,144 |
| Avg Price Change | +0.75% | +0.90% | +2.25% | -0.35% | -2.15% |
| Median Price | $319,226 | $313,120 | $320,807 | $319,097 | $317,808 |
| Med Price Change | +1.95% | -2.45% | +0.54% | +0.41% | +0.23% |
| Avg Bedrooms | 2.88 beds | 2.46 beds | 2.47 beds | 2.58 beds | 2.64 beds |
| Avg Bathrooms | 1.75 baths | 1.74 baths | 1.79 baths | 1.86 baths | 1.91 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| East Grand Rapids High School | 5 | $707,960 | 20 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 718 | $419,324 | 75 days |
| Multi-Million Dollar Homes | 39 | $1,640,333 | 145 days |
| Newly Built Homes | 65 | $526,889 | 147 days |
| Homes with a Pool | 38 | $490,423 | 76 days |
| Reduced Price Homes | 32 | $338,612 | 34 days |
