Grand Rapids Market Report

$389,338

AVERAGE PRICE OF 539 HOMES

$1,634,415

AVERAGE PRICE OF 26 MULTI-MILLION DOLLAR HOMES

$672,974

AVERAGE PRICE OF 46 NEWLY BUILT HOMES

$396,998

AVERAGE PRICE OF 23 HOMES WITH A POOL

$441,440

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $389,338
Avg Bedrooms 2.49 beds
Avg Bathrooms 1.81 baths

Average Price by Bedrooms

1 bedroom $305,420
2 bedrooms $275,478
3 bedrooms $322,269
4 bedrooms $441,097
5 bedrooms $596,266
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 $389,338 66 days
Multi-Million Dollar Homes 26 $1,634,415 142 days
Newly Built Homes 46 $672,974 112 days
Homes with a Pool 23 $396,998 54 days
Reduced Price Homes 10 $441,440 59 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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