Grand Rapids Market Report

$299,476

AVERAGE PRICE OF 538 HOMES

$196,050

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,468,658

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$444,309

AVERAGE PRICE OF 58 NEWLY BUILT HOMES

$522,710

AVERAGE PRICE OF 38 HOMES WITH A POOL

$327,227

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $299,476
Avg Bedrooms 3.09 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $263,820
2 bedrooms $255,153
3 bedrooms $256,768
4 bedrooms $337,783
5 bedrooms $532,243
Grand Rapids Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 676 859 948 1,004 1,014
Average Price $281,383 $278,023 $282,142 $283,552 $288,416
Avg Price Change +1.21% -1.48% -0.50% -1.72% +0.91%
Median Price $209,900 $211,766 $216,083 $221,508 $226,208
Med Price Change -0.89% -2.04% -2.51% -2.12% +1.87%
Avg Bedrooms 3.07 beds 3.12 beds 3.17 beds 3.17 beds 3.16 beds
Avg Bathrooms 2.16 baths 2.19 baths 2.24 baths 2.25 baths 2.29 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 538 $299,476 71 days
Distressed Homes 4 $196,050 41 days
Multi-Million Dollar Homes 12 $1,468,658 82 days
Newly Built Homes 58 $444,309 104 days
Homes with a Pool 38 $522,710 76 days
Reduced Price Homes 11 $327,227 90 days