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Grand Rapids Market Report

$430,179

AVERAGE PRICE OF 814 HOMES

$1,694,845

AVERAGE PRICE OF 40 MULTI-MILLION DOLLAR HOMES

$624,343

AVERAGE PRICE OF 47 NEWLY BUILT HOMES

$557,737

AVERAGE PRICE OF 45 HOMES WITH A POOL

$424,036

AVERAGE PRICE OF 40 REDUCED PRICE HOMES

Average Home

Average Price $430,179
Avg Bedrooms 2.69 beds
Avg Bathrooms 2.02 baths

Average Price by Bedrooms

1 bedroom $307,018
2 bedrooms $296,536
3 bedrooms $356,099
4 bedrooms $469,818
5 bedrooms $815,882
Grand Rapids Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 754 694 590 530 483
Average Price $431,537 n/a n/a $445,843 $437,147
Avg Price Change n/a n/a n/a +1.99% +1.79%
Median Price $327,261 $326,681 $322,687 $326,861 $320,715
Med Price Change +0.18% +1.24% -1.29% +1.92% +3.71%
Avg Bedrooms 2.71 beds 2.64 beds 2.53 beds 2.52 beds 2.48 beds
Avg Bathrooms 2.06 baths 2.04 baths 2.02 baths 2.06 baths 2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Forest Hills Central High School 7 $708,100 31 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 814 $430,179 61 days
Multi-Million Dollar Homes 40 $1,694,845 139 days
Newly Built Homes 47 $624,343 131 days
Homes with a Pool 45 $557,737 52 days
Reduced Price Homes 40 $424,036 26 days