Grand Rapids Market Report
$432,203
AVERAGE PRICE OF 790 HOMES$1,639,800
AVERAGE PRICE OF 46 MULTI-MILLION DOLLAR HOMES$490,167
AVERAGE PRICE OF 78 NEWLY BUILT HOMES$494,208
AVERAGE PRICE OF 46 HOMES WITH A POOL$473,168
AVERAGE PRICE OF 22 REDUCED PRICE HOMESAverage Home
| Average Price | $432,203 |
| Avg Bedrooms | 3.15 beds |
| Avg Bathrooms | 1.91 baths |
Average Price by Bedrooms
| 1 bedroom | $274,426 |
| 2 bedrooms | $335,117 |
| 3 bedrooms | $362,140 |
| 4 bedrooms | $516,343 |
| 5 bedrooms | $606,650 |
Grand Rapids Home Price Trends
| 3/2025 | 2/2025 | 1/2025 | 12/2024 | 11/2024 | |
|---|---|---|---|---|---|
| Total Listings | 703 | 667 | 655 | 773 | 935 |
| Average Price | $420,770 | $427,934 | $424,733 | $420,952 | $411,688 |
| Avg Price Change | -1.70% | +0.75% | +0.90% | +2.25% | -0.35% |
| Median Price | $317,264 | $319,226 | $313,120 | $320,807 | $319,097 |
| Med Price Change | -0.62% | +1.95% | -2.45% | +0.54% | +0.41% |
| Avg Bedrooms | 3.15 beds | 2.88 beds | 2.46 beds | 2.47 beds | 2.58 beds |
| Avg Bathrooms | 1.8 baths | 1.75 baths | 1.74 baths | 1.79 baths | 1.86 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Ottawa Hills High School | 9 | $273,266 | 9 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 790 | $432,203 | 67 days |
| Multi-Million Dollar Homes | 46 | $1,639,800 | 134 days |
| Newly Built Homes | 78 | $490,167 | 108 days |
| Homes with a Pool | 46 | $494,208 | 76 days |
| Reduced Price Homes | 22 | $473,168 | 67 days |
