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Grand Rapids Market Report

$280,298

AVERAGE PRICE OF 719 HOMES

$228,900

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,386,629

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$416,561

AVERAGE PRICE OF 88 NEWLY BUILT HOMES

$342,179

AVERAGE PRICE OF 51 HOMES WITH A POOL

$312,576

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $280,298
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $194,322
2 bedrooms $211,341
3 bedrooms $222,960
4 bedrooms $355,227
5 bedrooms $513,616
Grand Rapids Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 700 732 832 985 1,029
Average Price $277,286 $278,681 $279,939 $274,601 $277,003
Avg Price Change -0.50% -0.45% +1.94% -0.87% +2.56%
Median Price $199,331 $201,107 $196,542 $193,929 $195,500
Med Price Change -0.89% +2.32% +1.35% -0.81% +0.99%
Avg Bedrooms 3.15 beds 3.15 beds 3.18 beds 3.21 beds 3.25 beds
Avg Bathrooms 2.26 baths 2.26 baths 2.26 baths 2.24 baths 2.27 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 719 $280,298 65 days
Distressed Homes 8 $228,900 54 days
Multi-Million Dollar Homes 14 $1,386,629 127 days
Newly Built Homes 88 $416,561 121 days
Homes with a Pool 51 $342,179 65 days
Reduced Price Homes 17 $312,576 35 days
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