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Grand Rapids Market Report

$279,339

AVERAGE PRICE OF 733 HOMES

$158,760

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,343,369

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$419,647

AVERAGE PRICE OF 109 NEWLY BUILT HOMES

$346,890

AVERAGE PRICE OF 53 HOMES WITH A POOL

$240,390

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $279,339
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $224,394
2 bedrooms $238,231
3 bedrooms $223,668
4 bedrooms $347,879
5 bedrooms $442,421
Grand Rapids Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 832 985 1,029 1,049 1,078
Average Price $279,939 $274,601 $277,003 $270,082 $273,203
Avg Price Change +1.94% -0.87% +2.56% -1.16% +0.56%
Median Price $196,542 $193,929 $195,500 $193,582 $201,850
Med Price Change +1.35% -0.81% +0.99% -4.27% +0.73%
Avg Bedrooms 3.18 beds 3.21 beds 3.25 beds 3.22 beds 3.24 beds
Avg Bathrooms 2.26 baths 2.24 baths 2.27 baths 2.27 baths 2.32 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 733 $279,339 69 days
Distressed Homes 5 $158,760 52 days
Multi-Million Dollar Homes 13 $1,343,369 116 days
Newly Built Homes 109 $419,647 117 days
Homes with a Pool 53 $346,890 60 days
Reduced Price Homes 23 $240,390 48 days
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