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Grand Rapids Market Report

$283,705

AVERAGE PRICE OF 715 HOMES

$240,185

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,369,550

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$416,561

AVERAGE PRICE OF 88 NEWLY BUILT HOMES

$363,321

AVERAGE PRICE OF 50 HOMES WITH A POOL

$319,459

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $283,705
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $194,322
2 bedrooms $213,097
3 bedrooms $223,569
4 bedrooms $355,424
5 bedrooms $533,716
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 715 $283,705 64 days
Distressed Homes 7 $240,185 51 days
Multi-Million Dollar Homes 16 $1,369,550 112 days
Newly Built Homes 88 $416,561 122 days
Homes with a Pool 50 $363,321 58 days
Reduced Price Homes 22 $319,459 41 days
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