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Grand Rapids Market Report

$282,172

AVERAGE PRICE OF 720 HOMES

$147,600

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,425,271

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$419,368

AVERAGE PRICE OF 105 NEWLY BUILT HOMES

$393,062

AVERAGE PRICE OF 51 HOMES WITH A POOL

$317,307

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

Average Home

Average Price $282,172
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $219,409
2 bedrooms $233,256
3 bedrooms $224,924
4 bedrooms $342,458
5 bedrooms $490,243
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 720 $282,172 69 days
Distressed Homes 7 $147,600 41 days
Multi-Million Dollar Homes 14 $1,425,271 114 days
Newly Built Homes 105 $419,368 116 days
Homes with a Pool 51 $393,062 66 days
Reduced Price Homes 26 $317,307 56 days
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