If you need assistance, please call 616-719-7017

Grand Rapids Market Report

$314,340

AVERAGE PRICE OF 788 HOMES

$157,933

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,516,082

AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

$652,746

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$502,543

AVERAGE PRICE OF 55 HOMES WITH A POOL

$282,687

AVERAGE PRICE OF 31 REDUCED PRICE HOMES

Average Home

Average Price $314,340
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $218,634
2 bedrooms $247,323
3 bedrooms $261,335
4 bedrooms $356,243
5 bedrooms $714,525
Grand Rapids Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 796 763 748 695 627
Average Price $320,454 $317,963 $317,323 $306,955 $311,174
Avg Price Change +0.78% +0.20% +3.38% -1.37% +0.20%
Median Price $241,624 $239,745 $240,913 $243,434 $248,556
Med Price Change +0.78% -0.49% -1.05% -2.10% +3.46%
Avg Bedrooms 3.18 beds 3.15 beds 3.16 beds 3.12 beds 3.07 beds
Avg Bathrooms 2.23 baths 2.23 baths 2.22 baths 2.18 baths 2.2 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 788 $314,340 44 days
Distressed Homes 3 $157,933 105 days
Multi-Million Dollar Homes 22 $1,516,082 76 days
Newly Built Homes 44 $652,746 91 days
Homes with a Pool 55 $502,543 58 days
Reduced Price Homes 31 $282,687 35 days
Keller Williams Realty
Jim & Yvette Blehm
3237 Platinum Street NE
Grand Rapids, MI 49525
616-719-7017

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Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2021 MichRIC, LLC. All rights reserved.
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