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

Grand Rapids Market Report

$282,594

AVERAGE PRICE OF 1,048 HOMES

$111,277

AVERAGE PRICE OF 9 DISTRESSED HOMES

$1,333,994

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$460,397

AVERAGE PRICE OF 79 NEWLY BUILT HOMES

$382,062

AVERAGE PRICE OF 58 HOMES WITH A POOL

$298,164

AVERAGE PRICE OF 68 REDUCED PRICE HOMES

Average Home

Average Price $282,594
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.38 baths

Average Price by Bedrooms

1 bedroom $203,793
2 bedrooms $219,219
3 bedrooms $225,884
4 bedrooms $321,746
5 bedrooms $493,286
Grand Rapids Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 994 924 811 717 700
Average Price $283,125 $285,845 $285,533 $279,057 $277,286
Avg Price Change -0.96% +0.11% +2.32% +0.64% -0.50%
Median Price $209,964 $211,182 $210,769 $200,005 $199,331
Med Price Change -0.58% +0.20% +5.38% +0.34% -0.89%
Avg Bedrooms 3.32 beds 3.28 beds 3.23 beds 3.18 beds 3.15 beds
Avg Bathrooms 2.37 baths 2.38 baths 2.36 baths 2.28 baths 2.26 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,048 $282,594 46 days
Distressed Homes 9 $111,277 53 days
Multi-Million Dollar Homes 16 $1,333,994 108 days
Newly Built Homes 79 $460,397 90 days
Homes with a Pool 58 $382,062 49 days
Reduced Price Homes 68 $298,164 34 days
Keller Williams Realty
Jim & Yvette Blehm
3237 Platinum Street NE
Grand Rapids, MI 49525
616-719-7017

Copyright 2019 MichRIC, LLC. All rights reserved.
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 2019 MichRIC, LLC. All rights reserved.