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

Grand Rapids Market Report

$280,396

AVERAGE PRICE OF 1,135 HOMES

$98,890

AVERAGE PRICE OF 11 DISTRESSED HOMES

$1,357,700

AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

$437,943

AVERAGE PRICE OF 91 NEWLY BUILT HOMES

$408,502

AVERAGE PRICE OF 74 HOMES WITH A POOL

$286,369

AVERAGE PRICE OF 57 REDUCED PRICE HOMES

Average Home

Average Price $280,396
Avg Bedrooms 3.26 beds
Avg Bathrooms 2.32 baths

Average Price by Bedrooms

1 bedroom $208,292
2 bedrooms $227,714
3 bedrooms $232,346
4 bedrooms $300,840
5 bedrooms $514,728
Grand Rapids Home Price Trends
  8/2019 7/2019 6/2019 5/2019 4/2019
Total Listings 1,129 1,034 994 924 811
Average Price $279,502 $284,349 $283,125 $285,845 $285,533
Avg Price Change -1.73% +0.43% -0.96% +0.11% +2.32%
Median Price $216,256 $219,900 $209,964 $211,182 $210,769
Med Price Change -1.69% +4.73% -0.58% +0.20% +5.38%
Avg Bedrooms 3.27 beds 3.32 beds 3.32 beds 3.28 beds 3.23 beds
Avg Bathrooms 2.35 baths 2.4 baths 2.37 baths 2.38 baths 2.36 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,135 $280,396 54 days
Distressed Homes 11 $98,890 44 days
Multi-Million Dollar Homes 20 $1,357,700 123 days
Newly Built Homes 91 $437,943 95 days
Homes with a Pool 74 $408,502 56 days
Reduced Price Homes 57 $286,369 46 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.