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

Grand Rapids Market Report

$286,274

AVERAGE PRICE OF 931 HOMES

$146,236

AVERAGE PRICE OF 11 DISTRESSED HOMES

$1,350,988

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$434,232

AVERAGE PRICE OF 80 NEWLY BUILT HOMES

$398,444

AVERAGE PRICE OF 62 HOMES WITH A POOL

$380,863

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $286,274
Avg Bedrooms 3.3 beds
Avg Bathrooms 2.39 baths

Average Price by Bedrooms

1 bedroom $195,617
2 bedrooms $217,838
3 bedrooms $213,499
4 bedrooms $345,763
5 bedrooms $542,016
Grand Rapids Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 811 717 700 732 832
Average Price $285,533 $279,057 $277,286 $278,681 $279,939
Avg Price Change +2.32% +0.64% -0.50% -0.45% +1.94%
Median Price $210,769 $200,005 $199,331 $201,107 $196,542
Med Price Change +5.38% +0.34% -0.89% +2.32% +1.35%
Avg Bedrooms 3.23 beds 3.18 beds 3.15 beds 3.15 beds 3.18 beds
Avg Bathrooms 2.36 baths 2.28 baths 2.26 baths 2.26 baths 2.26 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 931 $286,274 53 days
Distressed Homes 11 $146,236 52 days
Multi-Million Dollar Homes 16 $1,350,988 114 days
Newly Built Homes 80 $434,232 135 days
Homes with a Pool 62 $398,444 59 days
Reduced Price Homes 27 $380,863 52 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.