Grand Rapids Market Report
$421,498
AVERAGE PRICE OF 702 HOMES$1,698,081
AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES$524,782
AVERAGE PRICE OF 64 NEWLY BUILT HOMES$483,128
AVERAGE PRICE OF 39 HOMES WITH A POOL$406,648
AVERAGE PRICE OF 29 REDUCED PRICE HOMESAverage Home
| Average Price | $421,498 |
| Avg Bedrooms | 3.21 beds |
| Avg Bathrooms | 1.79 baths |
Average Price by Bedrooms
| 1 bedroom | $297,446 |
| 2 bedrooms | $327,842 |
| 3 bedrooms | $342,733 |
| 4 bedrooms | $465,931 |
| 5 bedrooms | $553,468 |
Grand Rapids Home Price Trends
| 2/2025 | 1/2025 | 12/2024 | 11/2024 | 10/2024 | |
|---|---|---|---|---|---|
| Total Listings | 667 | 655 | 773 | 935 | 927 |
| Average Price | $427,934 | $424,733 | $420,952 | $411,688 | $413,144 |
| Avg Price Change | +0.75% | +0.90% | +2.25% | -0.35% | -2.15% |
| Median Price | $319,226 | $313,120 | $320,807 | $319,097 | $317,808 |
| Med Price Change | +1.95% | -2.45% | +0.54% | +0.41% | +0.23% |
| Avg Bedrooms | 2.88 beds | 2.46 beds | 2.47 beds | 2.58 beds | 2.64 beds |
| Avg Bathrooms | 1.75 baths | 1.74 baths | 1.79 baths | 1.86 baths | 1.91 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Northview High School | 4 | $386,700 | 68 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 702 | $421,498 | 78 days |
| Multi-Million Dollar Homes | 37 | $1,698,081 | 149 days |
| Newly Built Homes | 64 | $524,782 | 145 days |
| Homes with a Pool | 39 | $483,128 | 71 days |
| Reduced Price Homes | 29 | $406,648 | 58 days |
