Grand Rapids Market Report
$418,587
AVERAGE PRICE OF 886 HOMES$1,714,827
AVERAGE PRICE OF 41 MULTI-MILLION DOLLAR HOMES$600,995
AVERAGE PRICE OF 52 NEWLY BUILT HOMES$489,982
AVERAGE PRICE OF 54 HOMES WITH A POOL$328,520
AVERAGE PRICE OF 24 REDUCED PRICE HOMESAverage Home
| Average Price | $418,587 |
| Avg Bedrooms | 2.54 beds |
| Avg Bathrooms | 1.83 baths |
Average Price by Bedrooms
| 1 bedroom | $300,555 |
| 2 bedrooms | $337,258 |
| 3 bedrooms | $351,878 |
| 4 bedrooms | $440,655 |
| 5 bedrooms | $585,282 |
Grand Rapids Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 935 | 927 | 895 | 853 | 808 |
| Average Price | $411,688 | $413,144 | $422,039 | $415,214 | $430,782 |
| Avg Price Change | -0.35% | -2.15% | +1.64% | -3.75% | -0.18% |
| Median Price | $319,097 | $317,808 | $317,088 | $319,255 | $321,800 |
| Med Price Change | +0.41% | +0.23% | -0.68% | -0.80% | -1.70% |
| Avg Bedrooms | 2.58 beds | 2.64 beds | 2.67 beds | 2.66 beds | 2.66 beds |
| Avg Bathrooms | 1.86 baths | 1.91 baths | 1.95 baths | 1.96 baths | 2 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Grand Rapids | 6 | $403,299 | 114 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 886 | $418,587 | 72 days |
| Multi-Million Dollar Homes | 41 | $1,714,827 | 124 days |
| Newly Built Homes | 52 | $600,995 | 137 days |
| Homes with a Pool | 54 | $489,982 | 64 days |
| Reduced Price Homes | 24 | $328,520 | 49 days |
