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Grand Rapids Market Report

$284,151

AVERAGE PRICE OF 995 HOMES

$107,318

AVERAGE PRICE OF 11 DISTRESSED HOMES

$1,344,982

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$472,113

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$412,875

AVERAGE PRICE OF 58 HOMES WITH A POOL

$336,753

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

Average Home

Average Price $284,151
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.37 baths

Average Price by Bedrooms

1 bedroom $195,775
2 bedrooms $216,367
3 bedrooms $218,072
4 bedrooms $326,387
5 bedrooms $529,283
Grand Rapids Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 924 811 717 700 732
Average Price $285,845 $285,533 $279,057 $277,286 $278,681
Avg Price Change +0.11% +2.32% +0.64% -0.50% -0.45%
Median Price $211,182 $210,769 $200,005 $199,331 $201,107
Med Price Change +0.20% +5.38% +0.34% -0.89% +2.32%
Avg Bedrooms 3.28 beds 3.23 beds 3.18 beds 3.15 beds 3.15 beds
Avg Bathrooms 2.38 baths 2.36 baths 2.28 baths 2.26 baths 2.26 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 995 $284,151 49 days
Distressed Homes 11 $107,318 39 days
Multi-Million Dollar Homes 17 $1,344,982 115 days
Newly Built Homes 73 $472,113 100 days
Homes with a Pool 58 $412,875 60 days
Reduced Price Homes 48 $336,753 43 days
Keller Williams Grand Rapids
Jessica Tucker
630 Kenmoor, SE Suite 101
Grand Rapids, MI
616-915-6446

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.
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