Grand Rapids Market Report

$419,533

AVERAGE PRICE OF 676 HOMES

$1,651,000

AVERAGE PRICE OF 34 MULTI-MILLION DOLLAR HOMES

$689,055

AVERAGE PRICE OF 40 NEWLY BUILT HOMES

$461,000

AVERAGE PRICE OF 37 HOMES WITH A POOL

$401,627

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $419,533
Avg Bedrooms 2.45 beds
Avg Bathrooms 1.9 baths

Average Price by Bedrooms

1 bedroom $307,950
2 bedrooms $306,425
3 bedrooms $323,872
4 bedrooms $480,507
5 bedrooms $771,392
Grand Rapids Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 692 666 675 633 550
Average Price $425,293 $422,888 $408,774 $399,562 $397,870
Avg Price Change +0.57% +3.45% +2.31% +0.43% +2.60%
Median Price $319,177 $320,992 $301,426 $298,671 $286,767
Med Price Change -0.57% +6.49% +0.92% +4.15% +2.72%
Avg Bedrooms 2.55 beds 2.66 beds 2.67 beds 2.6 beds 2.45 beds
Avg Bathrooms 1.94 baths 1.99 baths 1.98 baths 1.93 baths 1.83 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 676 $419,533 61 days
Multi-Million Dollar Homes 34 $1,651,000 158 days
Newly Built Homes 40 $689,055 101 days
Homes with a Pool 37 $461,000 48 days
Reduced Price Homes 29 $401,627 29 days
Bellabay Realty
1685 68th St SE
Caledonia, MI 49316

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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