Grand Rapids Market Report
$426,729
AVERAGE PRICE OF 829 HOMES$1,652,300
AVERAGE PRICE OF 46 MULTI-MILLION DOLLAR HOMES$479,363
AVERAGE PRICE OF 71 NEWLY BUILT HOMES$491,411
AVERAGE PRICE OF 44 HOMES WITH A POOL$397,671
AVERAGE PRICE OF 42 REDUCED PRICE HOMESAverage Home
| Average Price | $426,729 |
| Avg Bedrooms | 3.17 beds |
| Avg Bathrooms | 1.92 baths |
Average Price by Bedrooms
| 1 bedroom | $265,259 |
| 2 bedrooms | $321,409 |
| 3 bedrooms | $355,984 |
| 4 bedrooms | $510,438 |
| 5 bedrooms | $653,287 |
Grand Rapids Home Price Trends
| 4/2025 | 3/2025 | 2/2025 | 1/2025 | 12/2024 | |
|---|---|---|---|---|---|
| Total Listings | 748 | 703 | 667 | 655 | 773 |
| Average Price | $430,041 | $420,770 | $427,934 | $424,733 | $420,952 |
| Avg Price Change | +2.20% | -1.70% | +0.75% | +0.90% | +2.25% |
| Median Price | $312,692 | $317,264 | $319,226 | $313,120 | $320,807 |
| Med Price Change | -1.46% | -0.62% | +1.95% | -2.45% | +0.54% |
| Avg Bedrooms | 3.18 beds | 3.15 beds | 2.88 beds | 2.46 beds | 2.47 beds |
| Avg Bathrooms | 1.88 baths | 1.8 baths | 1.75 baths | 1.74 baths | 1.79 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Ottawa Hills High School | 12 | $291,616 | 17 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 829 | $426,729 | 60 days |
| Multi-Million Dollar Homes | 46 | $1,652,300 | 140 days |
| Newly Built Homes | 71 | $479,363 | 84 days |
| Homes with a Pool | 44 | $491,411 | 70 days |
| Reduced Price Homes | 42 | $397,671 | 43 days |
