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 HOMES

Average 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
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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