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Grand Rapids Market Report

$281,525

AVERAGE PRICE OF 720 HOMES

$150,616

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,425,271

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$419,368

AVERAGE PRICE OF 105 NEWLY BUILT HOMES

$386,624

AVERAGE PRICE OF 53 HOMES WITH A POOL

$247,658

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $281,525
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $223,652
2 bedrooms $234,608
3 bedrooms $223,914
4 bedrooms $340,306
5 bedrooms $489,978
Grand Rapids Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 832 985 1,029 1,049 1,078
Average Price $279,939 $274,601 $277,003 $270,082 $273,203
Avg Price Change +1.94% -0.87% +2.56% -1.16% +0.56%
Median Price $196,542 $193,929 $195,500 $193,582 $201,850
Med Price Change +1.35% -0.81% +0.99% -4.27% +0.73%
Avg Bedrooms 3.18 beds 3.21 beds 3.25 beds 3.22 beds 3.24 beds
Avg Bathrooms 2.26 baths 2.24 baths 2.27 baths 2.27 baths 2.32 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 720 $281,525 69 days
Distressed Homes 6 $150,616 40 days
Multi-Million Dollar Homes 14 $1,425,271 115 days
Newly Built Homes 105 $419,368 117 days
Homes with a Pool 53 $386,624 62 days
Reduced Price Homes 27 $247,658 52 days
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