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Grand Rapids

Why you'd want to live in Grand Rapids

Located on the Grand River in western Michigan, Grand Rapids lies 30 miles east of Lake Michigan. Its founding father, Louis Campau, was an astute businessman who dealt in real estate after establishing a trading post with the Ottawa Indians in 1827. More than 2000 years ago, the mound building Hopewell Indian tribe inhabited the area. The city's most famous son is President Gerald R. Ford. via City/Town Info!

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Grand Rapids Market Report

$308,808

AVERAGE PRICE OF 798 HOMES

$157,933

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,476,640

AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

$655,346

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$472,966

AVERAGE PRICE OF 56 HOMES WITH A POOL

$358,955

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $308,808
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $208,456
2 bedrooms $244,761
3 bedrooms $259,477
4 bedrooms $343,532
5 bedrooms $694,560
Grand Rapids Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 796 763 748 695 627
Average Price $320,454 $317,963 $317,323 $306,955 $311,174
Avg Price Change +0.78% +0.20% +3.38% -1.37% +0.20%
Median Price $241,624 $239,745 $240,913 $243,434 $248,556
Med Price Change +0.78% -0.49% -1.05% -2.10% +3.46%
Avg Bedrooms 3.18 beds 3.15 beds 3.16 beds 3.12 beds 3.07 beds
Avg Bathrooms 2.23 baths 2.23 baths 2.22 baths 2.18 baths 2.2 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 798 $308,808 44 days
Distressed Homes 3 $157,933 110 days
Multi-Million Dollar Homes 20 $1,476,640 83 days
Newly Built Homes 44 $655,346 95 days
Homes with a Pool 56 $472,966 58 days
Reduced Price Homes 36 $358,955 40 days