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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

$307,670

AVERAGE PRICE OF 634 HOMES

$148,333

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,409,357

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$664,758

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$458,582

AVERAGE PRICE OF 39 HOMES WITH A POOL

$207,928

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $307,670
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $215,083
2 bedrooms $240,699
3 bedrooms $261,296
4 bedrooms $362,973
5 bedrooms $670,381
Grand Rapids Home Price Trends
  10/2021 9/2021 8/2021 7/2021 6/2021
Total Listings 794 805 796 763 748
Average Price $308,570 $313,755 $320,454 $317,963 $317,323
Avg Price Change -1.68% -2.14% +0.78% +0.20% +3.38%
Median Price $235,879 $234,855 $241,624 $239,745 $240,913
Med Price Change +0.44% -2.88% +0.78% -0.49% -1.05%
Avg Bedrooms 3.21 beds 3.17 beds 3.18 beds 3.15 beds 3.16 beds
Avg Bathrooms 2.15 baths 2.17 baths 2.23 baths 2.23 baths 2.22 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 634 $307,670 57 days
Distressed Homes 3 $148,333 56 days
Multi-Million Dollar Homes 14 $1,409,357 138 days
Newly Built Homes 43 $664,758 114 days
Homes with a Pool 39 $458,582 85 days
Reduced Price Homes 7 $207,928 15 days