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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

$318,781

AVERAGE PRICE OF 741 HOMES

$141,900

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,465,081

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$610,379

AVERAGE PRICE OF 60 NEWLY BUILT HOMES

$425,620

AVERAGE PRICE OF 50 HOMES WITH A POOL

$366,775

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price $318,781
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $224,708
2 bedrooms $256,709
3 bedrooms $272,794
4 bedrooms $379,310
5 bedrooms $555,705
Grand Rapids Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 695 627 556 544 537
Average Price $306,955 $311,174 $310,553 $308,845 $298,699
Avg Price Change -1.37% +0.20% +0.55% +3.40% +6.15%
Median Price $243,434 $248,556 $240,250 $231,208 $217,174
Med Price Change -2.10% +3.46% +3.91% +6.46% +3.47%
Avg Bedrooms 3.12 beds 3.07 beds 3 beds 3.05 beds 3.07 beds
Avg Bathrooms 2.18 baths 2.2 baths 2.2 baths 2.23 baths 2.18 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 741 $318,781 41 days
Distressed Homes 2 $141,900 123 days
Multi-Million Dollar Homes 18 $1,465,081 52 days
Newly Built Homes 60 $610,379 106 days
Homes with a Pool 50 $425,620 51 days
Reduced Price Homes 16 $366,775 32 days