Grand Rapids

Grand Rapids Market Report

$272,247

AVERAGE PRICE OF 923 HOMES

$130,010

AVERAGE PRICE OF 10 DISTRESSED HOMES

$1,491,875

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$415,658

AVERAGE PRICE OF 89 NEWLY BUILT HOMES

$437,592

AVERAGE PRICE OF 63 HOMES WITH A POOL

$228,038

AVERAGE PRICE OF 39 REDUCED PRICE HOMES

Average Home

Average Price $272,247
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

1 bedroom $247,357
2 bedrooms $207,488
3 bedrooms $224,901
4 bedrooms $319,442
5 bedrooms $511,857
Grand Rapids Home Price Trends
  11/2019 10/2019 9/2019 8/2019 7/2019
Total Listings 1,082 1,173 1,147 1,129 1,034
Average Price $273,932 $274,780 $277,861 $279,502 $284,349
Avg Price Change -0.31% -1.12% -0.59% -1.73% +0.43%
Median Price $204,073 $208,103 $212,488 $216,256 $219,900
Med Price Change -1.97% -2.11% -1.77% -1.69% +4.73%
Avg Bedrooms 3.21 beds 3.23 beds 3.25 beds 3.27 beds 3.32 beds
Avg Bathrooms 2.26 baths 2.28 baths 2.31 baths 2.35 baths 2.4 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 923 $272,247 73 days
Distressed Homes 10 $130,010 68 days
Multi-Million Dollar Homes 16 $1,491,875 159 days
Newly Built Homes 89 $415,658 129 days
Homes with a Pool 63 $437,592 81 days
Reduced Price Homes 39 $228,038 63 days
Homewood & Ives | Berkshire Hathaway HomeServices Michigan Real Estate
Melissa Homewood Amanda Ives
502 North Land Dr
Rockford, MI 49341
iveshomewoodhomes@gmail.com
;
Inlanta Mortgage
Brian Ferrick
Branch Manager
NMLS# 162262
Office: (616) 918-6564
Cell: (616) 485-1603
brianferrick@inlanta.com

Kelly Obenauf
Insurance Agent
Office: (616)-874-4000
Cell: (616)-874-4040
kobenauf@fbinsmi.com

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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