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Grand Rapids Market Report

$433,229

AVERAGE PRICE OF 591 HOMES

$1,687,445

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$594,258

AVERAGE PRICE OF 51 NEWLY BUILT HOMES

$584,534

AVERAGE PRICE OF 43 HOMES WITH A POOL

$457,899

AVERAGE PRICE OF 18 REDUCED PRICE HOMES

Average Home

Average Price $433,229
Avg Bedrooms 2.52 beds
Avg Bathrooms 2.01 baths

Average Price by Bedrooms

1 bedroom $296,049
2 bedrooms $305,833
3 bedrooms $374,355
4 bedrooms $511,478
5 bedrooms $708,460
Grand Rapids Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 530 483 486 592 679
Average Price $445,843 $437,147 $429,467 $430,618 $428,201
Avg Price Change +1.99% +1.79% -0.27% +0.56% +0.68%
Median Price $326,861 $320,715 $309,230 $316,655 $314,803
Med Price Change +1.92% +3.71% -2.40% +0.59% +2.15%
Avg Bedrooms 2.52 beds 2.48 beds 2.39 beds 2.54 beds 2.6 beds
Avg Bathrooms 2.06 baths 2 baths 1.9 baths 1.97 baths 2.03 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 591 $433,229 66 days
Multi-Million Dollar Homes 29 $1,687,445 179 days
Newly Built Homes 51 $594,258 116 days
Homes with a Pool 43 $584,534 58 days
Reduced Price Homes 18 $457,899 51 days
Bellabay Realty Grand Rapids
4653 Plainfield Ave Suite A
Grand Rapids, MI 49525
616-719-1022

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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