Grand Rapids Market Report

$358,088

AVERAGE PRICE OF 724 HOMES

$1,558,706

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$655,608

AVERAGE PRICE OF 57 NEWLY BUILT HOMES

$410,836

AVERAGE PRICE OF 44 HOMES WITH A POOL

$355,680

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $358,088
Avg Bedrooms 2.66 beds
Avg Bathrooms 1.93 baths

Average Price by Bedrooms

1 bedroom $218,016
2 bedrooms $297,629
3 bedrooms $292,657
4 bedrooms $391,482
5 bedrooms $597,668
Grand Rapids Home Price Trends
  10/2022 9/2022 8/2022 7/2022 6/2022
Total Listings 836 834 820 833 n/a
Average Price $360,608 $361,051 $363,880 $361,251 n/a
Avg Price Change -0.12% -0.78% +0.73% n/a n/a
Median Price $269,986 $273,121 $281,983 $280,000 n/a
Med Price Change -1.16% -3.24% +0.71% n/a n/a
Avg Bedrooms 2.7 beds 2.72 beds 2.77 beds 2.75 beds n/a
Avg Bathrooms 1.94 baths 1.96 baths 2 baths 1.98 baths n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 724 $358,088 56 days
Multi-Million Dollar Homes 25 $1,558,706 99 days
Newly Built Homes 57 $655,608 88 days
Homes with a Pool 44 $410,836 48 days
Reduced Price Homes 20 $355,680 42 days
Bellabay Realty
1685 68th St SE
Caledonia, MI 49316

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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