If you need assistance, please call 616-881-9047

Grand Rapids

Why you'd want to live in Grand Rapids

Grand Rapids has an affinity for public art, and its craft brewery scene is one of the best in the nation. A scenic spot perched on the Grand River – Michigan's longest waterway – Grand Rapids has evolved from its 19th-century roots as a hub of furniture production to the modern-day metro area that is attracting college students and young families with its healthy job market, affordable housing and outdoor recreational activities. From the doctors and nurses working in the region's booming health care industry, to the strong LGBTQ community that hosts the much-feted annual Grand Rapids Pride event, to the numerous artists and musicians, the region is home to people from all walks of life. Grand Rapids' neighborhood associations are incredibly active, bringing the metro area's population together for community events such as the Eastown Street Fair, which draws people to the artsy neighborhood for food, music and more. Midwest friendliness is no exaggeration in Grand Rapids, which, despite being the second largest metro area in Michigan, exudes small-town warmth. Walk down almost any residential street in Grand Rapids, and you'll often be met with a wave and a "hello" from people caring for their lawns or hanging out on porches. via realestate.usnews.com

Grand Rapids Market Report

$423,447

AVERAGE PRICE OF 652 HOMES

$1,737,025

AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

$583,390

AVERAGE PRICE OF 49 NEWLY BUILT HOMES

$496,184

AVERAGE PRICE OF 44 HOMES WITH A POOL

$273,374

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price $423,447
Avg Bedrooms 2.39 beds
Avg Bathrooms 1.7 baths

Average Price by Bedrooms

1 bedroom $312,756
2 bedrooms $328,040
3 bedrooms $338,495
4 bedrooms $475,809
5 bedrooms $595,731
Grand Rapids Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 773 935 927 895 853
Average Price $420,952 $411,688 $413,144 $422,039 $415,214
Avg Price Change +2.25% -0.35% -2.15% +1.64% -3.75%
Median Price $320,807 $319,097 $317,808 $317,088 $319,255
Med Price Change +0.54% +0.41% +0.23% -0.68% -0.80%
Avg Bedrooms 2.47 beds 2.58 beds 2.64 beds 2.67 beds 2.66 beds
Avg Bathrooms 1.79 baths 1.86 baths 1.91 baths 1.95 baths 1.96 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Forest Hills Eastern 5 $452,740 34 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 652 $423,447 91 days
Multi-Million Dollar Homes 36 $1,737,025 156 days
Newly Built Homes 49 $583,390 157 days
Homes with a Pool 44 $496,184 78 days
Reduced Price Homes 16 $273,374 56 days
The Matthews Group | Keller Williams Grand Rapids East
Darryl Matthews
1555 Arboretum Dr SE
Grand Rapids, MI
616-881-9047

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.
Copyright 2025 MichRIC, LLC. All rights reserved.
This site powered by CINC: www.cincpro.com