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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

$430,139

AVERAGE PRICE OF 809 HOMES

$1,726,678

AVERAGE PRICE OF 41 MULTI-MILLION DOLLAR HOMES

$624,130

AVERAGE PRICE OF 47 NEWLY BUILT HOMES

$545,278

AVERAGE PRICE OF 47 HOMES WITH A POOL

$412,328

AVERAGE PRICE OF 44 REDUCED PRICE HOMES

Average Home

Average Price $430,139
Avg Bedrooms 2.67 beds
Avg Bathrooms 2 baths

Average Price by Bedrooms

1 bedroom $299,247
2 bedrooms $292,743
3 bedrooms $355,144
4 bedrooms $469,656
5 bedrooms $816,979
Grand Rapids Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 754 694 590 530 483
Average Price $431,537 n/a n/a $445,843 $437,147
Avg Price Change n/a n/a n/a +1.99% +1.79%
Median Price $327,261 $326,681 $322,687 $326,861 $320,715
Med Price Change +0.18% +1.24% -1.29% +1.92% +3.71%
Avg Bedrooms 2.71 beds 2.64 beds 2.53 beds 2.52 beds 2.48 beds
Avg Bathrooms 2.06 baths 2.04 baths 2.02 baths 2.06 baths 2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Forest Hills Central 6 $686,450 52 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 809 $430,139 63 days
Multi-Million Dollar Homes 41 $1,726,678 138 days
Newly Built Homes 47 $624,130 134 days
Homes with a Pool 47 $545,278 52 days
Reduced Price Homes 44 $412,328 27 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.
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