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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

$438,266

AVERAGE PRICE OF 481 HOMES

$1,743,663

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$588,346

AVERAGE PRICE OF 51 NEWLY BUILT HOMES

$646,805

AVERAGE PRICE OF 34 HOMES WITH A POOL

$454,225

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $438,266
Avg Bedrooms 2.49 beds
Avg Bathrooms 2.03 baths

Average Price by Bedrooms

1 bedroom $305,355
2 bedrooms $325,254
3 bedrooms $361,431
4 bedrooms $486,784
5 bedrooms $777,010
Grand Rapids Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 486 592 679 714 674
Average Price $429,467 $430,618 $428,201 $425,328 $423,698
Avg Price Change -0.27% +0.56% +0.68% +0.38% -0.38%
Median Price $309,230 $316,655 $314,803 $308,175 $317,060
Med Price Change -2.40% +0.59% +2.15% -2.88% -0.67%
Avg Bedrooms 2.39 beds 2.54 beds 2.6 beds 2.57 beds 2.5 beds
Avg Bathrooms 1.9 baths 1.97 baths 2.03 baths 1.98 baths 1.91 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 481 $438,266 86 days
Multi-Million Dollar Homes 27 $1,743,663 208 days
Newly Built Homes 51 $588,346 97 days
Homes with a Pool 34 $646,805 85 days
Reduced Price Homes 12 $454,225 23 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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