Grand Rapids Market Report
$421,995
AVERAGE PRICE OF 842 HOMES$1,722,698
AVERAGE PRICE OF 40 MULTI-MILLION DOLLAR HOMES$602,848
AVERAGE PRICE OF 51 NEWLY BUILT HOMES$496,876
AVERAGE PRICE OF 51 HOMES WITH A POOL$364,150
AVERAGE PRICE OF 40 REDUCED PRICE HOMESAverage Home
| Average Price | $421,995 |
| Avg Bedrooms | 2.5 beds |
| Avg Bathrooms | 1.82 baths |
Average Price by Bedrooms
| 1 bedroom | $301,560 |
| 2 bedrooms | $341,279 |
| 3 bedrooms | $352,416 |
| 4 bedrooms | $442,474 |
| 5 bedrooms | $610,031 |
Grand Rapids Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 935 | 927 | 895 | 853 | 808 |
| Average Price | $411,688 | $413,144 | $422,039 | $415,214 | $430,782 |
| Avg Price Change | -0.35% | -2.15% | +1.64% | -3.75% | -0.18% |
| Median Price | $319,097 | $317,808 | $317,088 | $319,255 | $321,800 |
| Med Price Change | +0.41% | +0.23% | -0.68% | -0.80% | -1.70% |
| Avg Bedrooms | 2.58 beds | 2.64 beds | 2.67 beds | 2.66 beds | 2.66 beds |
| Avg Bathrooms | 1.86 baths | 1.91 baths | 1.95 baths | 1.96 baths | 2 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Ottawa Hills High School | 6 | $310,783 | 41 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 842 | $421,995 | 73 days |
| Multi-Million Dollar Homes | 40 | $1,722,698 | 130 days |
| Newly Built Homes | 51 | $602,848 | 139 days |
| Homes with a Pool | 51 | $496,876 | 61 days |
| Reduced Price Homes | 40 | $364,150 | 52 days |
