Grand Rapids Market Report
$426,236
AVERAGE PRICE OF 1,010 HOMES$1,542,104
AVERAGE PRICE OF 56 MULTI-MILLION DOLLAR HOMES$463,062
AVERAGE PRICE OF 85 NEWLY BUILT HOMES$552,181
AVERAGE PRICE OF 54 HOMES WITH A POOL$397,119
AVERAGE PRICE OF 46 REDUCED PRICE HOMESAverage Home
| Average Price | $426,236 |
| Avg Bedrooms | 3.28 beds |
| Avg Bathrooms | 1.97 baths |
Average Price by Bedrooms
| 1 bedroom | $285,647 |
| 2 bedrooms | $319,988 |
| 3 bedrooms | $355,253 |
| 4 bedrooms | $472,534 |
| 5 bedrooms | $713,520 |
Grand Rapids Home Price Trends
| 5/2025 | 4/2025 | 3/2025 | 2/2025 | 1/2025 | |
|---|---|---|---|---|---|
| Total Listings | 923 | 748 | 703 | 667 | 655 |
| Average Price | $423,126 | $430,041 | $420,770 | $427,934 | $424,733 |
| Avg Price Change | -1.63% | +2.20% | -1.70% | +0.75% | +0.90% |
| Median Price | $316,500 | $312,692 | $317,264 | $319,226 | $313,120 |
| Med Price Change | +1.22% | -1.46% | -0.62% | +1.95% | -2.45% |
| Avg Bedrooms | 3.21 beds | 3.18 beds | 3.15 beds | 2.88 beds | 2.46 beds |
| Avg Bathrooms | 1.94 baths | 1.88 baths | 1.8 baths | 1.75 baths | 1.74 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Ottawa Hills High School | 35 | $222,634 | 40 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,010 | $426,236 | 60 days |
| Multi-Million Dollar Homes | 56 | $1,542,104 | 129 days |
| Newly Built Homes | 85 | $463,062 | 88 days |
| Homes with a Pool | 54 | $552,181 | 56 days |
| Reduced Price Homes | 46 | $397,119 | 47 days |
