Melissa Homewood
616-541-4887

East Grand Rapids

East Grand Rapids Market Report

$663,873

AVERAGE PRICE OF 62 HOMES

$350,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,745,539

AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES

$1,495,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$764,725

AVERAGE PRICE OF 4 HOMES WITH A POOL

$334,500

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $663,873
Avg Bedrooms 3.79 beds
Avg Bathrooms 3.24 baths

Average Price by Bedrooms

1 bedroom $239,900
2 bedrooms $340,257
3 bedrooms $450,843
4 bedrooms $668,800
5 bedrooms $936,342
East Grand Rapids Home Price Trends
  9/2019 8/2019 7/2019 6/2019 5/2019
Total Listings 67 72 78 75 79
Average Price $637,899 $676,821 $695,971 $809,282 $786,288
Avg Price Change -6.10% -2.83% -16.28% +2.92% -7.48%
Median Price $495,546 $469,802 $485,500 $582,751 $547,067
Med Price Change +5.48% -3.34% -20.03% +6.52% +2.55%
Avg Bedrooms 3.75 beds 3.75 beds 3.82 beds 3.96 beds 3.91 beds
Avg Bathrooms 3.21 baths 3.17 baths 3.21 baths 3.47 baths 3.42 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 62 $663,873 86 days
Distressed Homes 1 $350,000 23 days
Multi-Million Dollar Homes 9 $1,745,539 100 days
Newly Built Homes 1 $1,495,000 63 days
Homes with a Pool 4 $764,725 181 days
Reduced Price Homes 2 $334,500 20 days
Homewood & Ives | Berkshire Hathaway HomeServices Michigan Real Estate
Melissa Homewood Amanda Ives
502 North Land Dr
Rockford, MI 49341
iveshomewoodhomes@gmail.com
;
Inlanta Mortgage
Brian Ferrick
Branch Manager
NMLS# 162262
Office: (616) 918-6564
Cell: (616) 485-1603
brianferrick@inlanta.com

Kelly Obenauf
Insurance Agent
Office: (616)-874-4000
Cell: (616)-874-4040
kobenauf@fbinsmi.com

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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