Grand Rapids Market Report

$271,225

AVERAGE PRICE OF 970 HOMES

$131,788

AVERAGE PRICE OF 9 DISTRESSED HOMES

$1,425,790

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$427,897

AVERAGE PRICE OF 91 NEWLY BUILT HOMES

$436,513

AVERAGE PRICE OF 65 HOMES WITH A POOL

$253,959

AVERAGE PRICE OF 44 REDUCED PRICE HOMES

Average Home

Average Price $271,225
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $234,543
2 bedrooms $207,357
3 bedrooms $225,003
4 bedrooms $323,763
5 bedrooms $513,653
Grand Rapids Home Price Trends
  11/2019 10/2019 9/2019 8/2019 7/2019
Total Listings 1,082 1,173 1,147 1,129 1,034
Average Price $273,932 $274,780 $277,861 $279,502 $284,349
Avg Price Change -0.31% -1.12% -0.59% -1.73% +0.43%
Median Price $204,073 $208,103 $212,488 $216,256 $219,900
Med Price Change -1.97% -2.11% -1.77% -1.69% +4.73%
Avg Bedrooms 3.21 beds 3.23 beds 3.25 beds 3.27 beds 3.32 beds
Avg Bathrooms 2.26 baths 2.28 baths 2.31 baths 2.35 baths 2.4 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 970 $271,225 72 days
Distressed Homes 9 $131,788 71 days
Multi-Million Dollar Homes 19 $1,425,790 148 days
Newly Built Homes 91 $427,897 126 days
Homes with a Pool 65 $436,513 77 days
Reduced Price Homes 44 $253,959 59 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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