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Grand Rapids

Why you'd want to live in Grand Rapids

Grand Rapids, Michigan, is a vibrant city known for its rich cultural scene and thriving arts community. Nestled along the Grand River, it boasts a blend of historic charm and modern innovation. The city is renowned for its craft breweries, earning it the nickname "Beer City USA," and its dynamic art scene is highlighted by institutions like the Frederik Meijer Gardens & Sculpture Park and the Grand Rapids Art Museum. With a strong emphasis on community and sustainability, Grand Rapids has also become a hub for green initiatives and urban revitalization. Its diverse neighborhoods, local festivals, and a growing culinary landscape make it a unique and inviting destination in the heart of the Midwest.

Grand Rapids Market Report

$416,016

AVERAGE PRICE OF 1,067 HOMES

$1,631,335

AVERAGE PRICE OF 56 MULTI-MILLION DOLLAR HOMES

$599,022

AVERAGE PRICE OF 81 NEWLY BUILT HOMES

$496,385

AVERAGE PRICE OF 84 HOMES WITH A POOL

$307,585

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

$556,980

AVERAGE PRICE OF 26 DISTRESSED HOMES

Average Home

Average Price $416,016
Avg Bedrooms 2.91 beds
Avg Bathrooms 1.72 baths

Average Price by Bedrooms

1 bedroom $299,858
2 bedrooms $337,782
3 bedrooms $344,719
4 bedrooms $387,487
5 bedrooms $447,191
Grand Rapids Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 1,728 2,054 2,458 2,419 2,346
Average Price $411,919 $409,816 $401,257 $402,723 $407,623
Avg Price Change +0.51% +2.13% -0.37% -1.22% +1.19%
Median Price $308,390 $314,178 $312,928 $312,917 $311,377
Med Price Change -1.88% +0.40% +0.00% +0.49% -0.45%
Avg Bedrooms 2.57 beds 2.44 beds 2.56 beds 2.64 beds 2.65 beds
Avg Bathrooms 1.67 baths 1.72 baths 1.78 baths 1.84 baths 1.86 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Forest Hills Eastern 5 $452,740 51 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,067 $416,016 83 days
Multi-Million Dollar Homes 56 $1,631,335 139 days
Newly Built Homes 81 $599,022 169 days
Homes with a Pool 84 $496,385 91 days
Reduced Price Homes 14 $307,585 54 days
Distressed Homes 26 $556,980 142 days
Real Estate For A CAUSE
8200 South Saginaw Street, Suite 200
Grand Blanc, MI 48439
810-344-7275

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