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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

$414,265

AVERAGE PRICE OF 918 HOMES

$1,671,140

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$656,269

AVERAGE PRICE OF 45 NEWLY BUILT HOMES

$613,436

AVERAGE PRICE OF 47 HOMES WITH A POOL

$306,989

AVERAGE PRICE OF 58 REDUCED PRICE HOMES

Average Home

Average Price $414,265
Avg Bedrooms 2.63 beds
Avg Bathrooms 1.92 baths

Average Price by Bedrooms

1 bedroom $304,545
2 bedrooms $310,667
3 bedrooms $362,797
4 bedrooms $459,590
5 bedrooms $595,450
Grand Rapids Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 2,346 2,221 2,077 1,998 1,144
Average Price $407,623 $402,849 $416,019 $417,041 $371,087
Avg Price Change +1.19% -3.27% -0.25% +12.38% n/a
Median Price $311,377 $312,765 $316,394 $319,437 $315,526
Med Price Change -0.45% -1.16% -0.96% +1.24% -2.27%
Avg Bedrooms 2.65 beds 2.65 beds 2.63 beds 2.68 beds 2.59 beds
Avg Bathrooms 1.86 baths 1.89 baths 1.91 baths 1.96 baths 1.96 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Union High School 5 $235,940 27 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 918 $414,265 61 days
Multi-Million Dollar Homes 43 $1,671,140 139 days
Newly Built Homes 45 $656,269 127 days
Homes with a Pool 47 $613,436 60 days
Reduced Price Homes 58 $306,989 42 days
Real Estate For A CAUSE
8200 South Saginaw Street, Suite 200
Grand Blanc, MI 48439
810-344-7275

Fair Housing/Equal Opportunity
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