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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

$409,146

AVERAGE PRICE OF 1,845 HOMES

$1,694,578

AVERAGE PRICE OF 76 MULTI-MILLION DOLLAR HOMES

$657,857

AVERAGE PRICE OF 94 NEWLY BUILT HOMES

$622,445

AVERAGE PRICE OF 99 HOMES WITH A POOL

$366,584

AVERAGE PRICE OF 135 REDUCED PRICE HOMES

$242,666

AVERAGE PRICE OF 3 DISTRESSED HOMES

Average Home

Average Price $409,146
Avg Bedrooms 2.64 beds
Avg Bathrooms 1.88 baths

Average Price by Bedrooms

1 bedroom $301,956
2 bedrooms $305,053
3 bedrooms $365,160
4 bedrooms $451,494
5 bedrooms $621,028
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
Grandville 5 $449,940 45 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,845 $409,146 51 days
Multi-Million Dollar Homes 76 $1,694,578 96 days
Newly Built Homes 94 $657,857 99 days
Homes with a Pool 99 $622,445 52 days
Reduced Price Homes 135 $366,584 41 days
Distressed Homes 3 $242,666 77 days
Real Estate For A CAUSE
8200 South Saginaw Street, Suite 200
Grand Blanc, MI 48439
810-344-7275

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