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Matt Arnett
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Grand Rapids Market Report

$1,645,252

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$619,806

AVERAGE PRICE OF 51 NEWLY BUILT HOMES

$519,236

AVERAGE PRICE OF 44 HOMES WITH A POOL

$451,720

AVERAGE PRICE OF 34 REDUCED PRICE HOMES

Average Home

Average Price n/a
Avg Bedrooms 2.67 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $304,107
2 bedrooms $304,612
3 bedrooms $367,761
4 bedrooms $454,988
5 bedrooms n/a
Grand Rapids Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 590 530 483 486 592
Average Price n/a $445,843 $437,147 $429,467 $430,618
Avg Price Change n/a +1.99% +1.79% -0.27% +0.56%
Median Price $322,687 $326,861 $320,715 $309,230 $316,655
Med Price Change -1.29% +1.92% +3.71% -2.40% +0.59%
Avg Bedrooms 2.53 beds 2.52 beds 2.48 beds 2.39 beds 2.54 beds
Avg Bathrooms 2.02 baths 2.06 baths 2 baths 1.9 baths 1.97 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Forest Hills Central 5 $797,580 21 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 726 n/a 58 days
Multi-Million Dollar Homes 31 $1,645,252 166 days
Newly Built Homes 51 $619,806 114 days
Homes with a Pool 44 $519,236 54 days
Reduced Price Homes 34 $451,720 33 days