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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

$385,896

AVERAGE PRICE OF 509 HOMES

$536,591

AVERAGE PRICE OF 24 DISTRESSED HOMES

$1,526,940

AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

$409,176

AVERAGE PRICE OF 53 NEWLY BUILT HOMES

$558,934

AVERAGE PRICE OF 35 HOMES WITH A POOL

$462,753

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $385,896
Avg Bedrooms 3.04 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $286,420
2 bedrooms $338,312
3 bedrooms $329,127
4 bedrooms $329,359
5 bedrooms $375,263
Grand Rapids Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 1,834 1,749 1,728 2,054 2,458
Average Price $410,165 $415,134 $411,919 $409,816 $401,257
Avg Price Change -1.21% +0.78% +0.51% +2.13% -0.37%
Median Price $311,969 $314,386 $308,390 $314,178 $312,928
Med Price Change -0.77% +1.94% -1.88% +0.40% +0.00%
Avg Bedrooms 2.86 beds 2.74 beds 2.57 beds 2.44 beds 2.56 beds
Avg Bathrooms 1.77 baths 1.67 baths 1.67 baths 1.72 baths 1.78 baths
Total Homes Average Price Avg Days on Site
All Homes 509 $385,896 58 days
Distressed Homes 24 $536,591 162 days
Multi-Million Dollar Homes 20 $1,526,940 126 days
Newly Built Homes 53 $409,176 95 days
Homes with a Pool 35 $558,934 128 days
Reduced Price Homes 15 $462,753 72 days
Real Estate For A CAUSE
8200 South Saginaw Street, Suite 200
Grand Blanc, MI 48439
810-344-7275

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