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Grand Rapids

Why you'd want to live in Grand Rapids

Grand Rapids has an affinity for public art, and its craft brewery scene is one of the best in the nation. A scenic spot perched on the Grand River – Michigan's longest waterway – Grand Rapids has evolved from its 19th-century roots as a hub of furniture production to the modern-day metro area that is attracting college students and young families with its healthy job market, affordable housing and outdoor recreational activities. From the doctors and nurses working in the region's booming health care industry to the strong LGBTQ community that hosts the much-feted annual Grand Rapids Pride event to the numerous artists and musicians, the region is home to people from all walks of life. Grand Rapids' neighborhood associations are incredibly active, bringing the metro area's population together for community events such as the Eastown Street Fair, which draws people to the artsy neighborhood for food, music and more. Midwest friendliness is no exaggeration in Grand Rapids, which, despite being the second-largest metro area in Michigan, exudes small-town warmth. Walk down almost any residential street in Grand Rapids, and you'll often be met with a wave and a "hello" from people caring for their lawns or hanging out on porches. via realestate.usnews.com

Grand Rapids Market Report

$440,806

AVERAGE PRICE OF 507 HOMES

$1,777,961

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$575,423

AVERAGE PRICE OF 51 NEWLY BUILT HOMES

$700,839

AVERAGE PRICE OF 33 HOMES WITH A POOL

$530,146

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $440,806
Avg Bedrooms 2.5 beds
Avg Bathrooms 2.05 baths

Average Price by Bedrooms

1 bedroom $303,522
2 bedrooms $322,421
3 bedrooms $354,132
4 bedrooms $484,042
5 bedrooms $785,595
Grand Rapids Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 483 486 592 679 714
Average Price $437,147 $429,467 $430,618 $428,201 $425,328
Avg Price Change +1.79% -0.27% +0.56% +0.68% +0.38%
Median Price $320,715 $309,230 $316,655 $314,803 $308,175
Med Price Change +3.71% -2.40% +0.59% +2.15% -2.88%
Avg Bedrooms 2.48 beds 2.39 beds 2.54 beds 2.6 beds 2.57 beds
Avg Bathrooms 2 baths 1.9 baths 1.97 baths 2.03 baths 1.98 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 507 $440,806 82 days
Multi-Million Dollar Homes 28 $1,777,961 203 days
Newly Built Homes 51 $575,423 98 days
Homes with a Pool 33 $700,839 83 days
Reduced Price Homes 17 $530,146 54 days
Bellabay Realty
Joel Horst
1685 68th St SE
Caledonia, MI 49316
616-287-2852

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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