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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

$428,919

AVERAGE PRICE OF 874 HOMES

$239,500

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,626,369

AVERAGE PRICE OF 48 MULTI-MILLION DOLLAR HOMES

$478,699

AVERAGE PRICE OF 76 NEWLY BUILT HOMES

$530,322

AVERAGE PRICE OF 18 HOMES WITH A POOL

$422,428

AVERAGE PRICE OF 38 REDUCED PRICE HOMES

Average Home

Average Price $428,919
Avg Bedrooms 2.52 beds
Avg Bathrooms 1.84 baths

Average Price by Bedrooms

1 bedroom $269,814
2 bedrooms $325,333
3 bedrooms $363,768
4 bedrooms $500,796
5 bedrooms $643,974
Grand Rapids Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 1,946 1,834 1,749 1,728 2,054
Average Price $419,410 $410,165 $415,134 $411,919 $409,816
Avg Price Change +2.25% -1.21% +0.78% +0.51% +2.13%
Median Price $309,206 $311,969 $314,386 $308,390 $314,178
Med Price Change -0.89% -0.77% +1.94% -1.88% +0.40%
Avg Bedrooms 2.88 beds 2.86 beds 2.74 beds 2.57 beds 2.44 beds
Avg Bathrooms 1.92 baths 1.77 baths 1.67 baths 1.67 baths 1.72 baths
Total Homes Average Price Avg Days on Site
All Homes 874 $428,919 54 days
Distressed Homes 4 $239,500 50 days
Multi-Million Dollar Homes 48 $1,626,369 104 days
Newly Built Homes 76 $478,699 79 days
Homes with a Pool 18 $530,322 114 days
Reduced Price Homes 38 $422,428 51 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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