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Grand Rapids

Why you'd want to live in Grand Rapids

Thinking about moving to Grand Rapids? With affordable living, great outdoor recreation, a budding art scene, and excellent food and beer, Michigan’s second-largest city is a wonderful place to call home! If you’re looking for big city amenities with small town affordability and charm, look no further than Grand Rapids, one of the most affordable cities in the country! The city is also among the best places for careers with top employers like manufacturers Steelcase and Herman Miller, both of which helped Grand Rapids earn the nickname “Furniture City.” But there’s more than just furniture manufacturing! Healthcare network Spectrum Health ranks not only as Grand Rapids’ top employer, but also as the largest in Western Michigan. Grocery chain Meijer and product maker Amway are also headquartered in the area and rank among the city’s top ten employers! via extraspace.com

Grand Rapids Market Report

$356,943

AVERAGE PRICE OF 603 HOMES

$168,999

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,500,375

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$693,079

AVERAGE PRICE OF 47 NEWLY BUILT HOMES

$548,866

AVERAGE PRICE OF 45 HOMES WITH A POOL

$394,087

AVERAGE PRICE OF 32 REDUCED PRICE HOMES

Average Home

Average Price $356,943
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $261,930
2 bedrooms $262,994
3 bedrooms $295,325
4 bedrooms $438,625
5 bedrooms $515,137
Grand Rapids Home Price Trends
  8/2022 7/2022 6/2022 5/2022 4/2022
Total Listings 660 675 n/a n/a n/a
Average Price $357,629 $359,039 n/a n/a n/a
Avg Price Change -0.39% n/a n/a n/a n/a
Median Price $286,311 $289,930 n/a n/a n/a
Med Price Change -1.26% n/a n/a n/a n/a
Avg Bedrooms 3.27 beds 3.25 beds n/a n/a n/a
Avg Bathrooms 2.31 baths 2.31 baths n/a n/a n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 603 $356,943 46 days
Distressed Homes 2 $168,999 26 days
Multi-Million Dollar Homes 18 $1,500,375 73 days
Newly Built Homes 47 $693,079 69 days
Homes with a Pool 45 $548,866 39 days
Reduced Price Homes 32 $394,087 35 days
Bellabay Realty - The Hoffman Team
Alexia Hoffman
103 S Main St
Clarksville, MI 48815
616-755-8490

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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