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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

$441,944

AVERAGE PRICE OF 501 HOMES

$1,777,961

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$575,423

AVERAGE PRICE OF 51 NEWLY BUILT HOMES

$700,081

AVERAGE PRICE OF 33 HOMES WITH A POOL

$531,911

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $441,944
Avg Bedrooms 2.49 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

1 bedroom $300,744
2 bedrooms $325,009
3 bedrooms $353,889
4 bedrooms $484,719
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 501 $441,944 84 days
Multi-Million Dollar Homes 28 $1,777,961 205 days
Newly Built Homes 51 $575,423 100 days
Homes with a Pool 33 $700,081 85 days
Reduced Price Homes 17 $531,911 58 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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