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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

$385,780

AVERAGE PRICE OF 539 HOMES

$1,636,192

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$662,954

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$426,367

AVERAGE PRICE OF 19 HOMES WITH A POOL

$333,871

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $385,780
Avg Bedrooms 2.47 beds
Avg Bathrooms 1.81 baths

Average Price by Bedrooms

1 bedroom $305,420
2 bedrooms $278,346
3 bedrooms $320,010
4 bedrooms $436,087
5 bedrooms $567,199
Grand Rapids Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 524 553 645 766 836
Average Price $389,944 $372,869 $360,788 $363,693 $360,608
Avg Price Change +4.58% +3.35% -0.81% +0.86% -0.12%
Median Price $282,381 $275,691 $279,076 $274,908 $269,986
Med Price Change +2.43% -1.23% +1.52% +1.82% -1.16%
Avg Bedrooms 2.43 beds 2.51 beds 2.62 beds 2.69 beds 2.7 beds
Avg Bathrooms 1.77 baths 1.85 baths 1.92 baths 1.96 baths 1.94 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 539 $385,780 66 days
Multi-Million Dollar Homes 25 $1,636,192 145 days
Newly Built Homes 43 $662,954 120 days
Homes with a Pool 19 $426,367 60 days
Reduced Price Homes 7 $333,871 72 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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