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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

$352,033

AVERAGE PRICE OF 717 HOMES

$168,999

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,500,431

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$674,695

AVERAGE PRICE OF 56 NEWLY BUILT HOMES

$547,064

AVERAGE PRICE OF 53 HOMES WITH A POOL

$327,210

AVERAGE PRICE OF 49 REDUCED PRICE HOMES

Average Home

Average Price $352,033
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $241,642
2 bedrooms $278,562
3 bedrooms $286,427
4 bedrooms $425,396
5 bedrooms $526,975
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 717 $352,033 46 days
Distressed Homes 2 $168,999 30 days
Multi-Million Dollar Homes 18 $1,500,431 63 days
Newly Built Homes 56 $674,695 70 days
Homes with a Pool 53 $547,064 45 days
Reduced Price Homes 49 $327,210 38 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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