$45,000
224 S Kenbrook St SE
Grand Rapids, MI
2 bd1 ba705 sqft
Mobile home871 sqft lot
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Grand Rapids, MI Housing Market & Real Estate
Seller's market+4.2% YoY
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Grand Rapids, MI is $285,000, up 4.2% year-over-year. Homes sell in an average of 15 days with 186 active listings. The market is currently a seller's market.
$285,000median sale price
Is Grand Rapids a buyer's or seller's market?
Seller's market1.2 months of supply15 avg. days on market
Grand Rapids, MI is currently a seller's market, based on 1.2 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
152
Last 12 weeks
Days on market
15
Fast-moving
Active listings
186
1.2 months supply
Sale-to-list
99.6%
Below asking
Grand Rapids, MI market data
| Metric | Value |
|---|---|
| Median sale price | $285,000 |
| Median list price | $296,500 |
| Year-over-year price change | +4.2% |
| Average days on market | 15 days |
| Active inventory | 186 listings |
| Months of supply | 1.2 months |
| Sale-to-list price ratio | 99.6% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Grand Rapids housing market is currently classified as a seller's market with a median sale price of $285,000. Prices have risen 4.2% compared to last year, with homes spending an average of 15 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Grand Rapids
There are currently 186 homes listed for sale in Grand Rapids, Michigan. The median listing price is $297K. Featured listings range from $45,000 to $649,900.
$169,900
1332 Muskegon Ave NW
Grand Rapids, MI
4 bd2 ba1,783 sqft
House3,920 sqft lot
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$210,000
5951 Leisure South Dr SE
Grand Rapids, MI
2 bd2 ba1,452 sqft
Condo
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$224,900
1053 Watkins St SE
Grand Rapids, MI
4 bd1 ba1,154 sqft
House5,663 sqft lot
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$239,900
1214 Lafayette Ave SE
Grand Rapids, MI
4 bd2 ba1,750 sqft
House4,792 sqft lot
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$249,900
548 Adams St SE
Grand Rapids, MI
3 bd2 ba1,216 sqft
House5,663 sqft lot
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$259,900
1406 Houseman Ave NE
Grand Rapids, MI
3 bd2 ba1,280 sqft
House6,534 sqft lot
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$260,000
411 7th St NW
Grand Rapids, MI
4 bd2 ba
Multi-family2,178 sqft lot
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$275,000
727 Union Ave SE
Grand Rapids, MI
5 bd2 ba
Multi-family
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$289,900
4 Elmwood St NW
Grand Rapids, MI
4 bd1 ba1,105 sqft
House5,227 sqft lot
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$364,000
55 Benjamin Ave NE
Grand Rapids, MI
3 bd2 ba1,325 sqft
House3,920 sqft lot
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$649,900
244 Union Ave SE
Grand Rapids, MI
5 bd4 ba3,768 sqft
House6,534 sqft lot
More about this property
Looking to buy in Grand Rapids?
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Active listings
186
Homes on market
Median list price
$297K
Avg. days on market
15
Days until sale
New this week
150
Newly listed
Price drops:28.0%of listings
Sale-to-list:99.6%
Top public schools in Grand Rapids
50 schools tracked · 32,600 students
The largest public schools serving Grand Rapids, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
East Kentwood High School
Grades 10-12 · 2,087 students
PrepNet Virtual Academy
Grades K-12 · 1,136 students
Northern High School
Grades 9-12 · 1,109 students
Northview High School
Grades 9-12 · 1,060 students
Central High School
Grades 9-12 · 1,033 students
Union High School
Grades 9-12 · 939 students
City MiddleHigh
Grades 7-12 · 927 students
Kenowa Hills High School
Grades 9-12 · 886 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in MI
Frequently asked questions
What is the average home price in Grand Rapids?
The median home sale price in Grand Rapids is $285,000, up 4.2% from last year.
How long do homes stay on market in Grand Rapids?
Homes typically spend 15 days on market before going under contract.
Is Grand Rapids a buyer's or seller's market?
With 1.2 months of supply, Grand Rapids is currently a seller's market.
How many homes are for sale in Grand Rapids?
There are currently 186 homes listed for sale in Grand Rapids, MI.
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