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Featured local agent — Grand River, OH
Sarah Mitchell
Compass Real Estate · Grand River, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Grand River, OH Housing Market
The last median sale price Redfin published was $237,000, -3.3% year over year (through May 2026). With homes going under contract in about 38 days, Grand River is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $237,000 home is about $1,265/mo in principal and interest.
Key numbers for Grand River, OH
Median sale price
$237,000
-3.3% year over year
Redfin, through February 2026
Days on market
38
Average pace
Redfin, through February 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$76,488
Home costs 3.1x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.0%
Selling above asking
Redfin, through February 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Grand River a buyer's or seller's market?
Grand River, OH is a balanced market and homes selling in about 38 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Grand River housing market data show?
Every row below is Redfin's final published month for Grand River, OH. Redfin, through February 2026
| Metric | Value |
|---|---|
| Median sale price | $237,000 |
| Median list price | $145,000 |
| Year-over-year price change | -3.3% |
| Median price per sq ft | $202/sq ft |
| Median days on market | 38 days |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Grand River is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Grand River is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Grand River home prices moved?
Across the 25 months we hold for Grand River, OH, the median sale price rose 35.5%, from $174,900 in August 2021 to $237,000.
Redfin, through February 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Grand River?
Priced off the median sale price of $237,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $47,400 | $189,600 | $1,265/mo |
| 5% | $11,850 | $225,150 | $1,502/mo |
Redfin, through February 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,265, that implies roughly $54,224 a year before you add taxes and insurance. The median household in Grand River earns $76,488, about $22,264 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.1x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Grand River in the next 12 months?
Tell us your timeline. We send the Grand River market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Grand River?
Zillow does not publish a rent index (ZORI) for Grand River, OH, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Grand River?
Active listings in Grand River, OH went from 2 in April 2023 to 2 in October 2025, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| July 2023 | 2 | 1 |
| August 2023 | 1 | 1 |
| October 2023 | 2 | 1 |
| November 2023 | 2 | not published |
| January 2024 | 3 | 1 |
| April 2024 | 2 | not published |
| September 2024 | 3 | not published |
| February 2025 | 1 | 1 |
| March 2025 | 4 | 3 |
| July 2025 | 3 | 1 |
| August 2025 | 4 | 1 |
| October 2025 | 2 | not published |
Redfin, through October 2025
How does Grand River compare to Ohio and the U.S.?
Grand River homes sell for $237,000 — 16% below the Ohio median of $282,600. Against the national median of $410,700, Grand River runs 42% lower. Year-over-year, Grand River moved -3.3% against Ohio's +5.4% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Grand River, OH | $237,000 | -3.3% | 38 days |
| Ohio statewide | $282,600 | +5.4% | 36 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through February 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Grand River
What buyers should watch
- The gap between 5% and 20% down here is $237 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $237,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Grand River listing goes under contract in 38 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
- In the last published month Grand River added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside Grand River varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Grand River
Explore homes currently listed for sale in Grand River, Ohio across major real estate platforms.
How much do homes cost in Grand River by property type?
How the Grand River, OH market breaks down across single-family homes, condos and townhouses. Redfin, through February 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $237,000 | $202/sq ft | 1 | 38 days |
| Condo / co-op | $285,000 | $136/sq ft | 1 | 87 days |
Who lives in Grand River?
American Community Survey estimates for Grand River. U.S. Census ACS, 2023
Population
578
Households
261
Median income
$76,488/yr
Median age
51.8 years
Owner-occupied
84.3%
Median home value
$149,400
Median gross rent
$1,014/mo
Mean commute
17.1 min
84.3% of occupied homes in Grand River are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Grand River, OH?
Ordered by distance from Grand River, not by size. Compare Grand River side by side with any of them.
Grand River housing market FAQ
Is Grand River a buyer's or seller's market?
Grand River, OH is currently a balanced market based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Grand River?
The median sale price in the last month Redfin published was $237,000, about $202 per square foot.
Is Grand River cheaper than the rest of Ohio?
Grand River's median sale price of $237,000 is 16% lower than the Ohio statewide median of $282,600, and 42% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Grand River?
Homes in Grand River, OH spent a median of 38 days on market before going under contract, versus 36 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Grand River?
At the current 30-year fixed rate of 7.03%, 20% down on a $237,000 home is about $1,265 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $54,224 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $76,488.
Are home prices rising in Grand River?
Redfin's last published year-over-year change for Grand River, OH was -3.3%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Grand River?
Grand River ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Grand River?
That depends on your timeline, not on a headline. What the data says today: Grand River, OH is a balanced market, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $237,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.