MI · Metro #53

Grand Rapids - MI housing market

Current home values, days on market, and price-cut activity for the Grand Rapids - MI metro. Data refreshed from Zillow Research monthly.

Typical home value
$350,806
+4.9% vs. year ago
Median list price
$353,283
Days on market
11.0d
Listings w/ price cut
18.1%
Context

How to read this data

The typical home value ($350,806) is the Zillow Home Value Index for the Grand Rapids - MI metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 4.9% over the past year. In Grand Rapids - MI, that means a home worth $334,419 last year is now worth roughly $350,806.

Homes listed in Grand Rapids - MI sit on the market for roughly 11.0 days before going pending. Shorter = seller's market; longer = buyer's market.

About 18.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in MI

MetroHome value1-yr changeDays on market
Detroit - MI$262,840 +3.0% 23.0d
Lansing - MI$243,359 +3.5% 18.0d
Flint - MI$189,843 +6.7% 22.0d
Ann Arbor - MI$413,404 +2.3% 17.0d
Kalamazoo - MI$270,200 +4.1% 20.0d
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