Grand Rapids Real Estate Market
The median sale price for homes in Grand Rapids over the last 12 months is $75,024.
The median mortgage debt is $88,756.
Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).
By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
Some sales are not immediately available from public records. As they become available, the data are updated.
The number of active listings in Grand Rapids increased by 13.2% from the previous month.
The median number of days active properties have been listed is 33. This is significantly shorter than the national average.
The number of sales in February dropped by 56.3% from the previous month.
The percent of rental properties in Grand Rapids is 16.6% above the national average which is typical for urban areas.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
