Market report, updated

Market Report

Search in the city of Grand Rapids

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Report prepared by Foundryrep.com Foundry Real Estate Partners, Inc

Market at a glance

Over the last 6 months, homes sold for 100.4% of list price in 22 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $387K Sold · $379K
$430K$400K$370K$340K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 440 sales in Jun. Last month: 274.

Where the market stands

All homes in this report, by status.

3,154homes
Active735 · 23%
Under contract324 · 10%
Sold (6 mo)2,095 · 66%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$438K
Under contract$398K
Sold$396K

Average days on market

Active89 days
Under contract41 days
Sold22 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 735
Average list price $438,150
Avg. days on market 89 days
Avg. price per ft² $218
Avg. living area 1,872 ft²
Avg. beds / baths 3.2 / 2.3

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

36 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 211 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

1 home didn’t report days on market and isn’t shown.

Bedroom mix

Number of homes by bedroom count.

143 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

144 Oakes Street SW Unit 1903$584
144 Oakes Street SW Unit 2203$523
4199 3 Mile Road NE$491
4477 Knapp Court NE$424
335 Bridge Street NW Unit 2507$381
927 Aberdeen Street NE$378
505 Cherry Street SE Unit 208$348

All active listings (735)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
122 Violet Street SWGrand Rapids, MI 49548 41960$219,000$2283 days
4477 Knapp Court NEGrand Rapids, MI 49525 553,900$1,655,000$4240 days
60 Elm Street SWGrand Rapids, MI 49507 21888$215,000$2420 days
110 Ann Street NEGrand Rapids, MI 49505 321,008$169,900$1680 days
770 Barnett Place NEGrand Rapids, MI 49503 321,435$299,900$2080 days
840 Alexander Street SEGrand Rapids, MI 49507 321,300$195,000$1500 days
1878 Watermark Drive SEGrand Rapids, MI 49546 489,984$2,595,000$2590 days
918 Logan Street SEGrand Rapids, MI 49506 421,525$229,000$1501 day
2638 Chatham Woods Drive SE Unit 5Grand Rapids, MI 49546 221,489$240,000$1613 days
2228 Wilson Avenue NWGrand Rapids, MI 49534 321,669$379,000$2271 day
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Questions about this market?

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