Home Values

Kent County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$138,100

  • 6.7% 1-year change
  • 2.0% 1-year forecast

The median home value in Kent County is $138,100. Kent County home values have gone up 6.7% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in Kent County is $91, which is lower than the Grand Rapids Metro average of $92. The median price of homes currently listed in Kent County is $149,000 while the median price of homes that sold is $148,670. The median rent price in Kent County is $945, which is higher than the Grand Rapids Metro median of $909.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Kent County is 3.2%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Kent County homeowners underwater on their mortgage is 15.2%, which is lower than Grand Rapids Metro at 16.3%.

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Relative ZHVI
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Kent County Market Overview

Data through Sep 30, 2014
  • $138,100 ZHVI
  • 2.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Sep 30, 2015)
  • $149,000 Median listing price
  • $148,670 Median sale price
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Kent County Market Health

Data through Sep 30, 2014
  • 6.8/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 83 Average days on Zillow (Aug 31, 2014)
  • 15.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Cities in Kent County

Name Median ZHVI
East Grand Rapids $304,800
Forest Hills $295,100
Grand Rapids Township $215,200
Name Median ZHVI
Rockford $205,500
Plainfield Township $181,100
Northview $141,200
Name Median ZHVI
Kentwood $131,300
Comstock Park $126,800
Grand Rapids $100,400

Listings & Sales

Data through Sep 30, 2014
  • $91 Median list price / sq ft
  • $89 Median sale price / sq ft
  • 40.7% Listings with price cut
17.3%
Sold below listing
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Kent County Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,202 Kent County
    $1,137 Grand Rapids Metro
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $945 Rent list price
  • $0.84 Rent list price / sq ft
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