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Grand Rapids Metro Home Prices and Home Values

Zillow Home Value Index
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Zillow Home Value Index
Mid-point of Zestimate valuations for Grand Rapids Metro. Half the Zestimates are above this number and half are below it.
Median list price ($)
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Median list price ($)
Mid-point of the list price for homes listed on Zillow in Grand Rapids Metro, or the asking price.
Median sale price ($)
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Median sale price ($)
Mid-point of the price homes have sold for in Grand Rapids Metro. Half the homes sold above this number and half sold below.
Median rent list price ($)
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Median rent list price ($)
Mid-point of the rental price for homes listed for rent on Zillow in the Grand Rapids Metro. Half the homes have rent prices above this number and half are below.
Total homes sold
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Total homes sold
Total number of homes sold in Grand Rapids Metro during the prior 30 days.
Median value per sq. ft. ($)
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Median value per sq. ft. ($)
Mid-point of the value of all homes in Grand Rapids Metro, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
Median list price per sq. ft. ($)
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Median list price per sq. ft. ($)
Mid-point of Grand Rapids Metros list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
Median sale price per sq. ft. ($)
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Median sale price per sq. ft. ($)
Mid-point of Grand Rapids Metros sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
Median rent list price per sq. ft. ($)
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Median rent list price per sq. ft. ($)
Mid-point of Grand Rapids Metros rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
Median sale-to-list price ratio
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Median sale-to-list price ratio
Mid-point of the ratio between the sale price and the list price for all homes in Grand Rapids Metro (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
Listings with price cut (%)
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Listings with price cut (%)
The percentage of current listings on Zillow in Grand Rapids Metro whose price has been reduced in the last 30 days.
Median price cut (%)
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Median price cut (%)
The mid-point of the percentage of price reduction for homes in Grand Rapids Metro whose prices have been reduced in the past full month.
Sold for loss (%)
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Sold for loss (%)
The percentage of homes in Grand Rapids Metro that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
Sold for gain (%)
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Sold for gain (%)
The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
Homes foreclosed
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Homes foreclosed
The number of homes in the Grand Rapids Metro per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
Foreclosure re-sales (%)
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Foreclosure re-sales (%)
The percentage of home sales in a given month in Grand Rapids Metro where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
Increasing values (%)
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Increasing values (%)
The percentage of homes in Grand Rapids Metro whose values have increased in the past year.
Decreasing values (%)
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Decreasing values (%)
The percentage of all homes in Grand Rapids Metro whose value has fallen in the last year.
Sold in past year (%)
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Sold in past year (%)
The percentage of all homes in Grand Rapids Metro that were sold in the past 12 months.

4.15%
-9.5%Y-o-Y

Calculated 02/01/2012^*
^*Includes data and transactions through 12/31/2011

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RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Dec 2011
394640	Grand Rapids Metro	-0.1%	-2.1%	-9.5%	4.15%
399106	Alpine Township	-6.1%	-3.1%	24.0%	2.63%
10322	Belding	5.8%	13.4%	-17.3%	3.15%
37438	Bitely
29872	Brohman
44395	Byron Center	5.4%	3.2%	-4.9%	4.98%
395992	Caledonia Township	0.6%	1.1%	-5.3%	4.21%
397945	Cascade Township	7.1%	-2.2%	3.4%	5.18%
35023	Casnovia
30805	Cedar Springs	1.9%	-1.8%	-9.6%	5.09%
28302	Clarksville	0.0%	25.0%	-28.6%	1.65%
51510	Comstock Park	-3.5%	-5.7%	-21.0%	3.82%
4287	Cutlerville	4.5%	-0.6%	19.9%	4.95%
48751	Delton	-7.4%	-17.6%	-31.8%	1.85%
51741	Dowling	-4.2%	-23.3%	-14.8%	2.25%
24491	East Grand Rapids	-0.5%	-5.2%	-7.6%	5.56%
31590	Forest Hills	6.7%	7.8%	12.7%	4.60%
4816	Freeport	-4.5%	-4.5%	5.0%	2.44%
38615	Fremont
397680	Gaines Township	-0.5%	1.5%	-9.0%	3.99%
398036	Grand Rapids Township	-0.1%	-2.7%	-11.3%	5.45%
52291	Grandville	0.0%	-6.2%	-10.4%	4.33%
18360	Grant
397471	Hastings Township	-9.2%	-12.6%	-30.2%	3.07%
23003	Hesperia
43401	Hickory Corners	-5.6%	-26.1%	-26.1%	1.74%
18644	Hubbardston
52641	Ionia	3.6%	9.1%	-19.1%	3.12%
52751	Kent City	-8.3%	-11.3%	-24.7%	3.24%
25383	Kentwood	1.5%	0.4%	-2.0%	5.79%
35495	Lake Odessa	5.0%	-2.3%	-41.7%	1.97%
395464	Lowell Township	-0.9%	-3.2%	-10.2%	4.20%
19145	Lyons	4.5%	15.0%	-4.2%	3.09%
19356	Middleville	-5.9%	-3.0%	9.4%	3.14%
42619	Muir
33032	Nashville	-11.3%	-17.9%	-31.2%	3.23%
39998	Newaygo
168163	Northview	-4.6%	0.0%	-15.3%	3.61%
53748	Orleans			-40.0%	2.35%
47079	Pewamo
397591	Plainfield Township	1.0%	-0.5%	3.6%	4.05%
49767	Portland	2.9%	25.0%	-4.1%	2.26%
54190	Rockford	1.0%	-2.4%	1.2%	4.69%
399285	Rutland Township	-8.0%	-2.1%	-11.5%	2.83%
6927	Sand Lake	-7.9%	-13.4%	-4.9%	2.45%
54318	Saranac	-7.3%	-9.5%	-17.4%	2.45%
395988	Sheridan Township
22920	Sparta	-4.3%	-1.1%	3.4%	6.93%
50009	Walker	-1.1%	0.4%	-8.6%	3.77%
42954	White Cloud
34898	Woodland	-20.0%	-20.0%	-7.7%	2.32%
14730	Wyoming	-0.1%	-2.3%	-15.9%	5.84%

Sold in past year (%)		Y-o-Y
Grand Rapids Metro	4.15%	-9.5%
Muskegon Metro	3.74%	-18.1%
Kalamazoo Metro	2.56%	-11.6%
Lansing Metro	2.47%	-25.8%
Battle Creek Metro	2.65%	-14.7%

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Grand Rapids Metro Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Median rent list price ($)

Total homes sold

Median value per sq. ft. ($)

Median list price per sq. ft. ($)

Median sale price per sq. ft. ($)

Median rent list price per sq. ft. ($)

Median sale-to-list price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)

Sold in past year (%)

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Grand Rapids Metro Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Median rent list price ($)

Total homes sold

Median value per sq. ft. ($)

Median list price per sq. ft. ($)

Median sale price per sq. ft. ($)

Median rent list price per sq. ft. ($)

Median sale-to-list price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)

Sold in past year (%)

This data is not available for Grand Rapids Metro.

E-mail successfully sent!Submission failed!

Compare Metros Near Grand Rapids Metro

Compare Mortgage Rates

Compare mortgage rates

Zillow Dueling Digs