Home Values
- - Zillow Home Value Index
  - List price ($)
  - Sale price ($)
  - Rent list price ($)
  - Zillow Rent Index
  - - Total homes sold
    - Value per sq. ft. ($)
    - List price / sq. ft. ($)
    - Sale price / sq. ft. ($)
    - Rent estimate / sq. ft. ($)
    - Rent list / sq. ft. ($)
    - Sale-to-list price ratio
    - Listings w/ price cut (%)
    - Amount of 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
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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.
Zillow Rent Index
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Zillow Rent Index
Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Grand Rapids Metro. Half the Rent Zestimates are above this number and half are below it.
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 $200 value/sq foot).
Median list price / sq. ft. ($)
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Median list price / 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 $200).
Median sale price / sq. ft. ($)
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Median sale price / 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 $200).
Rent estimate / sq. ft. ($)
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Rent estimate / sq. ft. ($)
Mid-point of the estimated monthly rent price of all homes in Grand Rapids Metro, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
Median rent list price / sq. ft. ($)
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Median rent list price / 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 (%)
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.

$115,400
8.5%Y-o-Y

Calculated 05/15/2013^*
^*Includes data and transactions through 04/30/2013

RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Apr 2013
394640	Grand Rapids Metro	0.5%	2.9%	8.5%	115400
399106	Alpine Township	0.6%	3.0%	11.0%	142100
10322	Belding
37438	Bitely
29872	Brohman
44395	Byron Center	1.1%	4.3%	12.8%	175300
395992	Caledonia Township	0.8%	3.1%	6.3%	189000
397945	Cascade Township	0.5%	1.0%	1.9%	219300
35023	Casnovia	0.2%	1.5%	5.0%	95000
30805	Cedar Springs	1.6%	5.8%	11.0%	117700
28302	Clarksville
51510	Comstock Park	0.1%	2.5%	14.8%	106000
4287	Cutlerville	0.2%	2.1%	7.0%	118300
48751	Delton
51741	Dowling
24491	East Grand Rapids	0.9%	3.2%	7.7%	254900
31590	Forest Hills	0.5%	2.7%	7.1%	252500
4816	Freeport
38615	Fremont
397680	Gaines Township	1.5%	5.1%	9.9%	165900
11671	Grand Rapids
398036	Grand Rapids Township	0.0%	2.9%	13.0%	98400
52291	Grandville	0.5%	1.9%	5.5%	140400
18360	Grant
397471	Hastings Township
23003	Hesperia
43401	Hickory Corners
18644	Hubbardston
52641	Ionia
52751	Kent City	0.6%	4.3%	6.4%	111100
25383	Kentwood	1.0%	4.2%	9.7%	113700
35495	Lake Odessa
395464	Lowell Township	0.9%	2.9%	10.5%	154100
19145	Lyons
19356	Middleville
42619	Muir
33032	Nashville
39998	Newaygo
168163	Northview	0.3%	1.2%	4.6%	118100
53748	Orleans
47079	Pewamo
397591	Plainfield Township	1.2%	4.3%	9.9%	164200
49767	Portland
54190	Rockford	1.1%	3.9%	10.7%	176200
399285	Rutland Township
6927	Sand Lake	-0.9%	-0.6%	3.2%	105600
54318	Saranac
395988	Sheridan Township
22920	Sparta	0.8%	4.6%	13.6%	88800
50009	Walker	0.9%	2.3%	9.4%	131300
42954	White Cloud
34898	Woodland
14730	Wyoming	0.6%	3.8%	12.9%	87400

Zillow Home Value Index		Y-o-Y
Grand Rapids Metro	$115,400	8.5%
Big Rapids Metro	$88,100	7.7%
Allegan Metro	$122,100	4.5%
Muskegon Metro	$75,200	5.0%
Kalamazoo Metro	$106,000	1.2%
Lansing Metro	$107,600	3.2%

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Grand Rapids Metro Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Zillow Rent Index

Median rent list price ($)

Total homes sold

Median value per sq. ft. ($)

Median list price / sq. ft. ($)

Median sale price / sq. ft. ($)

Rent estimate / sq. ft. ($)

Median rent list price / 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.

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