Grand Rapids 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. Half the Zestimates are above this number and half are below it.
  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in Grand Rapids, or the asking price.
  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in Grand Rapids. 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. 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. 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 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, 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 Rapidss 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 Rapidss 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, 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 Rapidss 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 (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 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 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 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
    Number of homes in Grand Rapids that have been foreclosed but not yet resold to a private party. Expressed as a ratio (foreclosed homes per 10,000 total homes). It does not include homes for which the foreclosure process has started but not yet finished.
  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in Grand Rapids 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 whose values have increased in the past year.
  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in Grand Rapids 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 that were sold in the past 12 months.
  • $100,300
  • 9.4%Y-o-Y
  • Calculated 07/18/2014*
  • *Includes data and transactions through 06/30/2014
 
 
 
 
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This data is not available for Grand Rapids.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Jun 2014
11671
1.4%
2.7%
9.4%
100300
269949
1.2%
1.8%
9.4%
103500
276190
272871
0.8%
-0.3%
2.2%
66100
269953
0.6%
2.2%
13.4%
104100
269955
269967
269973
1.3%
2.6%
9.7%
105400
269979
1.3%
3.8%
16.6%
123400
269981
0.4%
0.7%
9.7%
138000
269982
1.3%
1.7%
8.9%
131500
269993
0.5%
0.1%
7.8%
83900
269994
0.0%
0.8%
10.2%
139500
269995
3.0%
6.1%
12.4%
72600
270003
3.2%
12.1%
17.5%
197700
270004
1.1%
4.0%
15.9%
205100
273998
2.2%
5.4%
13.6%
87100
270011
1.3%
4.8%
11.6%
94500
274391
3.2%
5.9%
25.4%
60700
274511
0.2%
1.0%
10.8%
175200
270027
1.5%
4.0%
18.3%
104900
274541
1.6%
3.6%
12.8%
138800
274679
1.2%
2.1%
8.6%
123100
270040
1.1%
2.1%
11.9%
66800
270045
270054
0.3%
-0.2%
7.4%
175500
275240
3.3%
7.1%
14.3%
63200
270068
0.7%
1.3%
16.9%
72100
275427
2.0%
5.1%
23.0%
65700
270059
0.5%
0.9%
9.6%
94500
270060
270077
1.4%
2.6%
13.0%
81500
270082
0.8%
1.3%
7.5%
127700
 
Zillow Home Value IndexY-o-Y
Grand Rapids$100,3009.4%
East Grand Rapids$276,2005.5%
Wyoming$96,50010.0%
Grand Rapids Township$208,9006.1%
Comstock Park$122,6008.3%
Walker$145,4009.6%
Mortgage Rates
 
Homes for Sale
  1. 307 Fescue Dr SE # 23, Kentwood, MI Home For Sale
    307 Fescue Dr SE # 23, Kentwood, MI 49548

     For Sale: $36,995

    • Beds: 3
    • Sqft: 1456
    • Baths: 2.0
    • Lot: --
  2. 1353 Butterworth St SW, Grand Rapids, MI Home For Sale
    1353 Butterworth St SW, Grand Rapids, MI 49504

     For Sale: $69,900

    • Beds: 3
    • Sqft: 1198
    • Baths: 1.0
    • Lot: 4356
  3. 3035 Highgate Ave SW, Wyoming, MI Home For Sale
    3035 Highgate Ave SW, Wyoming, MI 49509

     For Sale: $74,900

    • Beds: 2
    • Sqft: 985
    • Baths: 1.0
    • Lot: 10558
Home Design Ideas and Photos