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City / Town Overview

Grand Rapids, MI

Aggregate real estate market report across all ZIPs in scope
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The Grand Rapids, MI real estate market currently shows 996 active listings, with 518 pending sales. Homes are averaging 33.1 days on the market before going under contract.

Inventory has increased compared to last year, with 44 more homes available — giving buyers more choice.

Homes are selling faster, averaging 33.1 days on market compared to 34.3 days last year.

The median listing price has risen 2.6% year-over-year, from $380,597 to $390,432.

Whether you are buying or selling in Grand Rapids, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 378,331  ·  Density: 1,341.0/mi²  ·  Median household income: $71,236

Typical home value: $229,456  ·  Homeownership: 62.4%

Included Areas

Grand Rapids: 49501, 49502, 49503, 49504, 49505, 49506, 49507, 49508, 49510, 49512, 49514, 49515

Princeton Estates: 49560

Area Map

Market Overview

Active Listings
996
⇧ 4.6% vs 952 last year
Pending
518
52% pending ratio
Median Price
$390,432
⇧ 2.6% vs $380,597 last year
Average Price
$466,921
⇩ 3.4% vs $483,308 last year
Days on Market
33.1
⇩ 3.5% vs 34 days last year

Price Per Square Foot

Median $/sqft
$222
⇧ 4.2% vs $213/sqft last year
Median Home Size
1,767 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %