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GRAND RAPIDS, MI 49503

Real Estate Market Report  ·  Kent County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
92
⇧ 19.5% vs 77 last year
Pending
33
36% pending ratio
Median Price
$275,000
⇩ 21.1% vs $348,463 last year
Average Price
$396,715
⇩ 13% vs $455,738 last year
Days on Market
95
⇧ 53.2% vs 62 days last year

Market Context

Population: 37,471  ·  Density: 1,993.0/mi²  ·  Median household income: $58,165

Typical home value: $200,678  ·  Homeownership: 37.6%

Market Analysis

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

The GRAND RAPIDS, MI real estate market (49503) currently shows 92 active listings, with 33 pending sales. Homes are averaging 95 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 95 days on market compared to 62 days last year.

The median listing price has fallen 21.1% year-over-year, from $348,463 to $275,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 92 this year vs 77 last year
  • Days on market: 95 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $275,000 (-21.1% YoY)
  • Average: $396,715 (-13% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.0 miles — 640 listings ($312,154,542 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49503Grand Rapids, MI 495030.0 mi92$36,497,780$275,000$396,715
49506Grand Rapids, MI 495062.6 mi64$48,970,752$549,900$765,168
49504Grand Rapids, MI 495042.8 mi74$26,408,158$299,000$356,867
49525Grand Rapids, MI 495255.3 mi49$29,524,019$399,900$602,531
49508Grand Rapids, MI 495086.3 mi56$19,131,112$349,900$341,627
49534Grand Rapids, MI 495346.6 mi35$16,709,595$467,135$477,417
49544Grand Rapids, MI 495447.1 mi6$2,099,898$302,500$349,983
49512Grand Rapids, MI 495127.9 mi50$19,007,300$349,700$380,146
49306Belmont, MI 493068.8 mi13$7,691,229$548,999$591,633
49428Jenison, MI 494289.5 mi29$12,919,732$365,000$445,508
49315Byron Center, MI 4931511.8 mi75$43,666,500$539,015$582,220
49345Sparta, MI 4934513.4 mi24$11,490,576$534,900$478,774
49341Rockford, MI 4934114.0 mi73$38,037,891$502,681$521,067

Frequently Asked Questions

How many homes are for sale in GRAND RAPIDS, MI 49503?

As of January 2026, there are 92 active listings in GRAND RAPIDS, MI (zip code 49503), compared to 77 the prior year.

What is the median home price in GRAND RAPIDS, MI 49503?

The median listing price in GRAND RAPIDS, MI 49503 is $275,000 as of January 2026, a 21.1% decrease from $348,463 the prior year.

How long do homes stay on the market in GRAND RAPIDS, MI?

Homes in GRAND RAPIDS, MI 49503 spend an average of 95 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in GRAND RAPIDS, MI 49503?

Based on current inventory and days-on-market data as of January 2026, GRAND RAPIDS, MI 49503 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 95 days on market compared to 62 days last year.

How much can I save on real estate commission in GRAND RAPIDS, MI?

With SELL123.com's maximum 3% commission, sellers in GRAND RAPIDS, MI 49503 save an estimated $5,500 compared to a typical 5% commission on the median listing price of $275,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.