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GRAND RAPIDS, MI 49505

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

Market Overview

Active Listings
60
⇧ 5.3% vs 57 last year
Pending
34
57% pending ratio
Median Price
$332,450
⇧ 14.7% vs $289,900 last year
Average Price
$354,547
⇧ 11.9% vs $316,841 last year
Days on Market
51
⇧ 6.3% vs 48 days last year

Market Context

Population: 32,325  ·  Density: 1,425.4/mi²  ·  Median household income: $67,838

Typical home value: $202,292  ·  Homeownership: 63.4%

Market Analysis

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

The GRAND RAPIDS, MI real estate market (49505) currently shows 60 active listings, with 34 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 51 days on market compared to 48 days last year.

The median listing price has risen 14.7% year-over-year, from $289,900 to $332,450.

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: 60 this year vs 57 last year
  • Days on market: 51 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $332,450 (+14.7% YoY)
  • Average: $354,547 (+11.9% 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 14.6 miles — 589 listings ($283,150,611 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49505Grand Rapids, MI 495050.0 mi60$21,272,820$332,450$354,547
49525Grand Rapids, MI 495252.8 mi49$29,524,019$399,900$602,531
49506Grand Rapids, MI 495063.9 mi64$48,970,752$549,900$765,168
49321Comstock Park, MI 493215.7 mi25$9,260,075$387,450$370,403
49544Grand Rapids, MI 495446.2 mi6$2,099,898$302,500$349,983
49509Wyoming, MI 495097.5 mi29$6,649,700$240,200$229,300
49519Wyoming, MI 495198.0 mi30$8,718,000$287,450$290,600
49508Grand Rapids, MI 495088.6 mi56$19,131,112$349,900$341,627
49512Grand Rapids, MI 495129.2 mi50$19,007,300$349,700$380,146
49418Grandville, MI 4941810.8 mi72$37,329,912$445,000$518,471
49341Rockford, MI 4934111.4 mi73$38,037,891$502,681$521,067
49403Conklin, MI 4940314.2 mi3$1,082,700$360,900$360,900
49316Caledonia, MI 4931614.6 mi72$42,066,432$534,400$584,256

Frequently Asked Questions

How many homes are for sale in GRAND RAPIDS, MI 49505?

As of January 2026, there are 60 active listings in GRAND RAPIDS, MI (zip code 49505), compared to 57 the prior year.

What is the median home price in GRAND RAPIDS, MI 49505?

The median listing price in GRAND RAPIDS, MI 49505 is $332,450 as of January 2026, a 14.7% increase from $289,900 the prior year.

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

Homes in GRAND RAPIDS, MI 49505 spend an average of 51 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in GRAND RAPIDS, MI 49505?

Based on current inventory and days-on-market data as of January 2026, GRAND RAPIDS, MI 49505 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 51 days on market compared to 48 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 49505 save an estimated $6,649 compared to a typical 5% commission on the median listing price of $332,450. 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.