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Princeton Estates

GRAND RAPIDS, MI 49508

Real Estate Market Report  ·  Kent County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
56
⇩ 3.4% vs 58 last year
Pending
36
64% pending ratio
Median Price
$349,900
⇧ 8.1% vs $323,700 last year
Average Price
$341,627
⇧ 7.5% vs $317,901 last year
Days on Market
57
⇧ 7.5% vs 53 days last year

Market Context

Population: 42,515  ·  Density: 1,394.1/mi²  ·  Median household income: $62,183

Typical home value: $224,941  ·  Homeownership: 59.1%

Market Analysis

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

The GRAND RAPIDS, MI real estate market (49508) currently shows 56 active listings, with 36 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 57 days on market compared to 53 days last year.

The median listing price has risen 8.1% year-over-year, from $323,700 to $349,900.

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: 56 this year vs 58 last year
  • Days on market: 57 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $349,900 (+8.1% YoY)
  • Average: $341,627 (+7.5% 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 — 689 listings ($294,592,923 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49508Grand Rapids, MI 495080.0 mi56$19,131,112$349,900$341,627
49509Wyoming, MI 495093.8 mi29$6,649,700$240,200$229,300
49507Grand Rapids, MI 495074.1 mi92$23,038,824$250,500$250,422
49519Wyoming, MI 495195.0 mi30$8,718,000$287,450$290,600
49503Grand Rapids, MI 495036.3 mi92$36,497,780$275,000$396,715
49418Grandville, MI 494187.4 mi72$37,329,912$445,000$518,471
49504Grand Rapids, MI 495048.4 mi74$26,408,158$299,000$356,867
49525Grand Rapids, MI 4952510.3 mi49$29,524,019$399,900$602,531
49534Grand Rapids, MI 4953410.6 mi35$16,709,595$467,135$477,417
49302Alto, MI 4930212.1 mi29$24,978,483$675,000$861,327
49348Wayland, MI 4934813.2 mi25$12,231,425$399,950$489,257
49426Hudsonville, MI 4942613.4 mi81$44,115,840$529,900$544,640
49321Comstock Park, MI 4932114.0 mi25$9,260,075$387,450$370,403

Frequently Asked Questions

How many homes are for sale in GRAND RAPIDS, MI 49508?

As of January 2026, there are 56 active listings in GRAND RAPIDS, MI (zip code 49508), compared to 58 the prior year.

What is the median home price in GRAND RAPIDS, MI 49508?

The median listing price in GRAND RAPIDS, MI 49508 is $349,900 as of January 2026, a 8.1% increase from $323,700 the prior year.

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

Homes in GRAND RAPIDS, MI 49508 spend an average of 57 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in GRAND RAPIDS, MI 49508?

Based on current inventory and days-on-market data as of January 2026, GRAND RAPIDS, MI 49508 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 57 days on market compared to 53 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 49508 save an estimated $6,998 compared to a typical 5% commission on the median listing price of $349,900. 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.