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GRAND RAPIDS, MI 49548

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

Market Analysis

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

The GRAND RAPIDS, MI real estate market (49548) currently shows 60 active listings, with 38 pending sales. Homes are averaging 21 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 21 days on market compared to 33 days last year.

The median listing price has risen 12.6% year-over-year, from $219,750 to $247,500.

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: 34,615  ·  Density: 1,242.4/mi²  ·  Median household income: $58,593

Typical home value: $134,810  ·  Homeownership: 71.5%

Market Overview

Active Listings
60
⇧ 7.1% vs 56 last year
Pending
38
63% pending ratio
Median Price
$247,500
⇧ 12.6% vs $219,750 last year
Average Price
$241,751
⇧ 0.2% vs $241,328 last year
Days on Market
21
⇩ 36.4% vs 33 days last year

Price Per Square Foot

Median $/sqft
$199
⇧ 5.3% vs $189/sqft last year
Median Home Size
1,315 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 60 this year vs 56 last year
  • Days on market: 21 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $247,500 (+12.6% YoY)
  • Average: $241,751 (+0.2% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.3 miles — 577 listings ($289,961,279 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49548Grand Rapids, MI 495480.0 mi44$11,252,560$247,425$255,740
49509Wyoming, MI 495092.6 mi29$6,677,627$251,475$230,263
49507Grand Rapids, MI 495074.3 mi76$19,037,240$250,250$250,490
49506Grand Rapids, MI 495065.9 mi60$55,185,480$573,575$919,758
49315Byron Center, MI 493155.9 mi75$44,039,025$542,370$587,187
49316Caledonia, MI 493167.3 mi75$43,635,750$527,150$581,810
49504Grand Rapids, MI 495048.1 mi69$25,776,606$303,700$373,574
49428Jenison, MI 494289.5 mi38$17,383,252$418,675$457,454
49525Grand Rapids, MI 4952511.2 mi54$30,272,292$387,219$560,598
49323Dorr, MI 4932311.7 mi9$6,402,942$569,900$711,438
49544Grand Rapids, MI 4954412.9 mi6$2,167,998$299,000$361,333
49302Alto, MI 4930213.7 mi23$20,612,853$678,675$896,211
49321Comstock Park, MI 4932114.3 mi19$7,517,654$387,450$395,666

Frequently Asked Questions

How many homes are for sale in GRAND RAPIDS, MI 49548?

As of July 2026, there are 60 active listings in GRAND RAPIDS, MI (zip code 49548), compared to 56 the prior year.

What is the median home price in GRAND RAPIDS, MI 49548?

The median listing price in GRAND RAPIDS, MI 49548 is $247,500 as of July 2026, a 12.6% increase from $219,750 the prior year.

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

Homes in GRAND RAPIDS, MI 49548 spend an average of 21 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in GRAND RAPIDS, MI 49548?

Based on current inventory and days-on-market data as of July 2026, GRAND RAPIDS, MI 49548 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 21 days on market compared to 33 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 49548 save an estimated $4,950 compared to a typical 5% commission on the median listing price of $247,500. 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.