Housing · Grand Rapids
Grand Rapids, MI housing market
The typical Grand Rapids home is worth about $307,000, up 3.2% in a year, 15% above the Michigan typical home.
Home values, sales, trends and how Grand Rapids compares with the towns next door — updated as new data is published.
The market right now
Grand Rapids at a glance
Typical home value
$307K
▲ 3.2% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
Grand RapidsMichigan
Show as a table
| January | Grand Rapids | Michigan |
|---|---|---|
| 2017 | $146,000 | $144,000 |
| 2018 | $163,000 | $155,000 |
| 2019 | $178,000 | $165,000 |
| 2020 | $191,000 | $175,000 |
| 2021 | $216,000 | $194,000 |
| 2022 | $246,000 | $217,000 |
| 2023 | $264,000 | $230,000 |
| 2024 | $284,000 | $241,000 |
| 2025 | $297,000 | $253,000 |
| 2026 | $305,000 | $262,000 |
| August 2026 | $307,000 | $266,000 |
Next door
Grand Rapids and its neighbors
The towns that share a border. Tap one to see its housing page.
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Grand Rapids | $307K | +3.2% | — | $123,246 |
| Grand Rapids | — | — | 6 | $69,108 |
| East Grand Rapids | $686K | +7.7% | 5 | $166,610 |
| Ada | $666K | +5.6% | — | $168,468 |
| Plainfield | $413K | +5.6% | — | $94,218 |
| Kentwood | $334K | +4% | 8 | $74,373 |
Affordability
2.5 years of income
The typical Grand Rapids home costs about 2.5 years of the town's median household income, less than across Michigan (3.7 years).
How Grand Rapids ranks on affordability →
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
85.1%
Michigan: 73.2%
Median tax bill
$4,173
Michigan: $2,904
Median rent
$1,839
Michigan: $1,129
Typical home built
1989
Michigan: 1972
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.