Housing · Grand Rapids

Grand Rapids, MI housing market

Homes typically sell in 6 days, a little above asking.

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

Median sale price
$308K
May 2026 · Redfin
Days on market
6
Michigan: 24 days
Sale-to-list
102.9%
Homes sell above asking
Homes sold
208
in May · 244 for sale
Market temperature

A strong seller's market

Buyer's marketBalancedSeller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Next door

Grand Rapids and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Grand Rapids — — 6 $69,108
Walker $359K +5.2% 6 $76,360
Grand Rapids $307K +3.2% — $123,246
Wyoming $292K +3.5% 8 $73,677
East Grand Rapids $686K +7.7% 5 $166,610
Kentwood $334K +4% 8 $74,373
Affordability

3.5 years of income

The typical Grand Rapids home costs about 3.5 years of the town's median household income, about the same as across Michigan (3.7).

How Grand Rapids ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
54%
Michigan: 73.2%
Median tax bill
$2,493
Michigan: $2,904
Median rent
$1,266
Michigan: $1,129
Typical home built
1953
Michigan: 1972

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Grand Rapids

Michigan · MI
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01