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Housing in Grand Rapids

2,356 homes sold in Grand Rapids in the last year, at a typical $294K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Grand Rapids homes are listed.

Homes sold
2,356
June 2025 to May 2026
Typical sale price
$294K
houses $296K · condos $287K
Price per square foot
$202
Michigan $172
Paid vs. asking
100.5%
42% sold over asking
For sale now
244
May 2026 · 208 sold that month
What sold · last 12 months

15% of Grand Rapids’ sales are condos, at $9K less than a house

1823 houses and 344 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$296K

typical sale · 1823 sold in 12 months

Per square foot
$202MI $172
Days to sell
10
Sold over asking
48%
Listings with a price cut
42%
Condos$287K

typical sale · 344 sold in 12 months

Per square foot
$239MI $190
Days to sell
29
Sold over asking
14%
Listings with a price cut
22%
Fewer sales

Multi-family (2–4 units): 189 sold, typical $304K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 2.3 times the 2016 price

2,356 sales in the last year, against 3,614 in 2016 and a low of 2,285 in 2024. The typical sale went from $129K in 2016 to $294K.

Homes soldTypical sale price
0912182527373650$100K$200K$300K$400K2012: 2431 sold, typical $74K’122013: 2676 sold, typical $95K2014: 2541 sold, typical $107K’142015: 3178 sold, typical $118K2016: 3614 sold, typical $129K’162017: 3333 sold, typical $144K2018: 3253 sold, typical $161K’182019: 3361 sold, typical $174K2020: 3278 sold, typical $191K’202021: 3426 sold, typical $225K2022: 2903 sold, typical $251K’222023: 2402 sold, typical $266K2024: 2285 sold, typical $282K’242025: 2437 sold, typical $289KLast 12 months: 2356 sold, typical $294KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Grand Rapids

Houseat $202 a sq ft
Condoat $239 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

Check a listing against what Grand Rapids homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Grand Rapids are back to pre-pandemic levels, but 18% fewer homes come up for sale

We read every month of Grand Rapids’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 2,356 sales.

If you’re buying in Grand Rapids

  • Shop in October. It brings about 291 new listings a month, close to the busiest month, with fewer bidding wars (42% over asking).
  • You can negotiate. 35% of listings have cut their price, against 31% before the pandemic.
  • Bid near asking. Buyers paid 100.5% of the list price on average; 42% paid over.
  • Move fast on good ones. 58% of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 353 a month), but May is the most competitive: 57% of May sales close over asking. September and October offer nearly as much choice with fewer homes bid up (47%). January has the least competition (35%) but only about 171 new listings.

New listings a monthShare sold over asking
088.8177.5266.335520%40%60%Sweet spotJan: 171 new listings a month, 35% sold over asking, 27 days to sellJFeb: 203 new listings a month, 40% sold over asking, 27 days to sellFMar: 275 new listings a month, 48% sold over asking, 18 days to sellMApr: 296 new listings a month, 54% sold over asking, 13 days to sellAMay: 346 new listings a month, 57% sold over asking, 12 days to sellMJun: 353 new listings a month, 56% sold over asking, 12 days to sellJJul: 327 new listings a month, 53% sold over asking, 12 days to sellJAug: 341 new listings a month, 51% sold over asking, 12 days to sellASep: 313 new listings a month, 47% sold over asking, 13 days to sellSOct: 291 new listings a month, 42% sold over asking, 13 days to sellONov: 208 new listings a month, 41% sold over asking, 13 days to sellNDec: 137 new listings a month, 37% sold over asking, 16 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Michigan

Grand Rapids now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price42%45%62%31%
Gone within two weeksShare of homes under contract within 14 days58%26%48%43%
Listings with a price cutShare of homes for sale that cut their price35%31%27%28%
Price paid vs. askingAverage sale price ÷ list price100.5%100.4%104.8%98.4%
Days to sellMedian days from listing to contract1211733
Supply

283 homes for sale on a typical day

That’s 1.9 times the 2023 low (153), 18% fewer than in 2017–19 and well under 2012’s 814.

2012: 814 for sale’122013: 751 for sale2014: 695 for sale2015: 708 for sale’152016: 405 for sale2017: 324 for sale2018: 334 for sale’182019: 382 for sale2020: 290 for sale2021: 208 for sale’212022: 188 for sale2023: 153 for sale2024: 230 for sale’242025: 292 for saleLast 12 months: 283 for saleNow
Room to negotiate

1 in 3 listings has cut its price

35% in the last year, against 31% in 2017–19 and 28% across Michigan.

2015: 9%’152016: 26%2017: 30%2018: 31%’182019: 32%2020: 26%2021: 27%’212022: 36%2023: 32%2024: 36%’242025: 34%Last 12 months: 35%Now
Prices by type

Since 2019, houses are up 72%, condos 37%

A house typically sold for $296K in the last year (1823 sales), a condo for $287K (344).

$100K$200K$300K$400K2013201520172019202120232025NowHouses 2013: $93K, 2109 salesHouses 2014: $104K, 2061 salesHouses 2015: $116K, 2509 salesHouses 2016: $126K, 2846 salesHouses 2017: $140K, 2624 salesHouses 2018: $157K, 2546 salesHouses 2019: $172K, 2667 salesHouses 2020: $189K, 2583 salesHouses 2021: $223K, 2687 salesHouses 2022: $248K, 2250 salesHouses 2023: $262K, 1897 salesHouses 2024: $281K, 1779 salesHouses 2025: $292K, 1895 salesHouses last 12 months: $296K, 1823 salesHouses $296KCondos 2013: $135K, 330 salesCondos 2014: $151K, 286 salesCondos 2015: $159K, 400 salesCondos 2016: $175K, 457 salesCondos 2017: $202K, 418 salesCondos 2018: $198K, 422 salesCondos 2019: $210K, 438 salesCondos 2020: $224K, 410 salesCondos 2021: $241K, 418 salesCondos 2022: $265K, 414 salesCondos 2023: $285K, 303 salesCondos 2024: $291K, 312 salesCondos 2025: $276K, 345 salesCondos last 12 months: $287K, 344 salesCondos $287K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Michigan

Grand Rapids ranks 27th of 194 busy Michigan markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Grand Rapids is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Grand Rapids home costs about $1,784 a month

Mortgage
Property tax
Insurance
Rent

Price: Grand Rapids’ typical sale, last 12 months. Property tax at Grand Rapids’ 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Grand Rapids is affordable on local pay is on Cost of living.

Before you buy in Grand Rapids

Six things worth knowing

353

New listings in June

The month with the most choice. December has the fewest, about 137.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $294K home, about $3,000 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Grand Rapids, from test results, graduation and how much students grow.

Schools in Grand Rapids
19 min

Typical commute

The average one-way trip to work for people who live in Grand Rapids.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Kentwood sells for less a square foot; East Grand Rapids for far more

The busier markets within 25 miles of Grand Rapids, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Grand Rapids2,356$294K$20242%12
Wyoming821$283K$20653%9
Kentwood600$338K$19433%17
Walker252$355K$23046%13
Northview194$341K$22042%10
East Grand Rapids152$738K$31228%22
Comstock Park76$310K$19849%10

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Grand Rapids, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Grand Rapids. People who follow the town see it, and so do people comparing Grand Rapids with their own town. No commission, no listing fee.

Questions about buying a home in Grand Rapids

What do homes sell for in Grand Rapids, MI?

2,356 homes sold in the year to May 2026 at a typical $294K, $202 a square foot. Houses sold for about $296K, condos for about $287K.

Is Grand Rapids a buyer’s or seller’s market?

A seller’s market: 244 homes were for sale in May 2026 and 208 sold, about 1.2 months of supply. Buyers paid 100.5% of asking on average, and 35% of listings cut their price.

When is the best time to buy in Grand Rapids?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Grand Rapids?

About 1% of a home’s value a year. On a $294K home that’s near $3,000.

Where can I see homes for sale in Grand Rapids?

Zillow, Redfin, Realtor.com and Homes.com all carry Grand Rapids’ MLS listings; the search links above open each one filtered to Grand Rapids.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).