Photo: Myotus · CC BY 4.0119 homes sold in Grand Rapids in the last year, at a typical $264K
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.
Every place Grand Rapids homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Grand Rapids.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 98% of Grand Rapids’ sales, at a typical $266K
119 homes sold in the year to May 2026.
typical sale · 117 sold in 12 months
- Per square foot
- $155MN $191
- Days to sell
- 58
- Sold over asking
- 33%
- Listings with a price cut
- 20%
Townhouses: 2 sold, typical $264K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2021, at 1.9 times the 2016 price
119 sales in the last year, against 242 in 2020 and a low of 128 in 2023. The typical sale went from $141K in 2016 to $264K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Grand Rapids
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.
Bidding wars in Grand Rapids are more common than before the pandemic, but 61% 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, 119 sales.
If you’re buying in Grand Rapids
- Shop in May. It brings about 24 new listings a month, close to the busiest month, with fewer bidding wars (24% over asking).
- You can negotiate. 20% of listings have cut their price, against 11% before the pandemic.
- Expect to bid over asking. Buyers paid 102.1% of the list price on average; 34% paid over.
- You’ll usually have time. Only 44% of homes go under contract within two weeks; the typical one takes 58 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 24 a month), but June is the most competitive: 30% of June sales close over asking. February has the least competition (11%) but only about 10 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Minnesota as a whole
| Grand Rapids now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 34% | 15% | 36% | 33% |
| Gone within two weeksShare of homes under contract within 14 days | 44% | 6% | 46% | 42% |
| Listings with a price cutShare of homes for sale that cut their price | 20% | 11% | 16% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 102.1% | 96.2% | 99.2% | 99.2% |
| Days to sellMedian days from listing to contract | 58 | 86 | 43 | 35 |
28 homes for sale on a typical day
That’s 1.6 times the 2023 low (17), 61% fewer than in 2017–19 and well under 2013’s 94.
1 in 5 listings has cut its price
20% in the last year, against 11% in 2017–19 and 28% across Minnesota. More sellers are pricing high and coming down.
Grand Rapids ranks 66th of 144 busy Minnesota markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Grand Rapids is in the middle of the pack.
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.
Owning the typical Grand Rapids home costs about $1,633 a month
Price: Grand Rapids’ typical sale, last 12 months. Property tax at Grand Rapids’ 1.2% (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.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $264K home, about $3,070 a year.
Taxes vs. neighborsSchools
The schools grade for Grand Rapids, from test results, graduation and how much students grow.
Schools in Grand RapidsTypical commute
The average one-way trip to work for people who live in Grand Rapids.
Work & commuteCheck 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 hazardsLook 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.
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, MN?
119 homes sold in the year to May 2026 at a typical $264K, $155 a square foot.
Is Grand Rapids a buyer’s or seller’s market?
A seller’s market: 28 homes were for sale in May 2026 and 10 sold, about 2.8 months of supply. Buyers paid 102.1% of asking on average, and 20% of listings cut their price.
When is the best time to buy in Grand Rapids?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Grand Rapids?
About 1.2% of a home’s value a year. On a $264K home that’s near $3,070.
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).