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Grand Rapids, MI Real Estate & Property Data

Grand Rapids Real Estate Market Trends
Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Grand Rapids, MI. ATTOM’s Grand Rapids real estate data is updated daily, and current market trends show that in Grand Rapids, MI a total of 5,502 residential properties have sold over the past year. With a median home price of $281,822 in Grand Rapids and a total of 19 foreclosures. Get detailed property data for Grand Rapids, MI instantly. ATTOM is your one-stop-shop for the Grand Rapids property reports and real estate data you need in Grand Rapids, MI.

Grand Rapids Real Estate Market Trends
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 107,143
Total Commercial Properties 9,972
Avg. Home Age (Single Family Home) 69 Years
Avg. Square Feet (Single Family Home) 1,555
Total 2024 Residential Sales (year-to-date) 644
% of Homes Seriously Underwater (Q2 2024) 0.91%
Total 2023 Residential Sales 5,183
% of Equity Rich Homes (Q2 2024) 49%
Effective 2023 Property Tax 0.84%
Total Foreclosure Filings (year-to-date) 49
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Grand Rapids, MI Real Estate Overview

There were 5,502 residential properties sold in the past year in Grand Rapids, MI. The median home value in Grand Rapids, MI is $303,000. There are a total of 107,143 residential properties in the Grand Rapids.

Median Sales Price i
$281,822
(Feb 2024)
+12.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $281,822
  • January '24 Jan '24 $281,250
  • December '23 Dec '23 $277,250
  • November '23 Nov '23 $289,900
  • October '23 Oct '23 $279,000
  • September '23 Sep '23 $285,000
  • August '23 Aug '23 $300,000
  • July '23 Jul '23 $295,000
  • June '23 Jun '23 $287,000
  • May '23 May '23 $290,000
  • April '23 Apr '23 $283,500
  • March '23 Mar '23 $267,000
Median Down Payment i
$23,875
(Feb 2024)
-2.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $23,875
  • January '24 Jan '24 $33,725
  • December '23 Dec '23 $27,450
  • November '23 Nov '23 $25,000
  • October '23 Oct '23 $36,750
  • September '23 Sep '23 $36,000
  • August '23 Aug '23 $34,887
  • July '23 Jul '23 $35,500
  • June '23 Jun '23 $25,830
  • May '23 May '23 $27,000
  • April '23 Apr '23 $30,000
  • March '23 Mar '23 $29,500
Number of Homes Sold i
294
(Feb 2024)
-7.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 294
  • January '24 Jan '24 350
  • December '23 Dec '23 433
  • November '23 Nov '23 389
  • October '23 Oct '23 451
  • September '23 Sep '23 500
  • August '23 Aug '23 511
  • July '23 Jul '23 487
  • June '23 Jun '23 521
  • May '23 May '23 467
  • April '23 Apr '23 358
  • March '23 Mar '23 424
Number of Purchase Loans i
214
(Feb 2024)
-16.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 214
  • January '24 Jan '24 269
  • December '23 Dec '23 324
  • November '23 Nov '23 316
  • October '23 Oct '23 340
  • September '23 Sep '23 407
  • August '23 Aug '23 431
  • July '23 Jul '23 407
  • June '23 Jun '23 420
  • May '23 May '23 382
  • April '23 Apr '23 304
  • March '23 Mar '23 345
Number of REFI Loans i
152
(Feb 2024)
-22.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 152
  • January '24 Jan '24 152
  • December '23 Dec '23 146
  • November '23 Nov '23 165
  • October '23 Oct '23 177
  • September '23 Sep '23 230
  • August '23 Aug '23 219
  • July '23 Jul '23 186
  • June '23 Jun '23 221
  • May '23 May '23 196
  • April '23 Apr '23 216
  • March '23 Mar '23 231
Number of HELOC Loans i
129
(Feb 2024)
+44.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 129
  • January '24 Jan '24 125
  • December '23 Dec '23 136
  • November '23 Nov '23 163
  • October '23 Oct '23 157
  • September '23 Sep '23 209
  • August '23 Aug '23 225
  • July '23 Jul '23 164
  • June '23 Jun '23 175
  • May '23 May '23 175
  • April '23 Apr '23 152
  • March '23 Mar '23 134

Grand Rapids, MI Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Grand Rapids, MI Foreclosure Activity

There were a total of 19 Grand Rapids, MI properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 19 Grand Rapids, MI properties and repossessed 2 Grand Rapids, MI properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
19
(Feb 2024)
-32.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 19
  • January '24 Jan '24 30
  • December '23 Dec '23 14
  • November '23 Nov '23 24
  • October '23 Oct '23 34
  • September '23 Sep '23 19
  • August '23 Aug '23 27
  • July '23 Jul '23 16
  • June '23 Jun '23 21
  • May '23 May '23 17
  • April '23 Apr '23 27
  • March '23 Mar '23 23
Foreclosure Starts i
19
(Feb 2024)
-32.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 19
  • January '24 Jan '24 30
  • December '23 Dec '23 14
  • November '23 Nov '23 24
  • October '23 Oct '23 34
  • September '23 Sep '23 19
  • August '23 Aug '23 27
  • July '23 Jul '23 16
  • June '23 Jun '23 21
  • May '23 May '23 17
  • April '23 Apr '23 27
  • March '23 Mar '23 23
Completed Foreclosures (REOs) i
2
(Feb 2024)
+100%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 2
  • January '24 Jan '24 3
  • December '23 Dec '23 3
  • November '23 Nov '23 1
  • October '23 Oct '23 3
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 3
  • March '23 Mar '23 1
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