Grand Rapids

Community Overview

Affectionately known as Beer City, USA for its concentration of successful craft breweries, Grand Rapids has become one of the crown jewels, not only in the Midwest, but in all of the United States: Forbes ranked Grand Rapids as the #1 place to raise a family and the #1 Place to Invest, SmartAsset named Grand Rapids #1 for First Time Homebuyers, Trulia has called it the #1 Housing Market Poised for Growth, and it had the #1 hottest zip code in the country. Buyers of all ages have flocked to G.R., as it ranks high in both Millennial homeownership (#2) and as a retirement destination (#21). Grand Rapids is a research hub with a handful of colleges, top notch hospitals, and the Medical Mile on Michigan Street just northwest of downtown. With a vibrant downtown, lots of local flavor, a great housing market–all just a short car ride to Lake Michigan–it’s no wonder so many people are moving to Grand Rapids! As you’d expect with a metropolitan area, there are several great neighborhoods. Check them out.

Quick Facts

Data & Market

2020

2021

Number of sales

2,498

2,666

Percent of List Price Received

100.8%

101%

Median Sales Price

$190,000

$224,500

Average Sale Price

$201,623

$231,580

Median Days on Market

6

5

Average Days on Market

18

11

Lowest Sale Price

$40,000

$19,100

Highest Sale Price

$1,230,000

$859,900