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What’s the Average Home Price in Grand Rapids Right Now?

  • Perigon Realty Group
  • Nov 19
  • 2 min read

If you’re watching the West Michigan market closely or planning your next move, one of the first numbers you’ll want to understand is the average home price in Grand Rapids. As of right now, the average sits at around $389,900 — a clear reflection of a strong, steady market that continues to draw buyers from across the region and beyond.


Grand Rapids Remains a High-Demand Market

Grand Rapids has earned its reputation as one of the most desirable places to live in the Midwest. Strong job growth, great school districts, vibrant neighborhoods, and a thriving local lifestyle continue to drive consistent demand. While home prices have leveled out from the rapid climbs of 2020–2022, the current average shows that values remain strong and continue to appreciate at a healthy, sustainable pace.


What This Means for Buyers

For buyers, the $389,900 average reinforces the importance of being prepared. Inventory is still limited in many neighborhoods, and the best homes continue to attract attention quickly. A solid pre-approval, clear budget, and a well-defined strategy help ensure you’re ready when the right home hits the market. The good news? Grand Rapids continues to offer exceptional value compared to many similar-sized metros, which is why so many first-time buyers, move-up buyers, and relocating families are choosing West Michigan.


This Means for Sellers

If you’re considering selling, the current market conditions remain in your favor. Low inventory keeps competition strong, and buyers are willing to pay premium prices for homes that are well-prepared, well-maintained, and properly marketed. Pricing strategy matters more than ever — and homes that hit the market clean, updated, and positioned correctly are still seeing excellent results.


Neighborhoods Matter

While the citywide average is helpful, pricing in Grand Rapids varies considerably from one neighborhood to the next. Areas like East Grand Rapids, Heritage Hill, Eastown, Alger Heights, Forest Hills, Ada, and Cascade all show different trends depending on demand, amenities, and school districts. Understanding these micro-markets is key to buying or selling confidently — which is where having a local, data-driven team behind you makes all the difference.


The Takeaway

With an average home price of $389,900, Grand Rapids remains a strong, stable, and opportunity-rich market. Whether you’re planning to buy, sell, invest, or simply keep an eye on your home’s value, staying informed about current pricing trends is essential. Our team helps clients every day navigate these numbers, apply them to their unique situation, and make smart decisions with confidence.



 
 
 

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