Grand Rapids, MI Real Estate & Property Data

Grand Rapids Real Estate Market Trends
Last Updated: September 06, 2025

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 5,655 residential properties have sold over the past year. With a median home price of $330,000 in Grand Rapids and a total of 15 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
Total Residential Properties 108,311
Total Commercial Properties 9,433
Avg. Home Age (Single Family Home) 70 Years
Avg. Square Feet (Single Family Home) 1,559
Total 2025 Residential Sales (year-to-date) 2,481
% of Homes Seriously Underwater (Q3 2025) 0.85%
Total 2024 Residential Sales 5,151
% of Equity Rich Homes (Q3 2025) 49.13%
Effective 2024 Property Tax 0.84%
Total Foreclosure Filings (year-to-date) 134
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Grand Rapids, MI Real Estate Overview

There were 5,655 residential properties sold in the past year in Grand Rapids, MI. The median home value in Grand Rapids, MI is $335,085. There are a total of 108,311 residential properties in the Grand Rapids.

Median Sales Price i
$330,000
(Jun 2025)
+3.1%
year-over-year
y-o-y
  • June '25 Jun '25 $330,000
  • May '25 May '25 $316,500
  • April '25 Apr '25 $315,000
  • March '25 Mar '25 $295,000
  • February '25 Feb '25 $289,450
  • January '25 Jan '25 $295,000
  • December '24 Dec '24 $290,000
  • November '24 Nov '24 $300,000
  • October '24 Oct '24 $285,500
  • September '24 Sep '24 $310,000
  • August '24 Aug '24 $300,000
  • July '24 Jul '24 $300,000
Median Down Payment i
$41,860
(Jun 2025)
+34.2%
year-over-year
y-o-y
  • June '25 Jun '25 $41,860
  • May '25 May '25 $31,550
  • April '25 Apr '25 $29,514
  • March '25 Mar '25 $30,000
  • February '25 Feb '25 $28,147
  • January '25 Jan '25 $24,087
  • December '24 Dec '24 $28,610
  • November '24 Nov '24 $30,900
  • October '24 Oct '24 $35,000
  • September '24 Sep '24 $29,495
  • August '24 Aug '24 $30,800
  • July '24 Jul '24 $29,250
Number of Homes Sold i
528
(Jun 2025)
+17.3%
year-over-year
y-o-y
  • June '25 Jun '25 528
  • May '25 May '25 484
  • April '25 Apr '25 449
  • March '25 Mar '25 381
  • February '25 Feb '25 317
  • January '25 Jan '25 322
  • December '24 Dec '24 455
  • November '24 Nov '24 362
  • October '24 Oct '24 526
  • September '24 Sep '24 451
  • August '24 Aug '24 428
  • July '24 Jul '24 502
Number of Purchase Loans i
456
(Jun 2025)
+23.6%
year-over-year
y-o-y
  • June '25 Jun '25 456
  • May '25 May '25 413
  • April '25 Apr '25 390
  • March '25 Mar '25 321
  • February '25 Feb '25 249
  • January '25 Jan '25 274
  • December '24 Dec '24 354
  • November '24 Nov '24 314
  • October '24 Oct '24 431
  • September '24 Sep '24 384
  • August '24 Aug '24 363
  • July '24 Jul '24 427
Number of REFI Loans i
199
(Jun 2025)
+31.8%
year-over-year
y-o-y
  • June '25 Jun '25 199
  • May '25 May '25 233
  • April '25 Apr '25 265
  • March '25 Mar '25 192
  • February '25 Feb '25 169
  • January '25 Jan '25 213
  • December '24 Dec '24 197
  • November '24 Nov '24 234
  • October '24 Oct '24 306
  • September '24 Sep '24 229
  • August '24 Aug '24 215
  • July '24 Jul '24 236
Number of HELOC Loans i
236
(Jun 2025)
+14.6%
year-over-year
y-o-y
  • June '25 Jun '25 236
  • May '25 May '25 215
  • April '25 Apr '25 254
  • March '25 Mar '25 216
  • February '25 Feb '25 151
  • January '25 Jan '25 161
  • December '24 Dec '24 170
  • November '24 Nov '24 173
  • October '24 Oct '24 207
  • September '24 Sep '24 191
  • August '24 Aug '24 215
  • July '24 Jul '24 227

Grand Rapids, MI Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Grand Rapids, MI Foreclosure Activity

There were a total of 15 Grand Rapids, MI properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 15 Grand Rapids, MI properties and repossessed 6 Grand Rapids, MI properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i
15
(Jun 2025)
-25%
year-over-year
y-o-y
  • June '25 Jun '25 15
  • May '25 May '25 19
  • April '25 Apr '25 27
  • March '25 Mar '25 24
  • February '25 Feb '25 25
  • January '25 Jan '25 24
  • December '24 Dec '24 26
  • November '24 Nov '24 22
  • October '24 Oct '24 23
  • September '24 Sep '24 27
  • August '24 Aug '24 12
  • July '24 Jul '24 30
Foreclosure Starts i
15
(Jun 2025)
-25%
year-over-year
y-o-y
  • June '25 Jun '25 15
  • May '25 May '25 19
  • April '25 Apr '25 27
  • March '25 Mar '25 24
  • February '25 Feb '25 25
  • January '25 Jan '25 24
  • December '24 Dec '24 26
  • November '24 Nov '24 22
  • October '24 Oct '24 23
  • September '24 Sep '24 27
  • August '24 Aug '24 12
  • July '24 Jul '24 30
Completed Foreclosures (REOs) i
6
(Jun 2025)
+20%
year-over-year
y-o-y
  • June '25 Jun '25 6
  • May '25 May '25 12
  • April '25 Apr '25 4
  • March '25 Mar '25 2
  • February '25 Feb '25 4
  • January '25 Jan '25 4
  • December '24 Dec '24 4
  • November '24 Nov '24 5
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 N/A
  • July '24 Jul '24 2
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