June 15, 2024 3:26 pm
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Local News

A Quick Look Into Home Prices in Grand Rapids

Credit: iStock

The housing market in Grand Rapids has stabilized so far in 2022. The market in the region is catching up with demand, and these trends are reflected in housing prices.

According to Redfin.com, In March 2022, Grand Rapids home prices were down 7.8% compared to last year, selling for a median price of $110K. 

On average, homes in Grand Rapids sell after 29 days on the market compared to 32 days last year. There were 201 homes sold in March this year, down from 212 last year.