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Foreclosures in Grand Rapids, MI 49525

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Grand Rapids, MI Foreclosures

How much do homes sell for in Grand Rapids, MI?
The average home price is currently $375,660.
In Grand Rapids, MI, how many homes are available?
There are currently 18 active home listings available in Grand Rapids.
What’s the average rental cost in Grand Rapids, MI?
The average rental price in Grand Rapids is $1,734.
What is the most expensive home in Grand Rapids?
The most expensive home sold in Grand Rapids had a price of $17,190,854.
What is currently the cheapest priced home in Grand Rapids, MI?
The cheapest home for sale in Grand Rapids is priced at $14,641.

Living in Grand Rapids, MI

Grand Rapids, MI is a bustling mid-sized city offering a blend of cultural attractions, great dining, and a strong community spirit. Residents enjoy easy access to outdoor activities and a variety of amenities. With a robust public transportation system and a focus on sustainability, Grand Rapids is an excellent place for both young professionals and families.

Current Market Conditions in Grand Rapids, MI

Recent trends indicate a competitive real estate market in Grand Rapids, with a growing demand for housing driven by an influx of new residents and a flourishing job market. As the city continues to develop, property values have seen a steady increase, making it a strategic place for investment.

The rental market has also expanded, with higher rates of occupancy in both single-family and multi-family housing. Developers are responding to this demand with new constructions and renovated properties, particularly in urban areas close to the downtown area.

Home Value Estimator For Grand Rapids, MI

There are currently 94,571 real estate properties in Grand Rapids, MI, with a median automated valuation model (AVM) price of $319,073.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grand Rapids, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Grand Rapids, MI, is $375,660.00, with the most expensive house in Grand Rapids, MI, topping out at $17,190,854.00 and the cheapest home in Grand Rapids, MI, clocking in at $14,641.00. In other words, there’s something for every potential homebuyer or savvy investor in Grand Rapids, MI!

Rent Prices In Grand Rapids, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grand Rapids, MI, is on a rollercoaster ride. The average rent price in Grand Rapids, MI, is $1,734.00. Indeed, when looking to rent in Grand Rapids, MI, you can expect to pay as little as $530.00 or as much as $3,820.00, with the average rent median estimated to be $1,650.00. The good news is that finding an affordable and desirable property to rent in Grand Rapids, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Grand Rapids, MI 49525 Foreclosures

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