Grand Rapids Real Estate
534 active listings · 3,883 sold in the past 12mo
$348,000
Median List Price
3,883
Sold (past 12mo)
48
Avg Days on Market
+7.9%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Grand Rapids Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Grand Rapids and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(534)
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For Sale
1/57
$3,250,000
7428 Biscayne Way SE, Grand Rapids, MI 49546
4 bd6 ba7,787 sqft1.45 ac
Single Family
For Sale
1/94
$2,999,000
335 Bridge Street NW 3200, Grand Rapids, MI 49504
4 bd4 ba4,791 sqft
Condo
For Sale
1/84
$2,995,000
1878 Watermark Drive SE, Grand Rapids, MI 49546
4 bd8 ba10,633 sqft0.98 ac
Single Family
For Sale
1/83
$2,695,000
5914 Whitworth Court SE, Grand Rapids, MI 49546
5 bd6 ba7,356 sqft1.11 ac
Single Family
For Sale
1/48
$2,150,000
3750 Charlevoix Drive SE, Grand Rapids, MI 49546
5 bd6 ba3,900 sqft7.29 ac
Single Family
For Sale
1/71
$1,950,000
5650 E Watermark Court SE, Grand Rapids, MI 49546
4 bd5 ba4,942 sqft0.45 ac
Single Family
Under Contract
1/22
$1,800,000
2967 Knapp Street NE, Grand Rapids, MI 49525
3 bd2 ba1,232 sqft12.12 ac
Single Family
For Sale
1/47
$1,490,000
1233 Ballybunion Court SE, Grand Rapids, MI 49546
6 bd6 ba6,244 sqft1.84 ac
Single Family
For Sale
1/5
$1,425,000
4260 Bradford Street NE, Grand Rapids, MI 49525
4 bd4 ba2,804 sqft1.48 ac
Single Family
For Sale
1/85
$1,400,000
703 Madison Avenue SE, Grand Rapids, MI 49503
6 bd7 ba6,316 sqft0.41 ac
Single Family
For Sale
1/62
$1,400,000
1720 Flowers Crossing Drive NE, Grand Rapids, MI 49525
5 bd6 ba5,006 sqft0.74 ac
Single Family
For Sale
1/60
$1,399,900
4380 Michigan Street NE, Grand Rapids, MI 49525
5 bd4 ba5,708 sqft3.01 ac
Single Family
For Sale
1/52
$1,350,000
20 & 22 Crescent Street NE, Grand Rapids, MI 49501
5+ UnitsBuilt 19100.07 ac
5+ Unit
For Sale
1/88
$1,350,000
4166 Mystic Oak Court NE, Grand Rapids, MI 49525
4 bd6 ba5,858 sqft2.35 ac
Single Family
For Sale
1/136
$1,349,900
1670 Flowers Crossing Drive NE, Grand Rapids, MI 49525
6 bd7 ba5,509 sqft2.28 ac
Single Family
For Sale
1/48
$1,325,000
7314 Thornapple Park Drive SE, Grand Rapids, MI 49546
4 bd3 ba3,202 sqft0.89 ac
Single Family
For Sale
1/84
$1,299,900
426 Lafayette Avenue SE, Grand Rapids, MI 49503
5 bd5 ba4,218 sqft0.22 ac
Single Family
For Sale
1/31
$1,299,000
720 Eastern Avenue NE, Grand Rapids, MI 49503
3 bd2 ba1,701 sqft0.20 ac
Single Family
For Sale
1/50
$1,299,000
2973 Thorncrest Drive SE, Grand Rapids, MI 49546
4 bd3 ba3,517 sqft1.33 ac
Single Family
For Sale
1/114
$1,295,000
1860 Beard Drive SE, Grand Rapids, MI 49546
4 bd5 ba5,487 sqft0.96 ac
Single Family
For Sale
1/46
$1,290,000
6234 Hall Street SE, Grand Rapids, MI 49546
4 bd3 ba3,533 sqft1.15 ac
Single Family
For Sale
1/88
$1,275,000
40 Lexington Avenue NW, Grand Rapids, MI 49504
2 to 4 UnitsBuilt 19270.20 ac
2-4 Unit
For Sale
1/81
$1,195,000
7130 Oakbrook Street SE, Grand Rapids, MI 49546
5 bd4 ba4,134 sqft1.25 ac
Single Family
For Sale
1/60
$1,195,000
1645 Watermark Drive SE, Grand Rapids, MI 49546
5 bd5 ba4,907 sqft0.42 ac
Single Family
Recently Sold(3,883)
Frequently Asked Questions about Grand Rapids
What is the current real estate inventory in Grand Rapids?
Grand Rapids currently has 534 homes listed for sale. The median asking price is $348,000.
What is the median home price in Grand Rapids?
The median sale price in Grand Rapids is $348,000, based on 3,883 closed sales over the past 12 months.
How fast do homes sell in Grand Rapids?
Homes in Grand Rapids sell in an average of 48 days, based on 3,883 sales over the past 12 months.
What school districts serve Grand Rapids?
Grand Rapids is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Grand Rapids may be zoned for different districts. Check individual listings for the specific school district assignment.
Is Grand Rapids a buyer's or seller's market?
With 1.7 months of inventory, Grand Rapids is currently a seller's market. This is based on 534 active listings and 3,883 sales in the past 12 months.
How much are property taxes in Grand Rapids?
Michigan property taxes in Grand Rapids are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What does demographic data show about housing demand in Grand Rapids?
Per U.S. Census ACS data, Grand Rapids has a +7.9% Household Formation Gap over the past 15 years. Average household size decreased from 2.51 to 2.38, creating demand for approximately 6,107 additional housing units even as population grew 2.3%. HFG is a secondary market indicator — it reflects demographic trends, not a primary measure like income-based affordability.