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Grand Rapids, MI 49504 Real Estate & Property Data

Grand Rapids, MI 49504 Real Estate Market Trends

Last Updated: August 30, 2025

A total of 741 residential properties have been sold over the past 12 months in 49504. With a median sales price of $285,000 in 49504 and a total of 1 foreclosures in Grand Rapids, MI 49504. Discover market trends and get the granular level real estate data for Grand Rapids, MI 49504 to keep your pulse on the housing market. Curate compelling home reports for Grand Rapids, MI 49504 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

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Total Residential Properties 13,418

Total Commercial Properties 948

Avg. Home Age (Single Family Home) 79 Years

Avg. Square Feet (Single Family Home) 1,486

Total 2025 Residential Sales (year-to-date) 315

% of Homes Seriously Underwater (Q3 2025) 1.28%

Total 2024 Residential Sales 685

% of Equity Rich Homes (Q3 2025) 48.34%

Effective 2024 Property Tax 0.72%

Total Foreclosure Filings (year-to-date) 12

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Grand Rapids, MI 49504 Real Estate Overview

There were 741 residential properties sold in the past year in Grand Rapids, MI 49504. The median home value in Grand Rapids, MI 49504 is $308,898. There are a total of 13,418 residential properties in the 49504.

Median Sales Price i

$285,000

(Jun 2025)

+2.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $285,000
May '25 May '25 $295,500
April '25 Apr '25 $270,500
March '25 Mar '25 $282,500
February '25 Feb '25 $286,950
January '25 Jan '25 $255,900
December '24 Dec '24 $280,500
November '24 Nov '24 $272,000
October '24 Oct '24 $260,000
September '24 Sep '24 $287,500
August '24 Aug '24 $250,000
July '24 Jul '24 $294,500

Median Down Payment i

$23,700

(Jun 2025)

-24.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $23,700
May '25 May '25 $29,000
April '25 Apr '25 $29,650
March '25 Mar '25 $39,000
February '25 Feb '25 $27,500
January '25 Jan '25 $10,622
December '24 Dec '24 $28,600
November '24 Nov '24 $16,500
October '24 Oct '24 $26,400
September '24 Sep '24 $24,250
August '24 Aug '24 $33,500
July '24 Jul '24 $32,000

Number of Homes Sold i

(Jun 2025)

-6.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 61
May '25 May '25 68
April '25 Apr '25 43
March '25 Mar '25 53
February '25 Feb '25 47
January '25 Jan '25 43
December '24 Dec '24 65
November '24 Nov '24 44
October '24 Oct '24 76
September '24 Sep '24 60
August '24 Aug '24 52
July '24 Jul '24 64

Number of Purchase Loans i

(Jun 2025)

-5.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 52
May '25 May '25 61
April '25 Apr '25 43
March '25 Mar '25 49
February '25 Feb '25 43
January '25 Jan '25 35
December '24 Dec '24 56
November '24 Nov '24 47
October '24 Oct '24 67
September '24 Sep '24 48
August '24 Aug '24 50
July '24 Jul '24 49

Number of REFI Loans i

(Jun 2025)

+30%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 26
May '25 May '25 23
April '25 Apr '25 37
March '25 Mar '25 25
February '25 Feb '25 29
January '25 Jan '25 17
December '24 Dec '24 33
November '24 Nov '24 41
October '24 Oct '24 43
September '24 Sep '24 28
August '24 Aug '24 28
July '24 Jul '24 30

Number of HELOC Loans i

(Jun 2025)

-16%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 21
May '25 May '25 18
April '25 Apr '25 23
March '25 Mar '25 21
February '25 Feb '25 20
January '25 Jan '25 16
December '24 Dec '24 19
November '24 Nov '24 15
October '24 Oct '24 18
September '24 Sep '24 20
August '24 Aug '24 29
July '24 Jul '24 32

Grand Rapids, MI 49504 Real Estate Market Overview

Last 30 days

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Grand Rapids, MI 49504 Foreclosure Activity

There were a total of 1 Grand Rapids, MI 49504 properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 1 Grand Rapids, MI 49504 properties and repossessed 1 Grand Rapids, MI 49504 properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i

(Jun 2025)

year-over-year

y-o-y

List Graph

1 year 3 years

5 years