Real Estate Data > US real estate data > Michigan > Kent County > Grand Rapids > 49505

Grand Rapids, MI 49505 Real Estate & Property Data

Grand Rapids, MI 49505 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 565 residential properties have been sold over the past 12 months in 49505. With a median sales price of $265,000 in 49505 and a total of 2 foreclosures in Grand Rapids, MI 49505. Discover market trends and get the granular level real estate data for Grand Rapids, MI 49505 to keep your pulse on the housing market. Curate compelling home reports for Grand Rapids, MI 49505 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Get property data for any address in Grand Rapids, MI 49505 or the country:

Total Residential Properties 10,622

Total Commercial Properties 401

Avg. Home Age (Single Family Home) 76 Years

Avg. Square Feet (Single Family Home) 1,340

Total 2025 Residential Sales (year-to-date) 70

% of Homes Seriously Underwater (Q2 2025) 0.87%

Total 2024 Residential Sales 531

% of Equity Rich Homes (Q2 2025) 48.47%

Effective 2024 Property Tax 0.79%

Total Foreclosure Filings (year-to-date) 3

Interested in Purchasing National or Grand Rapids, MI 49505 Property Data?

Grand Rapids, MI 49505 Real Estate Overview

There were 565 residential properties sold in the past year in Grand Rapids, MI 49505. The median home value in Grand Rapids, MI 49505 is $282,240. There are a total of 10,622 residential properties in the 49505.

Median Sales Price i

$265,000

(Feb 2025)

-19.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $265,000
January '25 Jan '25 $280,000
December '24 Dec '24 $256,000
November '24 Nov '24 $283,938
October '24 Oct '24 $295,000
September '24 Sep '24 $263,500
August '24 Aug '24 $283,950
July '24 Jul '24 $279,000
June '24 Jun '24 $313,500
May '24 May '24 $285,000
April '24 Apr '24 $285,000
March '24 Mar '24 $279,325

Median Down Payment i

$50,000

(Feb 2025)

+45.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $50,000
January '25 Jan '25 $16,750
December '24 Dec '24 $12,625
November '24 Nov '24 $32,300
October '24 Oct '24 $35,000
September '24 Sep '24 $19,137
August '24 Aug '24 $50,790
July '24 Jul '24 $27,260
June '24 Jun '24 $29,300
May '24 May '24 $30,500
April '24 Apr '24 $12,755
March '24 Mar '24 $28,050

Number of Homes Sold i

(Feb 2025)

+16%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 29
January '25 Jan '25 41
December '24 Dec '24 54
November '24 Nov '24 41
October '24 Oct '24 50
September '24 Sep '24 42
August '24 Aug '24 51
July '24 Jul '24 53
June '24 Jun '24 51
May '24 May '24 61
April '24 Apr '24 37
March '24 Mar '24 30

Number of Purchase Loans i

(Feb 2025)

+9.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 23
January '25 Jan '25 39
December '24 Dec '24 38
November '24 Nov '24 37
October '24 Oct '24 52
September '24 Sep '24 35
August '24 Aug '24 42
July '24 Jul '24 48
June '24 Jun '24 41
May '24 May '24 58
April '24 Apr '24 34
March '24 Mar '24 28

Number of REFI Loans i

(Feb 2025)

-22.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 17
January '25 Jan '25 33
December '24 Dec '24 19
November '24 Nov '24 24
October '24 Oct '24 34
September '24 Sep '24 21
August '24 Aug '24 25
July '24 Jul '24 19
June '24 Jun '24 11
May '24 May '24 19
April '24 Apr '24 17
March '24 Mar '24 22

Number of HELOC Loans i

(Feb 2025)

+37.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 22
January '25 Jan '25 12
December '24 Dec '24 18
November '24 Nov '24 12
October '24 Oct '24 22
September '24 Sep '24 22
August '24 Aug '24 21
July '24 Jul '24 22
June '24 Jun '24 23
May '24 May '24 23
April '24 Apr '24 18
March '24 Mar '24 12

Grand Rapids, MI 49505 Real Estate Market Overview

Last 30 days

Street
Street
Street

Grand Rapids, MI 49505 Foreclosure Activity

There were a total of 2 Grand Rapids, MI 49505 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 2 Grand Rapids, MI 49505 properties and repossessed 1 Grand Rapids, MI 49505 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

+100%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years