Grand Rapids, MI 49505 Real Estate & Property Data

Grand Rapids, MI 49505 Real Estate Market Trends
Last Updated: August 30, 2025

A total of 584 residential properties have been sold over the past 12 months in 49505. With a median sales price of $318,500 in 49505 and a total of 1 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.

Grand Rapids, MI 49505 Real Estate Market Trends
Total Residential Properties 10,630
Total Commercial Properties 404
Avg. Home Age (Single Family Home) 76 Years
Avg. Square Feet (Single Family Home) 1,341
Total 2025 Residential Sales (year-to-date) 241
% of Homes Seriously Underwater (Q3 2025) 0.63%
Total 2024 Residential Sales 532
% of Equity Rich Homes (Q3 2025) 51.89%
Effective 2024 Property Tax 0.71%
Total Foreclosure Filings (year-to-date) 12
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Grand Rapids, MI 49505 Real Estate Overview

There were 584 residential properties sold in the past year in Grand Rapids, MI 49505. The median home value in Grand Rapids, MI 49505 is $316,504. There are a total of 10,630 residential properties in the 49505.

Median Sales Price i
$318,500
(Jun 2025)
+1.6%
year-over-year
y-o-y
  • June '25 Jun '25 $318,500
  • May '25 May '25 $282,725
  • April '25 Apr '25 $283,500
  • March '25 Mar '25 $292,500
  • 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
Median Down Payment i
$25,450
(Jun 2025)
-13.1%
year-over-year
y-o-y
  • June '25 Jun '25 $25,450
  • May '25 May '25 $14,525
  • April '25 Apr '25 $16,450
  • March '25 Mar '25 $30,503
  • February '25 Feb '25 $39,175
  • January '25 Jan '25 $22,200
  • 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
Number of Homes Sold i
50
(Jun 2025)
-2%
year-over-year
y-o-y
  • June '25 Jun '25 50
  • May '25 May '25 50
  • April '25 Apr '25 33
  • March '25 Mar '25 37
  • February '25 Feb '25 29
  • January '25 Jan '25 42
  • 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 54
Number of Purchase Loans i
46
(Jun 2025)
+12.2%
year-over-year
y-o-y
  • June '25 Jun '25 46
  • May '25 May '25 41
  • April '25 Apr '25 37
  • March '25 Mar '25 36
  • February '25 Feb '25 23
  • January '25 Jan '25 40
  • December '24 Dec '24 38
  • November '24 Nov '24 36
  • October '24 Oct '24 52
  • September '24 Sep '24 35
  • August '24 Aug '24 42
  • July '24 Jul '24 48
Number of REFI Loans i
22
(Jun 2025)
+100%
year-over-year
y-o-y
  • June '25 Jun '25 22
  • May '25 May '25 23
  • April '25 Apr '25 19
  • March '25 Mar '25 22
  • February '25 Feb '25 17
  • January '25 Jan '25 33
  • December '24 Dec '24 19
  • November '24 Nov '24 22
  • October '24 Oct '24 33
  • September '24 Sep '24 21
  • August '24 Aug '24 25
  • July '24 Jul '24 20
Number of HELOC Loans i
27
(Jun 2025)
+17.4%
year-over-year
y-o-y
  • June '25 Jun '25 27
  • May '25 May '25 23
  • April '25 Apr '25 27
  • March '25 Mar '25 22
  • February '25 Feb '25 23
  • 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

Grand Rapids, MI 49505 Foreclosure Activity

There were a total of 1 Grand Rapids, MI 49505 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i
1
(Jun 2025)
  • June '25 Jun '25 1
  • May '25 May '25 3
  • April '25 Apr '25 3
  • March '25 Mar '25 2
  • February '25 Feb '25 2
  • January '25 Jan '25 1
  • December '24 Dec '24 4
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 4
  • August '24 Aug '24 1
  • July '24 Jul '24 3
Foreclosure Starts i
1
(Jun 2025)
  • June '25 Jun '25 1
  • May '25 May '25 3
  • April '25 Apr '25 3
  • March '25 Mar '25 2
  • February '25 Feb '25 2
  • January '25 Jan '25 1
  • December '24 Dec '24 4
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 4
  • August '24 Aug '24 1
  • July '24 Jul '24 3
Completed Foreclosures (REOs) i
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
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