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Grand Rapids, MI 49508 Real Estate & Property Data

Grand Rapids, MI 49508 Real Estate Market Trends
Last Updated: August 30, 2025

A total of 529 residential properties have been sold over the past 12 months in 49508. With a median sales price of $364,950 in 49508 and a total of 3 foreclosures in Grand Rapids, MI 49508. Discover market trends and get the granular level real estate data for Grand Rapids, MI 49508 to keep your pulse on the housing market. Curate compelling home reports for Grand Rapids, MI 49508 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Grand Rapids, MI 49508 Real Estate Market Trends
Get property data for any address in Grand Rapids, MI 49508 or the country:
Total Residential Properties 10,583
Total Commercial Properties 587
Avg. Home Age (Single Family Home) 53 Years
Avg. Square Feet (Single Family Home) 1,584
Total 2025 Residential Sales (year-to-date) 235
% of Homes Seriously Underwater (Q3 2025) 0.6%
Total 2024 Residential Sales 457
% of Equity Rich Homes (Q3 2025) 55.2%
Effective 2024 Property Tax 0.87%
Total Foreclosure Filings (year-to-date) 19
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Grand Rapids, MI 49508 Real Estate Overview

There were 529 residential properties sold in the past year in Grand Rapids, MI 49508. The median home value in Grand Rapids, MI 49508 is $356,312. There are a total of 10,583 residential properties in the 49508.

Median Sales Price i
$364,950
(Jun 2025)
+3.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 $364,950
  • May '25 May '25 $379,900
  • April '25 Apr '25 $346,700
  • March '25 Mar '25 $365,000
  • February '25 Feb '25 $341,950
  • January '25 Jan '25 $338,053
  • December '24 Dec '24 $345,000
  • November '24 Nov '24 $335,000
  • October '24 Oct '24 $323,000
  • September '24 Sep '24 $346,000
  • August '24 Aug '24 $330,000
  • July '24 Jul '24 $330,000
Median Down Payment i
$69,000
(Jun 2025)
+286.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 $69,000
  • May '25 May '25 $53,000
  • April '25 Apr '25 $37,100
  • March '25 Mar '25 $20,000
  • February '25 Feb '25 $47,025
  • January '25 Jan '25 $42,181
  • December '24 Dec '24 $17,300
  • November '24 Nov '24 $17,872
  • October '24 Oct '24 $18,258
  • September '24 Sep '24 $19,995
  • August '24 Aug '24 $34,750
  • July '24 Jul '24 $35,000
Number of Homes Sold i
50
(Jun 2025)
-16.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 50
  • May '25 May '25 39
  • April '25 Apr '25 56
  • March '25 Mar '25 28
  • February '25 Feb '25 28
  • January '25 Jan '25 34
  • December '24 Dec '24 37
  • November '24 Nov '24 36
  • October '24 Oct '24 46
  • September '24 Sep '24 45
  • August '24 Aug '24 28
  • July '24 Jul '24 42
Number of Purchase Loans i
50
(Jun 2025)
-10.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 50
  • May '25 May '25 37
  • April '25 Apr '25 44
  • March '25 Mar '25 26
  • February '25 Feb '25 21
  • January '25 Jan '25 30
  • December '24 Dec '24 23
  • November '24 Nov '24 35
  • October '24 Oct '24 34
  • September '24 Sep '24 38
  • August '24 Aug '24 27
  • July '24 Jul '24 40
Number of REFI Loans i
28
(Jun 2025)
+75%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 28
  • May '25 May '25 20
  • April '25 Apr '25 30
  • March '25 Mar '25 19
  • February '25 Feb '25 23
  • January '25 Jan '25 23
  • December '24 Dec '24 27
  • November '24 Nov '24 19
  • October '24 Oct '24 29
  • September '24 Sep '24 27
  • August '24 Aug '24 37
  • July '24 Jul '24 26
Number of HELOC Loans i
30
(Jun 2025)
+76.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 30
  • May '25 May '25 25
  • April '25 Apr '25 22
  • March '25 Mar '25 20
  • February '25 Feb '25 10
  • January '25 Jan '25 19
  • December '24 Dec '24 15
  • November '24 Nov '24 22
  • October '24 Oct '24 27
  • September '24 Sep '24 15
  • August '24 Aug '24 15
  • July '24 Jul '24 24

Grand Rapids, MI 49508 Real Estate Market Overview

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Grand Rapids, MI 49508 Foreclosure Activity

There were a total of 3 Grand Rapids, MI 49508 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i
3
(Jun 2025)
+50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 3
  • May '25 May '25 2
  • April '25 Apr '25 2
  • March '25 Mar '25 2
  • February '25 Feb '25 7
  • January '25 Jan '25 3
  • December '24 Dec '24 2
  • November '24 Nov '24 2
  • October '24 Oct '24 3
  • September '24 Sep '24 4
  • August '24 Aug '24 1
  • July '24 Jul '24 3
Foreclosure Starts i
3
(Jun 2025)
+50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 3
  • May '25 May '25 2
  • April '25 Apr '25 2
  • March '25 Mar '25 2
  • February '25 Feb '25 7
  • January '25 Jan '25 3
  • December '24 Dec '24 2
  • November '24 Nov '24 2
  • October '24 Oct '24 3
  • September '24 Sep '24 4
  • August '24 Aug '24 1
  • July '24 Jul '24 3
Completed Foreclosures (REOs) i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 N/A
  • May '25 May '25 1
  • April '25 Apr '25 1
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • 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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