Is Grand Rapids, MI 49525 a buyer’s or seller’s market?
Grand Rapids is a seller’s market. With about 1.2 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score89/ 100
More competitive than 94% of U.S. ZIP codes, and #19 of 510 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply1.2Under 4 months = seller’s market
Sold above original list40.4%Share of sales, last 3 months
Median sale-to-list101.8%Sold price ÷ list price
Median days on market6Listing to accepted offer
Median price per sq ft$228▲ +6.8% vs. last year
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Nearby markets
Ada 49301Seller’s market $273 /sq ftAlto 49302Seller’s market $216 /sq ftBelmont 49306Seller’s market $214 /sq ftByron Center 49315Seller’s market $225 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology