Market Intelligence · MI / Grand Rapids

Grand Rapids, MI 49504 Housing Market

The typical home in Grand Rapids 49504 is worth $293,938, up 2.2% over the past year. The median list price sits at $317,425, and homes are spending a median of 29 days on market as of June 1, 2026.

Updated June 2026Median value$294K

The median home value in Grand Rapids, MI 49504 is $294K as of June 2026, up 2.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 49504 range

$270K to $317K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.2% over 12 months

Typical home value in 49504 over the last 12 months: $288K in Jun 2025 to $294K in Jun 2026 (+2.2%).

Jun 2025$288K

Jun 2026$294K

The numbers

What is the 49504 housing market like?

Typical home value

$294K

Up2.2%YoY

Median list price

$317K

Days on market

29

Up205.3%MoM

Homes for sale

41

Price cuts

15.7%

New listings

46

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 49504 home prices compare?

  • 49504$293,938
  • Grand Rapids$349,801
  • Michigan$247,122
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Grand Rapids: 12 ZIPs; Michigan: 891 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there were 41 homes for sale in the 49504 ZIP code, with 46 new listings coming onto the market. The median list price was $317,425, while the typical home value stood at $293,938, reflecting a 2.2% gain over the past year. The median time on market was 29 days, and 15.7% of listings had a price cut. For sellers, the numbers point to steady demand with some room for negotiation, so accurate pricing matters.

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