Market Intelligence · MI / Grand Rapids

Grand Rapids, MI 49505 Housing Market

The typical home value in Grand Rapids 49505 is $311,126, up 3.4% over the past year. The median list price is $340,000, and homes are taking a median of 28 days on market.

Updated June 2026Median value$311K

The median home value in Grand Rapids, MI 49505 is $311K as of June 2026, up 3.4% 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.

Get a cash offer

Sell without the wait

Sell your Grand Rapids home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 49505 range

$286K to $336K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 49505 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Grand Rapids, MI.

12-month value trend

+3.4% over 12 months

Typical home value in 49505 over the last 12 months: $301K in Jun 2025 to $311K in Jun 2026 (+3.4%).

Jun 2025$301K

Jun 2026$311K

The numbers

What is the 49505 housing market like?

Typical home value

$311K

Up3.4%YoY

Median list price

$340K

Days on market

28

Up460.0%MoM

Homes for sale

37

Price cuts

11.3%

New listings

60

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

Free home value report

See what your 49505 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 49505 home prices compare?

  • 49505$311,126
  • 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 2026, there are 37 homes for sale in this Grand Rapids ZIP, with 60 new listings recorded. The median list price sits at $340,000, while the typical home value is $311,126, up 3.4% over the past year. Homes are moving at a median of 28 days on market, and 11.3% of listings have taken a price cut. If you are weighing a sale, the numbers point to steady conditions, so pricing in line with what buyers are actually paying matters more than reaching for the top.

Monthly payment

Estimate your monthly payment.

20% · $62,225

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.