Market Intelligence · MI / Grand Rapids

Grand Rapids, MI 49512 Housing Market

The typical home in Grand Rapids 49512 is valued at $370,805, up 2.0% over the past year. The median list price is $362,530, and homes are taking a median of 45 days on market as of June 1, 2026.

Updated June 2026Median value$371K

The median home value in Grand Rapids, MI 49512 is $371K as of June 2026, up 2.0% 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 49512 range

$341K to $400K

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

+2.0% over 12 months

Typical home value in 49512 over the last 12 months: $363K in Jun 2025 to $371K in Jun 2026 (+2.0%).

Jun 2025$363K

Jun 2026$371K

The numbers

What is the 49512 housing market like?

Typical home value

$371K

Up2.0%YoY

Median list price

$363K

Days on market

45

Up181.3%MoM

Homes for sale

41

Price cuts

14.0%

New listings

24

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

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The comparison

How do 49512 home prices compare?

  • 49512$370,805
  • 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 are 41 homes for sale in the 49512 ZIP code, with 24 new listings added recently. The median list price sits at $362,530, while the typical home value is $370,805, up 2.0% over the past year. Homes are spending a median of 45 days on market, and 14.0% of listings have had a price cut. For sellers, this points to a steady market where realistic pricing and patience matter.

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