Market Intelligence · MI / Grand Rapids

Grand Rapids, MI 49534 Housing Market

The typical home value in 49534 is $385,996, up 6.0% over the past year. The median list price sits at $457,929, with homes spending a median of 46 days on the market as of September 2026.

Updated September 2026Median value$386K

The median home value in Grand Rapids, MI 49534 is $386K as of September 2026, up 6.0% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 49534 range

$355K to $417K

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

+6.0% over 12 months

Sep 2025$364K

Low $364KHigh $386K

Sep 2026$386K

The numbers

What is the 49534 housing market like?

As of September 2026

Typical home value

$386K

6.0%YoY

Median list price

$458K

0.2%MoM

Days on market

2.2%MoM

Homes for sale

10.0%MoM

Price cuts

14.5%

43.0%MoM

New listings

83.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

49534 housing market forecast 2027

+2.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 49534 to rise 2.9% by September 2027.

Over the 12 months through September 2026, typical home values in 49534 rose 6.0%, per the Zillow Home Value Index.

Will home prices drop in 49534?

Zillow's forecast does not call for a drop: it expects typical home values in 49534 to rise 2.9% by September 2027, after a 6.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 49534 home prices compare?

49534$385,996
Grand Rapids$342,153
Michigan$241,156
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Grand Rapids: 12 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

Grand Rapids 49534 has 33 homes for sale, with 22 new listings added recently. The median list price of $457,929 reflects the current market ask, though 14.5% of listings have already seen price cuts. Homes are spending 46 days on market, which suggests a balanced pace of sale activity. For sellers, the 6.0% annual appreciation in typical home value is encouraging, but the presence of price cuts and moderate days on market indicate you should price competitively and be realistic about current buyer interest.

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Down payment20% · $77,199

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Common questions

What people ask us.

What is the typical home value in 49534?

The typical home value is $385,996, which has increased 6.0% over the past year.

How long do homes stay on the market in 49534?

Homes spend a median of 46 days on the market as of September 2026.

Are there many homes for sale in 49534?

There are currently 33 homes for sale, with 22 new listings in the most recent period.

Discover

Nearby ZIP markets.

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