Market Intelligence · MI / Grand Rapids

Grand Rapids, MI 49544 Housing Market

Homes in 49544 have a typical value of $347,205, up 5.8% over the past year. The median list price stands at $314,475, with homes spending a median of 28 days on market as of September 2026.

Updated September 2026Median value$347K

The median home value in Grand Rapids, MI 49544 is $347K as of September 2026, up 5.8% 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 49544 range

$319K to $375K

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

+5.8% over 12 months

Sep 2025$328K

Low $328KHigh $347K

Sep 2026$347K

The numbers

What is the 49544 housing market like?

As of September 2026

Typical home value

$347K

5.8%YoY

Median list price

$314K

7.5%MoM

Days on market

6.7%MoM

Homes for sale

120.0%MoM

Price cuts

21.6%

2.9%MoM

New listings

200.0%MoM

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

The outlook

49544 housing market forecast 2027

+2.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 49544 to rise 2.9% by September 2027.

Over the 12 months through September 2026, typical home values in 49544 rose 5.8%, per the Zillow Home Value Index.

Will home prices drop in 49544?

Zillow's forecast does not call for a drop: it expects typical home values in 49544 to rise 2.9% by September 2027, after a 5.8% 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 49544 home prices compare?

49544$347,205
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

The market shows modest activity. There are 11 homes for sale with 12 new listings in September 2026, suggesting steady turnover. The median list price of $314,475 sits notably below the typical home value of $347,205, which gained 5.8% annually. About 21.6% of listings have seen price reductions. For sellers, the gap between asking price and actual value, combined with a meaningful share of price cuts, suggests pricing realistically from the start will matter.

Monthly payment

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Home price

Down payment20% · $69,441

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Common questions

What people ask us.

What is a typical home worth in 49544?

The typical home value in 49544 is $347,205, up 5.8% over the past year as of September 2026.

How long do homes take to sell in 49544?

Homes in 49544 spend a median of 28 days on market as of September 2026.

What is the median list price in 49544?

The median list price in 49544 is $314,475 as of September 2026.

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