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GRAND RAPIDS, MI 49512

Real Estate Market Report  ·  Kent County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The GRAND RAPIDS, MI real estate market (49512) currently shows 56 active listings, with 27 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 47 days on market compared to 119 days last year.

The median listing price has fallen 15% year-over-year, from $410,043 to $348,652.

Whether you are buying or selling in GRAND RAPIDS, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 19,141  ·  Density: 321.1/mi²  ·  Median household income: $65,640

Typical home value: $271,945  ·  Homeownership: 43.0%

Market Overview

Active Listings
56
⇧ 19.1% vs 47 last year
Pending
27
48% pending ratio
Median Price
$348,652
⇩ 15% vs $410,043 last year
Average Price
$364,609
⇩ 13.2% vs $420,180 last year
Days on Market
47
⇩ 60.5% vs 119 days last year

Price Per Square Foot

Median $/sqft
$212
⇧ 2.4% vs $207/sqft last year
Median Home Size
1,738 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 56 this year vs 47 last year
  • Days on market: 47 now vs 119 last year

Median & Average Pricing

Year over Year
  • Median: $348,652 (-15% YoY)
  • Average: $364,609 (-13.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.0 miles — 598 listings ($258,998,076 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49512Grand Rapids, MI 495120.0 mi50$19,007,300$349,700$380,146
49508Grand Rapids, MI 495084.0 mi56$19,131,112$349,900$341,627
49548Grand Rapids, MI 495485.9 mi45$11,301,750$249,900$251,150
49507Grand Rapids, MI 495076.4 mi92$23,038,824$250,500$250,422
49301Ada, MI 493017.5 mi38$34,432,332$832,000$906,114
49302Alto, MI 493028.6 mi29$24,978,483$675,000$861,327
49505Grand Rapids, MI 495059.2 mi60$21,272,820$332,450$354,547
49504Grand Rapids, MI 4950410.6 mi74$26,408,158$299,000$356,867
49315Byron Center, MI 4931511.1 mi75$43,666,500$539,015$582,220
49306Belmont, MI 4930613.2 mi13$7,691,229$548,999$591,633
49534Grand Rapids, MI 4953413.6 mi35$16,709,595$467,135$477,417
49321Comstock Park, MI 4932114.9 mi25$9,260,075$387,450$370,403
49544Grand Rapids, MI 4954415.0 mi6$2,099,898$302,500$349,983

Frequently Asked Questions

How many homes are for sale in GRAND RAPIDS, MI 49512?

As of February 2026, there are 56 active listings in GRAND RAPIDS, MI (zip code 49512), compared to 47 the prior year.

What is the median home price in GRAND RAPIDS, MI 49512?

The median listing price in GRAND RAPIDS, MI 49512 is $348,652 as of February 2026, a 15% decrease from $410,043 the prior year.

How long do homes stay on the market in GRAND RAPIDS, MI?

Homes in GRAND RAPIDS, MI 49512 spend an average of 47 days on the market before going under contract, compared to 119 days the prior year.

Is it a seller's or buyer's market in GRAND RAPIDS, MI 49512?

Based on current inventory and days-on-market data as of February 2026, GRAND RAPIDS, MI 49512 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 47 days on market compared to 119 days last year.

How much can I save on real estate commission in GRAND RAPIDS, MI?

With SELL123.com's maximum 3% commission, sellers in GRAND RAPIDS, MI 49512 save an estimated $6,973 compared to a typical 5% commission on the median listing price of $348,652. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.