Grand Rapids, MI
Balanced's marketGrand Rapids's market is in transition: +2.9% YoY, median DOM 7 days. Selective deals only.
DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026
| Detail | Value | Detail | Value |
|---|---|---|---|
| Median list price | $294,933 | Median sale price | $287,000 |
| Sale-to-list ratio | 0.996 | % sold below list | +50.6% |
| Active inventory | 383 | New listings | 217 |
How Grand Rapids has moved.
Grand Rapids sits at a median home value of $309,801 as of the latest Zillow read, essentially flat year-over-year, which historically is the most workable environment for disciplined wholesalers.
The sale-to-list ratio of 0.996 signals a balanced market — neither bid wars nor fire sales dominate. 50.6% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.
Rents tell a stronger story. The Zillow Observed Rent Index for Grand Rapids is $1,636/mo against a $310k median — that’s a 6.34% gross annual rent yield, well above the national 4-5% baseline. BRRRR and long-term rental strategies have real cushion here.
Median days-on-market is running around 7 days against 383 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.
MDR’s composite investor score for Grand Rapids is 62/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Solid mid-tier. A disciplined operator can build a real book here; a tourist will get hurt.
The same data, five operator lenses.
Lead lists, sourcing channels, and disposition strategies tuned to the local market.
ARV math, rehab scope, and exit timing for the local buyer profile.
Buy-rehab-rent-refi-repeat math tuned to local rents, prices, and DSCR.
Buy-and-hold rental analysis tuned to local rents, taxes, and tenant mix.
Subject-to, seller financing, wraps, and lease-options sized for the local market.
Grand Rapids for investors.
Is Grand Rapids a good market for real estate investors in 2026?
Metro Deal Report's composite investor score for Grand Rapids is 62/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. Grand Rapids is a solid mid-tier market — workable for disciplined operators but not a top-of-list pick.
What is the median home price in Grand Rapids?
The typical home value in Grand Rapids as of the most recent Zillow read is $309,801. Median list price is $294,933 and median sale price is $287,000. Year-over-year change: +2.9%.
What can a landlord expect to rent a property for in Grand Rapids?
Zillow's Observed Rent Index for Grand Rapids is $1,636/mo. Against the typical home value of $310k, that produces a gross annual rent yield of 6.34% — above the national 4-5% baseline, supportive of BRRRR and long-term rental strategies.
Is Grand Rapids a buyer's or seller's market?
Grand Rapids's current sale-to-list ratio is 0.996 with 50.6% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 7 days. Active inventory: 383 listings.
Which investment strategy works best in Grand Rapids?
Grand Rapids's data favors BRRRR and long-term rentals — strong gross yield with stable to appreciating prices. See the per-strategy breakdowns at /wholesaling/grand-rapids, /brrrr/grand-rapids, and /flipping/grand-rapids.
Loan options for Grand Rapids properties.
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