New - 14 hours on Rocket
$10,000 Closing Credit¹
#65025004468, Kyle Visser, Listing Office: ReSIDE Grand Rapids
East Grand Rapids Housing Market Report January 2025•Kent County, Michigan
Housing Prices in East Grand Rapids, MI
How much do homes in East Grand Rapids, MI cost?
Housing Market Conditions
Is East Grand Rapids, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
East Grand Rapids is a Neutral Market
Difference Since January 2024
At the same time last year, East Grand Rapids was a Seller's Market.
Insight
East Grand Rapids is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$640,000$277/SqFt
-$4,900
-0.8%
Based on all homes sold in the last 12 months
Insight
Homes in East Grand Rapids have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in East Grand Rapids was $640,000 in January 2025, down 0.8% from last year, and the median price per square foot was $277.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Grand Rapids Charter Township | $294.8K | $313.3K | +6.3% |
| Grand Rapids | $294.7K | $312.8K | +6.2% |
| East Grand Rapids | $644.9K | $640K | -0.8% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $210K | N/A |
| 22 Bedrooms | $390K | $405K | +3.8% |
| 33 Bedrooms | $447.7K | $515K | +15.0% |
| 44 Bedrooms | $749.9K | $760K | +1.3% |
| 55+ Bedrooms | $887K | $1.3M | +48.0% |
Summary: East Grand Rapids housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +3.8%. The home price for 3 bedroom homes increased by +15.0%. The home price for 4 bedroom homes increased by +1.3%. The home price for 5 bedroom homes increased by +48.0%.
Housing supply in East Grand Rapids, MI
How many homes are available in East Grand Rapids, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 35Last MonthJan 2025 | ||
| 382 months agoDec 2024 | -7.9 % Change MoMDec – Jan |
Summary: The East Grand Rapids real estate market had 35 homes for sale in Jan 2025, a 7.9 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthJan 2025 | ||
| 142 months agoDec 2024 | -64.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 2 | -50.0% |
| 33 Bedrooms | 13 | 15 | +15.4% |
| 44 Bedrooms | 16 | 13 | -18.8% |
| 55+ Bedrooms | 5 | 5 | 0.0% |
Summary: East Grand Rapids housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes increased by +15.4%. The inventory for 4 bedroom homes decreased by -18.8%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in East Grand Rapids, MI cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price5 Homes
Insight
If you're buying a home in East Grand Rapids, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in East Grand Rapids in January 2025, down by 64.3% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for East Grand Rapids, MI
How long does it take to sell a home in East Grand Rapids, MI?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days2 Homes
Insight
Avg time on Rocket Homes in East Grand Rapids has remained consistent over time.
Summary: During January 2025, 5 homes were sold in East Grand Rapids; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 81 DaysThis YearJan 2025 | ||
| 27 Days1 year agoJan 2024 | +190.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in East Grand Rapids had an average listing age of 81 days in Jan 2025, up by 190.8% compared to the previous year.
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Newest Listings in East Grand Rapids, MI
What homes are available in East Grand Rapids, MI?
New - 2 days on Rocket
$9,132 Closing Credit¹
#65025004152, Kyle Visser, Listing Office: ReSIDE Grand Rapids
$10,000 Closing Credit¹
#65025003352, John J Postma, Listing Office: RE/MAX of Grand Rapids (FH)
$5,461 Closing Credit¹
#25002950, DeShawn D Gholston, Listing Office: Shawn G Realty Group
$5,166 Closing Credit¹
#25002827, Stacey N Braun, Listing Office: Kishman Realty LLC
$10,000 Closing Credit¹
#65025002675, Heather Z Garbaty, Jennifer A Gesik, Listing Office: Crown Real Estate Partners Inc
$5,343 Closing Credit¹
#65025002587, Brian T DeSmit, Listing Office: Apex Realty Group
$5,106 Closing Credit¹
#25001088, Larry E Martin, Dana VanderWal, Listing Office: Keller Williams Realty Rivertown
#25000482, Julie L Rossio, Listing Office: Keller Williams GR East
$7,955 Closing Credit¹
#24063732, Steven C Morse, Listing Office: Morse Realty LLC
$5,047 Closing Credit¹
#24062766, Jeremy Crump, Listing Office: Bellabay Realty (SW)
$10,000 Closing Credit¹
#65024060725, Molly E McManus, Listing Office: Greenridge Realty (EGR)
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MLS Disclaimers and Copyright
Based on information from Michigan Regional Information Center LLC, and RealComp II Ltd. for the period 02/01/2023 - 02/01/2025
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 4:17:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.