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$2,470 Closing Credit¹
#6130897, Listing office: RE/MAX Preferred Associates
Grand Rapids Housing Market Report May 2025•Wood County, Ohio
Housing Prices in Grand Rapids, OH
How much do homes in Grand Rapids, OH cost?
Housing Market Conditions
Is Grand Rapids, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Grand Rapids is a Seller's Market
Difference Since May 2024
Since last year, Grand Rapids has remained a Seller's Market.
Insight
Grand Rapids is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$225,000$151/SqFt
+$2,941
+1.3%
Based on all homes sold in the last 12 months
Insight
Homes in Grand Rapids have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Grand Rapids was $225,000 in May 2025, up 1.3% from last year, and the median price per square foot was $151.
Median Sold Price By Cities
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Providence Township | $332.5K | $386.5K | +16.2% |
| Grand Rapids Township | $222K | $225K | +1.3% |
| Grand Rapids | $222K | $225K | +1.3% |
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $95K | $163.5K | +72.1% |
| 22 Bedrooms | $162K | $145K | -10.5% |
| 33 Bedrooms | $210K | $221.7K | +5.6% |
| 44 Bedrooms | $340K | $275.5K | -19.0% |
| 55+ Bedrooms | $325K | - | N/A |
Summary: Grand Rapids housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +72.1%. The home price for 2 bedroom homes decreased by -10.5%. The home price for 3 bedroom homes increased by +5.6%. The home price for 4 bedroom homes decreased by -19.0%. The home price for 5 bedroom homes did not change.
How does Grand Rapids, OH compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Grand Rapids, OH
Housing supply in Grand Rapids, OH
How many homes are available in Grand Rapids, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthMay 2025 | ||
| 102 months agoApr 2025 | -10.0 % Change MoMApr – May |
Summary: The Grand Rapids real estate market had 9 homes for sale in May 2025, a 10.0 % decrease compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthMay 2025 | ||
| 42 months agoApr 2025 | 0.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 0 | -100.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 7 | 7 | 0.0% |
| 44 Bedrooms | 2 | 2 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Grand Rapids housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Grand Rapids, OH cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in Grand Rapids, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Grand Rapids in May 2025, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for Grand Rapids, OH
How long does it take to sell a home in Grand Rapids, OH?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Many homes in Grand Rapids are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 4 homes were sold in Grand Rapids; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 39 DaysThis YearMay 2025 | ||
| 32 Days1 year agoMay 2024 | +24.2 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Grand Rapids had an average listing age of 39 days in May 2025, up by 24.2% compared to the previous year.
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Newest Listings in Grand Rapids, OH
What homes are available in Grand Rapids, OH?
6 days on RocketTour
$2,968 Closing Credit¹
#6130664, Listing office: RE/MAX Preferred Associates
Tour
$2,314 Closing Credit¹
#6130529, Listing office: Reiser Realty
Tour
$3,561 Closing Credit¹
#6130065, Listing office: Meridian Real Estate Services
Tour
$5,343 Closing Credit¹
#6128008, Listing office: Howard Hanna
#6127449, Listing office: iLink Real Estate Company, LLC
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#6127079, Listing office: Howard Hanna
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#6125521, Listing office: Howard Hanna
Nearby markets
Nearby markets aren't available for Grand Rapids, OH
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MLS Disclaimers and Copyright
Based on information from Northwest Ohio Real Estate Information Systems, for the period 06/01/2023 - 06/01/2025
Copyright 2025 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site. Information deemed reliable but not guaranteed to be accurate. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 9:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.