Grand Rapids Housing Market Report May 2025•Wood County, Wisconsin

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Housing Prices in Grand Rapids, WI

How much do homes in Grand Rapids, WI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$290,000$152/SqFt
+$800
0.3%

Based on all homes listed in May 2025

Insight

The list price of homes in Grand Rapids has remained the same since April.

Summary: The median home list price in Grand Rapids was $290,000 in May 2025, up 0.3% from the previous month, and the median price per square foot was $152.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Port Edwards
+29.4%
Grand Rapids
0.3%
Saratoga
0.0%
Wisconsin Rapids
-1.1%
Biron
-30.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2025May 2025Change MoM
1--
N/A
2$219.9K$219.9K
0.0%
3$255.5K$267.7K
+4.8%
4$645K$334.2K
-48.2%
5$399.9K$389.9K
-2.5%

Summary: Grand Rapids housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +4.8%. The home price for 4 bedroom homes decreased by -48.2%. The home price for 5 bedroom homes decreased by -2.5%.

How does Grand Rapids, WI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Grand Rapids, WI

Housing supply in Grand Rapids, WI

How many homes are available in Grand Rapids, WI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
29Last MonthMay 2025
122 months agoApr 2025
+141.7 %
Change MoMApr – May

Summary: The Grand Rapids real estate market had 29 homes for sale in May 2025, a 141.7 % increase compared to Apr 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
213
+200.0%
3718
+157.1%
436
+100.0%
512
+100.0%

Summary: Grand Rapids housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +200.0%. The inventory for 3 bedroom homes increased by +157.1%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in Grand Rapids, WI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price1 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Grand Rapids, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Grand Rapids in May 2025, up by 100.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and and 57% were sold over asking.

Days on Market for Grand Rapids, WI

How long does it take to sell a home in Grand Rapids, WI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
35 DaysLast MonthMay 2025
55 Days1 month agoApr 2025
-36.5 %
Change MoMApr – May

Summary: Homes in Grand Rapids had an average listing age of 35 days in May 2025, down by 36.5% compared to the previous month.

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Newest Listings in Grand Rapids, WI

What homes are available in Grand Rapids, WI?

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Nearby markets

Popular Cities with Homes for Sale in Wisconsin

MLS Disclaimers and Copyright

Based on information from Wisconsin Real Estate Exchange, for the period 04/01/2025 - 06/01/2025

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/22/2025, 4:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.