Housing in East Grand Rapids, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$737,500

Median List Price

$675,000

Price Per Sq Ft

$280

Days on Market

28

Active Inventory

17

Months of Supply

5.7

Balanced market

Zillow Home Value

$631,791

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 20.9%List Price 1.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

98.0%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
50.0%
Listings with Price Drops
29.4%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

7

Pending Sales

6

Homes Sold 66.7%New Listings 53.3%Pending 57.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$280

Median List $/SF

$302

Sale $/SF 6.1%List $/SF 1.9%Mar 24Jan 26

East Grand Rapids vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. East Grand Rapids is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$488,500

Median Rent

$1,845

Total Housing Units

3,895

Vacancy Rate

1.9%

Owner Occupied

94.3%

Renter Occupied

5.7%

Median Property Tax

$7,537

per year

Monthly Cost (w/ Mortgage)

$2,148

Housing Types

Single Family
96.7%
Multi-Family
3.0%
Mobile Home
0.3%

The current median sale price in East Grand Rapids, MI is $737,500 according to Redfin data. Homes spend a median of 28 days on the market. 0.0% of homes sold above asking price. The market has 5.7 months of supply. The median price per square foot is $280. The median rent is $1,845 per month (Census ACS). About 94.3% of housing units are owner-occupied. The median year homes were built is 1954. There are 3,895 total housing units.