Housing in Grand Rapids, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$213,500
Median List Price
$172,000
Price Per Sq Ft
$124
Days on Market
46
Active Inventory
24
Months of Supply
6.0
Balanced market
Zillow Home Value
$266,680
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Off Market in 2 Weeks
28.6%
Sale-to-List Ratio
98.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
6
Pending Sales
7
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$124
Median List $/SF
$147
Grand Rapids vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. 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
$200,600
Median Rent
$999
Total Housing Units
5,138
Vacancy Rate
7.7%
Owner Occupied
59.4%
Renter Occupied
40.6%
Median Property Tax
$2,456
per year
Monthly Cost (w/ Mortgage)
$996
Housing Types
The current median sale price in Grand Rapids, MN is $213,500 according to Redfin data. Homes spend a median of 46 days on the market. 50.0% of homes sold above asking price. The market has 6.0 months of supply. The median price per square foot is $124. The median rent is $999 per month (Census ACS). About 59.4% of housing units are owner-occupied. The median year homes were built is 1979. There are 5,138 total housing units.