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Area data

Grand rapids, MI — ZIP 49505

Population: 32,426 (Census ACS)

Home values & appreciation

Median home value
$309,546
1-year appreciation
+3.6%
3-year appreciation
+11.0%
5-year appreciation
+26.5%
10-year appreciation
+118.8%
All-time peak (2026-07)
$309,546
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$345,900
Median list price
$375,000
Median days on market
41.5 days
Sale-to-list ratio
99.8%
Active listings
10
1-year forecast
+2.1%
Days to pending
12 days
New listings (monthly)
50

Rents

Typical rent
$1,819/mo
1-year rent change
+3.1%
1BR fair-market rent
$1,029/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
8
Elementary schools
3
Middle schools
2
High schools
2
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
strongWind, coldWave, iceStorm, inlandFlooding, tornado
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Average annual temperature
48.0°F
Average high
58.0°F
Average low
39.0°F
Annual precipitation
42.0 in
Annual snowfall
74.9 in

Air quality

Air quality rating
Good
Median AQI (annual)
49
Days with Good air quality
188
Days with Unhealthy air quality
2

Walkability & transit

Walkability index
11.2 / 20
Transit service frequency
583

Amenities

Nearest airport
Somerville Airport (9 mi)
Nearest major airport
Gerald R. Ford International Airport (GRR) (10 mi)
Hospitals nearby (~15 mi)
5
Avg hospital rating
4.3 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-1,535 tax filers

Housing stock

Median year housing built
1,957
Median annual property tax
$2,596
Mean commute to work
16 min
Households with broadband internet
80.3%

Employment & development

Total county employment
387,504
Average weekly wage
$1,152
Top industries (by employment)
Health Care, Administrative Services, Accommodation & Food
Annual residential building permits (county)
938

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents