Grand Rapids, MI Home Values (2026)
The median home value in Grand Rapids is about $295,000 (~$228/sq ft) — 2% more expensive than the typical U.S. home. Below: how Grand Rapids compares, values by home size and ZIP code, and a free tool for your own address.
Thinking of moving to Grand Rapids?
Here’s what the numbers say about housing costs in Grand Rapids. A typical home runs about $295,000, which is 2% more expensive than the national median and 20% more expensive than the Michigan average. At roughly $228 per square foot, a median budget here buys you around 1,290 sq ft of home.
Prices swing a lot by neighborhood: across Grand Rapids’s 5 ZIP codes, the most affordable is 49507 (~$246,000) and the priciest is 49525 (~$390,000) — roughly a 1.6× difference. If you’re relocating, that spread is where the real budgeting happens, so it pays to target ZIP by ZIP rather than the citywide average.
Grand Rapids home value by size
Using the local rate of about $228 per square foot, here’s a rough estimate by home size. Condition, lot, and exact location move these meaningfully.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $228,000 |
| 1,500 sq ft | $342,000 |
| 2,000 sq ft | $456,000 |
| 2,500 sq ft | $570,000 |
| 3,000 sq ft | $684,000 |
Estimate your specific home in Grand Rapids
Enter your ZIP and size for an instant estimate tailored to your exact area:
Home values by ZIP code in Grand Rapids, MI
Typical value and price per square foot for each Grand Rapids ZIP code we have data for:
| ZIP code | Typical value | $ / sq ft |
|---|---|---|
| 49525 | $390,000 | $241 |
| 49505 | $311,000 | $217 |
| 49503 | $295,000 | $261 |
| 49504 | $294,000 | $228 |
| 49507 | $246,000 | $178 |
Grow your home’s value in Grand Rapids
Use our Increase Home Value calculator to see which improvements add the most, or read the pre-sale projects that actually pay off. See how Grand Rapids stacks up against other Michigan cities on the Michigan home values page, or browse the full U.S. directory.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. Actual values vary by home and change over time.