Unshakable ZIP Data 49507 | Grand Rapids, MI Housing Market
Grand Rapids · Kent County · Grand Rapids-Kentwood, MI metro · Michigan · Data updated June 19, 2026
The median sale price in ZIP 49507, Grand Rapids, Michigan is $256,174 at $188 per square foot. 136 single-family homes sold in the latest period, down 2.2 percent from a year earlier. Homes sit a median of 6 days on market with 1.1 months of supply. Sellers are getting 102.7 percent of list price and 57.6 percent of homes sold above asking.
Seller's market. No room for sloppy offers.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $246,842 | |
| Average price per sq ft | $181 | |
| Median sale price | $256,174 | |
| Median sale price per sq ft | $188 | |
| Median home size | 1,360 sq ft | |
| Median new listing price | $257,697 | +7.0% |
| National size rank | 2,285 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 136 | -2.2% |
| Median days on market | 6 days | |
| Months of supply | 1.1 months | |
| New listings | 177 | -19.7% |
| Active listings | 215 | -10.9% |
| Pending sales | 166 | +17.1% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 102.7% | -1.1 pts |
| Share sold above list | 57.6% | +1.5 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$219,524
3-bedroom
$260,611
4-bedroom
$261,128
5-bedroom
$270,685
These figures describe the single-family market for Grand Rapids, Michigan ZIP 49507. They are market context, not a substitute for sold comps or a formal appraisal.