East Grand Rapids, MI is an affluent area with a median housing value of $537,600. This is significantly higher than the US median housing value of $338,100 and represents an 11.49% increase in value over the past year. This is greater than the national average appreciation rate of 8.27% over the same period - indicating that housing in East Grand Rapids is appreciating at a faster pace than other areas of the US. In addition to this impressive growth rate, it's clear that East Grand Rapids has long been a desirable place to live due to its high median housing values relative to other parts of the country.
The median home cost in East Grand Rapids is $537,600. Home appreciation the last 10 years has been 155.1%. Home Appreciation in East Grand Rapids is up 15.2%.
Average Age of Homes
- The median age of East Grand Rapids real estate is 65 years old
The Rental Market in East Grand Rapids
- Renters make up 8.5% of the East Grand Rapids population
- 0.0% of houses and apartments in East Grand Rapids, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.