The housing market in Grand Rapids, OH is very competitive and attractive. The median value for a house in Grand Rapids is $195,800, which is much lower than the US median of $338,100. Over the past year, housing appreciation in Grand Rapids has been 7.61%, slightly below the national rate of 8.27%. Despite the lower appreciation rate, Grand Rapids still offers an affordable option with plenty of potential for growth in the future.
The median home cost in Grand Rapids is $195,800. Home appreciation the last 10 years has been 68.5%. Home Appreciation in Grand Rapids is up 13.4%.
Average Age of Homes
- The median age of Grand Rapids real estate is 52 years old
The Rental Market in Grand Rapids
- Renters make up 21.1% of the Grand Rapids population
- 0.0% of houses and apartments in 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.