Grand Rapids, WI is a great place to consider investing in real estate due to its higher than the average US 1 year house appreciation rate of 14.05%. The median housing value in Grand Rapids is $209,200 which is considerably less than the US median value of $338,100 making it accessible for most budget ranges. With this high appreciation rate and lower cost of housing, Grand Rapids might be a great fit for potential home buyers or investors looking to get into the market.
The median home cost in Grand Rapids is $209,200. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Grand Rapids is up 17.1%.
Average Age of Homes
- The median age of Grand Rapids real estate is 34 years old
The Rental Market in Grand Rapids
- Renters make up 7.8% 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.