Grand Rapids, MI 49525 Real Estate Market Report
ZIP Code: 49525
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Grand Rapids MI 49525 are 6.34% compared to 5.74% when typical loans in this area originated earlier in 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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The most reliable indicator of recent market value is the median sold price of $329,900, which points to realized transaction values that are notably lower than current asking levels and suggests sellers may need to align expectations with recent sales; consider pricing concessions or targeted listing strategies to reduce time-to-contract.
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The median days on market of 266 indicates slower sales velocity and suggests liquidity is muted; sellers should expect a longer marketing period and may need stronger staging, targeted price positioning, or flexible terms to accelerate offers.
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There is a pronounced spread between the median listing price of $470,250 and the median sold price of $329,900, which signals pricing friction and may indicate that some listings are priced above where most buyers are transacting; prioritize comparable-based pricing and incremental price adjustments rather than relying on aggressive marketing alone.
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Macro and rental context: price year-over-year trend is up and rent year-over-year trend is up, but elevated interest rate pressure (noted as elevated) may dampen buyer affordability—agents and investors should model transaction scenarios at prevailing financing costs and emphasize rate-sensitive buyer communication.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold below market average
Sold above market average
Sold above market average
Sold above market average
Sold above market average
Sold below market average
Below-market acquisition. Investor purchase with value-add potential through renovation.
Grand Rapids, MI 49525 Real Estate Market Report
ZIP Code: 49525
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Grand Rapids MI 49525 are 6.34% compared to 5.74% when typical loans in this area originated earlier in 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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The primary market value indicator is the median sold price $319,900, which points to modest appreciation consistent with the regional trend and suggests recent transaction prices around this level; representative recent sale conditions appear to support current valuations in a neutral market temperature.
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Liquidity appears subdued with a median days on market 289, which suggests slower sales velocity and increased time-to-contract despite balanced pricing; this pace may indicate greater deliberation by buyers or pricing friction for some listings.
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Price momentum is positive with price year-over-year trend up while rental pressure is also rising with rent year-over-year trend up, suggesting demand drivers for both ownership and leasing markets; market temperature remains neutral, indicating a balanced buyer-seller dynamic rather than one-sided conditions (stable balance).
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Financing and carrying-cost pressures are notable: interest rate pressure elevated and local loan pricing shows 30-year fixed mortgage rates of 6.34% compared to 5.74% earlier in 2026, which elevates affordability headwinds and may temper buyer urgency even as prices stay positive.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Sold at market average
Sold at market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.3% rate, 0.8% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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