Is Grand Rapids, OH 43522 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Grand Rapids is a seller’s market. With about 2 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list101.4%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$174▲ +14.1% vs. last year

The Grand Rapids housing market right now

In the three months ending August 31, 2026, 50% of homes in Grand Rapids, OH 43522 sold above their list price, the typical home went under contract in 52 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold more slowly (34 days then) and the median sale price rose 22% to $302,828. Overall, Grand Rapids is less competitive than a year ago, which gives buyers more room.

Within Wood County, homes here sell more slowly than in 79% of the county’s ZIP codes, and sell more often over asking than in 74%.

Nearby, buyers who want less competition could look at Rudolph 43462 (0% sold over asking) or Luckey 43443 (0% sold over asking), while Haskins 43525 (100% sold over asking) and Walbridge 43465 (82% sold over asking) are even more competitive.

Nearby markets

Bloomdale 44817Balanced $52 /sq ftBowling Green 43402Seller’s market $166 /sq ftBradner 43406Seller’s market $129 /sq ftCustar 43511Buyer’s market $119 /sq ft Browse all markets →

Where Grand Rapids is

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Questions about Grand Rapids real estate

Is Grand Rapids a buyer’s or seller’s market?

A seller’s market: there were 2 months of supply in Grand Rapids, OH 43522 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Grand Rapids?

The typical home went under contract in 52 days in the latest three months.

Do homes in Grand Rapids sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 101.4% of the list price.

What are property taxes in Grand Rapids?

About 1.34% of a home’s value a year in Wood County, or roughly $5,360 on a $400,000 home.

What is the median home price in Grand Rapids?

The median sale price was $302,828 in the three months ending August 31, 2026, about $174 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology