Is Grand Rapids, MI 49544 a buyer’s or seller’s market?

The Grand Rapids housing market right now

In the three months ending August 31, 2026, 57% of homes in Grand Rapids, MI 49544 sold above their list price, the typical home went under contract in 6 days and there were 0.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 24 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 46%, homes sold about as fast and the median sale price fell 8% to $329,857. Overall, Grand Rapids is more competitive than a year ago, so tougher for buyers.

Within Kent County, homes here sell faster than in 73% of the county’s ZIP codes, and sell more often over asking than in 92%. On our competition score, Grand Rapids ranks #5 of 510 MI ZIP codes with enough sales (score 95 out of 100).

Nearby, buyers who want less competition could look at Sand Lake 49343 (22% sold over asking) or Caledonia 49316 (28% sold over asking), while Wyoming 49509 (63% sold over asking) and Grand Rapids 49507 (59% sold over asking) are even more competitive.