Cities with the most expensive homes in the Grand Rapids metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Grand Rapids metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 63 cities and towns.

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#30. Freeport, MI

- Typical home value: $327,715
- 1-year price change: +7.7%
- 5-year price change: +29.4%

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#29. Kentwood, MI

- Typical home value: $334,412
- 1-year price change: +4.0%
- 5-year price change: +28.0%

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#28. Kent City, MI

- Typical home value: $337,371
- 1-year price change: +5.7%
- 5-year price change: +31.1%

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#27. Sparta, MI

- Typical home value: $338,558
- 1-year price change: +4.7%
- 5-year price change: +32.1%

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#26. Cedar Springs, MI

- Typical home value: $346,156
- 1-year price change: +5.6%
- 5-year price change: +30.0%

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#25. Coopersville, MI

- Typical home value: $347,269
- 1-year price change: +2.8%
- 5-year price change: +25.7%

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#24. Walker, MI

- Typical home value: $358,708
- 1-year price change: +5.2%
- 5-year price change: +30.4%

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#23. Grandville, MI

- Typical home value: $358,851
- 1-year price change: +4.5%
- 5-year price change: +30.1%

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#22. Northview, MI

- Typical home value: $360,849
- 1-year price change: +5.9%
- 5-year price change: +31.4%

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#21. Jenison, MI

- Typical home value: $367,586
- 1-year price change: +3.3%
- 5-year price change: +30.3%

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#20. Holland, MI

- Typical home value: $374,011
- 1-year price change: +4.4%
- 5-year price change: +27.9%

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#19. Conklin, MI

- Typical home value: $377,516
- 1-year price change: +3.6%
- 5-year price change: +17.8%

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#18. Zeeland, MI

- Typical home value: $392,816
- 1-year price change: +4.3%
- 5-year price change: +33.8%

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#17. Grand Haven, MI

- Typical home value: $401,623
- 1-year price change: +4.2%
- 5-year price change: +26.0%

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#16. Alpine, MI

- Typical home value: $404,192
- 1-year price change: +6.0%
- 5-year price change: +31.4%

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#15. Lowell, MI

- Typical home value: $409,387
- 1-year price change: +4.9%
- 5-year price change: +34.9%

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#14. Ferrysburg, MI

- Typical home value: $410,491
- 1-year price change: +5.8%
- 5-year price change: +29.2%

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#13. Plainfield, MI

- Typical home value: $413,223
- 1-year price change: +5.6%
- 5-year price change: +32.2%

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#12. Allendale, MI

- Typical home value: $415,519
- 1-year price change: +5.1%
- 5-year price change: +32.8%

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#11. Gaines, MI

- Typical home value: $416,552
- 1-year price change: +4.2%
- 5-year price change: +27.6%

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#10. Marne, MI

- Typical home value: $417,140
- 1-year price change: +9.3%
- 5-year price change: +31.5%

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#9. Tallmadge, MI

- Typical home value: $419,323
- 1-year price change: +5.5%
- 5-year price change: +29.8%

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#8. Hudsonville, MI

- Typical home value: $427,808
- 1-year price change: +5.0%
- 5-year price change: +27.0%

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#7. Spring Lake, MI

- Typical home value: $429,878
- 1-year price change: +6.1%
- 5-year price change: +32.3%

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#6. Rockford, MI

- Typical home value: $458,379
- 1-year price change: +5.6%
- 5-year price change: +33.1%

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#5. Byron Center, MI

- Typical home value: $460,750
- 1-year price change: +5.0%
- 5-year price change: +27.6%

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#4. Caledonia, MI

- Typical home value: $468,869
- 1-year price change: +4.9%
- 5-year price change: +28.7%

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#3. Belmont, MI

- Typical home value: $496,204
- 1-year price change: +6.5%
- 5-year price change: +38.3%

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29 / 30

#2. West Olive, MI

- Typical home value: $499,879
- 1-year price change: +4.5%
- 5-year price change: +17.2%

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30 / 30

#1. East Grand Rapids, MI

- Typical home value: $686,439
- 1-year price change: +7.7%
- 5-year price change: +38.7%

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