Cities with the most expensive homes in the Grand Rapids metro area
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 $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.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.
#30. Freeport, MI
- Typical home value: $332,264
- 1-year price change: +7.2%
- 5-year price change: +27.9%
#29. Kentwood, MI
- Typical home value: $340,017
- 1-year price change: +3.9%
- 5-year price change: +30.1%
#28. Sparta, MI
- Typical home value: $343,502
- 1-year price change: +4.9%
- 5-year price change: +34.4%
#27. Kent City, MI
- Typical home value: $344,041
- 1-year price change: +5.4%
- 5-year price change: +32.3%
#26. Cedar Springs, MI
- Typical home value: $351,649
- 1-year price change: +5.3%
- 5-year price change: +32.0%
#25. Coopersville, MI
- Typical home value: $354,761
- 1-year price change: +3.6%
- 5-year price change: +28.9%
#24. Grandville, MI
- Typical home value: $364,042
- 1-year price change: +4.5%
- 5-year price change: +31.7%
#23. Walker, MI
- Typical home value: $364,505
- 1-year price change: +4.9%
- 5-year price change: +32.2%
#22. Northview, MI
- Typical home value: $364,961
- 1-year price change: +5.5%
- 5-year price change: +33.1%
#21. Jenison, MI
- Typical home value: $372,386
- 1-year price change: +3.3%
- 5-year price change: +32.6%
#20. Holland, MI
- Typical home value: $375,914
- 1-year price change: +4.4%
- 5-year price change: +30.7%
#19. Conklin, MI
- Typical home value: $385,965
- 1-year price change: +4.2%
- 5-year price change: +20.1%
#18. Zeeland, MI
- Typical home value: $395,539
- 1-year price change: +4.5%
- 5-year price change: +36.2%
#17. Grand Haven, MI
- Typical home value: $405,204
- 1-year price change: +4.3%
- 5-year price change: +27.2%
#16. Alpine, MI
- Typical home value: $411,616
- 1-year price change: +6.2%
- 5-year price change: +33.1%
#15. Ferrysburg, MI
- Typical home value: $415,038
- 1-year price change: +7.0%
- 5-year price change: +30.9%
#14. Allendale, MI
- Typical home value: $416,332
- 1-year price change: +5.5%
- 5-year price change: +36.0%
#13. Lowell, MI
- Typical home value: $417,054
- 1-year price change: +5.0%
- 5-year price change: +36.3%
#12. Plainfield, MI
- Typical home value: $417,749
- 1-year price change: +5.3%
- 5-year price change: +34.7%
#11. Gaines, MI
- Typical home value: $420,687
- 1-year price change: +3.4%
- 5-year price change: +29.6%
#10. Tallmadge, MI
- Typical home value: $426,108
- 1-year price change: +6.5%
- 5-year price change: +33.0%
#9. Marne, MI
- Typical home value: $428,831
- 1-year price change: +10.5%
- 5-year price change: +33.5%
#8. Hudsonville, MI
- Typical home value: $430,129
- 1-year price change: +5.2%
- 5-year price change: +28.6%
#7. Spring Lake, MI
- Typical home value: $434,683
- 1-year price change: +6.0%
- 5-year price change: +32.9%
#6. Rockford, MI
- Typical home value: $465,226
- 1-year price change: +5.2%
- 5-year price change: +35.1%
#5. Byron Center, MI
- Typical home value: $468,380
- 1-year price change: +4.9%
- 5-year price change: +29.6%
#4. Caledonia, MI
- Typical home value: $473,599
- 1-year price change: +4.4%
- 5-year price change: +30.6%
#3. Belmont, MI
- Typical home value: $501,387
- 1-year price change: +5.9%
- 5-year price change: +40.0%
#2. West Olive, MI
- Typical home value: $506,810
- 1-year price change: +3.9%
- 5-year price change: +17.7%
#1. East Grand Rapids, MI
- Typical home value: $700,485
- 1-year price change: +6.4%
- 5-year price change: +39.3%