🎃 East Grand Rapids Real Estate Market Update: October 2025

Joshua McCracken
Oct 16
2 min read

“A Little Chill in the Air—and in the Market”

As fall settles over East Grand Rapids, the crisp air and changing leaves aren’t the only signs of the season—our local housing market is cooling, too. But before you imagine spooky headlines about plunging prices or vanishing buyers, take heart: this slowdown is right on schedule.

Every year, as families settle into school routines and the holidays approach, the pace of home sales naturally eases. And this October is no exception.

🍂 Average Days on Market: 28 (Up 1 Day from Last Month)

Homes are taking just a touch longer to sell, with the average days on market now at 28 days, up by about one day compared to September.This kind of shift is normal for fall in West Michigan. Summer’s energy fades, showings slow slightly, and buyers get a bit more breathing room.

The good news? Well-presented homes in desirable areas like East Grand Rapids are still attracting strong interest and going under contract quickly—especially when priced correctly from day one.

📉 Price Drops: 33.6% of Homes Adjusted

Statewide, 33.6% of homes in Michigan saw a price drop last month, up nearly a full percentage point from last year.That doesn’t signal panic—it signals realism. Sellers are simply adjusting to a more balanced environment after years of intense competition.

This fall, pricing strategy matters more than ever. With more options on the market, today’s buyers are discerning. Sellers who start with accurate, data-backed pricing are still seeing success (and avoiding those mid-listing price cuts).

💰 Sold Over List: 34.6% of Homes Still Went Above Asking

Even with more price adjustments, 34.6% of homes still sold for over list price, though that’s down 2.5% year over year.That tells us something important: the market hasn’t lost its energy—it’s just normalized.

Homes that show well, are move-in ready, and are priced appropriately continue to draw strong offers, sometimes multiple, within days of listing.

⚖️ What It All Means

We’re moving toward a balanced market, where buyers and sellers both have a bit of leverage.But as of now, sellers still hold a slight edge—especially those who enter the market prepared, with the right price and strong presentation.

If you’re considering selling before the end of the year, now is the time to plan. Late fall and early winter listings tend to stand out with less competition, motivated buyers, and a cozy seasonal appeal that’s hard to replicate in spring.

🎥 Watch the Full Market Update

I put together a quick seasonal video breaking down these numbers—with a few fall visuals around East Grand Rapids to set the scene.🎬 Watch before you list your home this fall.