Grand Rapids Market Update: August 2025

Grand Rapids Housing Market at a Glance

The Grand Rapids real estate market continues to show stability as we head deeper into 2025. Here’s the quick snapshot for Kent County:

• Average Sale Price: Up $2,000 month-over-month, rising from $398,000 to $400,000.

• Days on Market: Holding steady at 25 days on average, signaling consistent buyer demand.

• Mortgage Rates: Down to about 6.6%, marking a 10-month low.

What This Means for Buyers in Grand Rapids

With mortgage rates dipping into the mid-6% range, buyers have gained some purchasing power compared to earlier this year. For anyone who has been waiting for rates to cool, this could be a good time to revisit the market. Lower monthly payments paired with steady inventory create opportunities for first-time buyers and move-up buyers alike.

What This Means for Sellers in Kent County

For sellers, the Grand Rapids housing market remains favorable. The fact that homes are still selling in under a month and prices are climbing slightly shows that demand is holding. Well-priced homes in neighborhoods like East Grand Rapids, Forest Hills, and Heritage Hill continue to attract strong interest.

The Local Angle: Seeing GR from a New Perspective

If you’ve seen my latest video, you know I used tilt-shift aerial shots of Grand Rapids to bring this market update to life. From Rosa Parks Circle to the Blue Bridge, the miniature city effect reminds us that sometimes it helps to look at the market from a new perspective.

Just as those aerials make you notice details you might otherwise miss, zooming in on the real estate numbers by neighborhood tells the true story of what’s happening where you live.

Get Your Neighborhood Report

While these Grand Rapids real estate stats give us a solid big-picture view, every neighborhood moves at its own pace.

📩 Want to know what’s happening in your ZIP code? Send me a message or drop your ZIP in the comments, and I’ll share a quick micro-report with average price, days on market, and trends specific to your area.

Key Takeaway

The Grand Rapids real estate market in August 2025 is steady: prices are edging upward, days on market are balanced, and rates are at their lowest in nearly a year. Whether you’re considering buying or selling, this is a market worth watching closely.