Grand Rapids Real Estate Market Report September 2025

Here is the most recent Grand Rapids Real Estate Market Report September 2025. You will find the current market information as reported by the Grand Rapids Board of Realtors.

Market reports are a useful tool when researching specific areas of town, particularly when selling a home. You can learn about pricing trends, how many days homes last on the market, median prices, sale to list price ratios and more. We also provide a snapshot of homes sold in your market.

Days on Market September 2025

You can have these market reports sent to your inbox each month for specific areas of town. Follow the link below to the main report page and select the drop down to find your market. If you don’t see your market, we can create it for you. We cover the entire Southwest Michigan area including the Lakeshore.

In this latest market report for September, as we enter the Fall Market, we are seeing a slight slow down as there is still a lack of inventory. The Sales to Listing price ratio is 100.2%. In many markets, there are still multiple offer scenarios.

Homes and condos are very much in demand and selling close to full price in many markets, primarily because of the lack of inventory. The median price of active listings is $324,000 while the median price of sold property is $310,000.

Sale to List Price

LISTING INVENTORY IS STILL DOWN! We have active, qualified buyers in many markets, including the downtown condo market, that are just waiting for listings. If you are thinking of selling your home or condo, now is a GREAT time to put it on the market. Please give me a call or fill out the form below and tell us about your home!

There are currently 548 active listings (249 new listings in August) in the market, up from 483 in August, with 307 properties selling.

If you are looking for a home or condo, let us help you get notified right away of any new listings.

The average days on the market for March is 35 days, up from 34 last month.