Grand Rapids city: Median Home Value Trend
How Grand Rapids city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$121,800
2023
$225,500
Total change
+$103,700
% change
+85.1%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $121,800 | — |
| 2019 | $143,400 | +$21,600 (17.7%) |
| 2020 | $156,500 | +$13,100 (9.1%) |
| 2021 | $168,700 | +$12,200 (7.8%) |
| 2022 | $203,900 | +$35,200 (20.9%) |
| 2023 | $225,500 | +$21,600 (10.6%) |