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
$141,800
2023
$200,600
Total change
+$58,800
% change
+41.5%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $141,800 | — |
| 2019 | $151,300 | +$9,500 (6.7%) |
| 2020 | $153,200 | +$1,900 (1.3%) |
| 2021 | $165,700 | +$12,500 (8.2%) |
| 2022 | $188,100 | +$22,400 (13.5%) |
| 2023 | $200,600 | +$12,500 (6.6%) |