Grand Rapids, MN
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's very weak Grand Rapids market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Grand Rapids, MN.
The Grand Rapids market exhibits very weak conditions, evidenced by a low pending ratio of 0.23, indicating significant demand absorption challenges. This is further underscored by a year-over-year decline in the median listing price by 3.4% and an even sharper 13.3% drop in the average listing price.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Grand Rapids market right now.
Active listings have expanded substantially by 25.7% year-over-year, while new listings also increased by 38.5%, contributing to an elevated supply. Concurrently, the pending ratio has seen a considerable year-over-year contraction of 36.4%, reflecting significantly reduced buyer engagement. These dynamics suggest a market struggling with oversupply relative to current demand.
“Local pricing and inventory dynamics across Grand Rapids shift block by block — happy to walk through what's actually closing.”
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The current environment places significant pressure on price discipline for sellers, with the pace of transactions substantially slower due to high inventory levels. Buyers currently face less urgency and greater optionality, influencing negotiations towards more favorable terms on price and concessions.
The average listing price has declined considerably by 13.3% year-over-year, outpacing the 3.4% year-over-year decline in the median listing price. This divergence, alongside a 1.7% year-over-year decrease in median $/sqft, suggests a particular softness in the higher-priced segments of the market.
181 active listings represent the current floor, with new supply arriving at roughly 72 per month.
of active listings carry a price reduction, +2.3% from prior period.
Median price per square foot has moved -1.7% year-over-year.
Pending-to-active ratio — Very Weak.
Recommended For This Market
Very WeakSelling in Grand Rapids, MN? Inventory is up 26% from last year.
Buyers have leverage in Grand Rapids, MN. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 23%
- Median Days on Market
- 57 days
- Inventory YoY
- +26%
In a buyer's market, strategy beats timing. See how your home scores in Grand Rapids, MN and what moves the number.
See my Sold Score & selling strategy →Talk to a listing expert who is actively selling in Grand Rapids, MN.
Jim Blehm →Keller Williams Realty
The Monthly Briefing
Stay ahead of the Grand Rapids market.
One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.
Track your ZIP
Get the Sold Score for your exact ZIP code in your inbox each month.
Metro Demographics
Vetted Local Practitioners
Direct Consultation
Need a real Grand Rapids expert on the phone?
Skip the search. Our vetted local practitioners know the Grand Rapids, MN micro-markets, pricing strategy, and negotiation dynamics — and they answer the phone.