Local Market0 views · 1 answer

How competitive is the Grand Rapids housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
71/100
YoY Good Chance of Selling
Pending ratio
0.62
YoY contracts vs active
Inventory YoY
-0.0%
YoY active listings
Median DOM
42
YoY days on market
Price cuts
23.9%
YoY of active listings
Grand Rapids is competitive as of May 2026, with a Sold Score of 71/100 (Good Chance of Selling). **Pending ratio** is 0.62 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -4.9% — fewer choices for buyers than a year ago. **Median days on market** is 42. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 23.9% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 71/100 (Good Chance of Selling) · Pending ratio: 0.62 · Inventory YoY: -4.9% · Median days on market: 42 · Sellers cutting price: 23.9% · Median listing price: $380,000 (+3.4% YoY)

Grand Rapids snapshot

As of the latest 2026 data
Median listing
$380K
YoY +0.0%
Active inventory
157
YoY +0.1%
Median DOM
35
YoY -0.1%
Pending ratio
0.57
YoY -0.1%
Price-reduced
16.5%
YoY -0.0%

Featured experts in this market

Related questions