How competitive is the Grand Rapids housing market?

Grand Rapids is soft for sellers as of September 2026, with a Sold Score of 29/100 (Difficult Selling Environment). **Pending ratio** is 0.18 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +45.5% — more choices for buyers than a year ago. **Median days on market** is 55. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 23.7% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (September 2026): Sold Score: 29/100 (Difficult Selling Environment) · Pending ratio: 0.18 · Inventory YoY: +45.5% · Median days on market: 55 · Sellers cutting price: 23.7% · Median listing price: $301,000 (-14.2% YoY)