Grand Rapids Real Estate & Homes for Sale in Kent County, Michigan

Homes for Sale in Grand Rapids

Grand Rapids real estate options are available in an array of sizes, prices and styles. Homes in Grand Rapids start at well under $100,000 and can exceed $1 million for luxury homes. Average Grand Rapids homes listed in today's market just under $160,000. There is plenty of inventory and foreclosure options for home buyers looking for an investment property in Grand Rapids or a more affordable home within the foreclosure market. Grand Rapids condos and townhouses are usually listed for sale well under $100,000 and range up to the high $600,000s for luxury or high rise condominiums. A very limited selection of land lots is also obtainable for custom building in Grand Rapids Michigan.

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Grand Rapids Housing Info: Prices of Grand Rapids Homes for Sale

The growing metropolis of Grand Rapids is a recreational wonderland located on the Grand River in southwestern Michigan approximately two hours from both Chicago and Detroit. From the mound-building Hopewell Indians to the entrepreneurship of the early furniture industry, the city has evolved into a vibrant city with a high quality of life. Home to more than 200,000 residents, the Michigan city is a study in diversity with numerous cultural destinations, affordable housing in unique historical neighborhoods, a thriving business community and every form of recreational entertainment imaginable. Local real estate options consist of single-family homes, condominiums and townhouses as well as land lots for custom building. The close-knit communities that make up the city's real estate market are characterized by architecturally-distinct and decorative homes. Heritage Hill was the city's first neighborhood in and is one of the largest urban historic districts of homes in the country today. Its 1,300 homes date from 1848 and represent more than 60 architectural styles. Other important neighborhoods in the area include Hudsonville, Kentwood, Grandville, Wyoming and East Grand Rapids where single-family homes range in price from around $85,000 to nearly $2 million for large estate properties. Land and lots are available in outlying areas for custom homes building.

Grand Rapids MI Real Estate for the week of January 23rd, 2012: homes priced around $62,663 compared to $62,535 the previous week, for a slight increase of less than +1%.  For Friday, January 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.89%; the 15 year fixed rate is at 3.22%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.43%, while the 15 year jumbo rate currently is at 3.69%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Grand Rapids MI. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in Grand Rapids, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in Grand Rapids, Grand Rapids neighborhood information, crime stats, home values, and schools in Grand Rapids to help you find the best home!