Kent County, MI Home Values & Market Trends

The median home price in Kent County, MI is $302,421.59. There were 9,816 home sales in Kent County, MI over the past 12 months. The median residential Kent County, MI home value for transactions over the previous year is $285,093.755. The number of current listings in Kent County, MI is 628, and the percentage of properties for sale is 628.00%. The county has 137 foreclosures, 22 bank owned properties, 115 headed for auction, and 628 properties for sale.

Kent County, MI Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Grand Rapids

$ 301,597

$ 178/sqft

Belmont

$ 469,900

$ 185/sqft

Wyoming

$ 251,720

$ 168/sqft

Lowell

$ 360,000

$ 181/sqft

Rockford

$ 414,960

$ 184/sqft

Sand Lake

$ 172,452

$ 116/sqft

Byron Center

$ 343,200

$ 161/sqft

Grandville

$ 312,450

$ 163/sqft

Ada

$ 698,363

$ 242/sqft

Alto

$ 424,318

$ 164/sqft

Caledonia

$ 403,595

$ 167/sqft

Gowen

$ 295,911

$ 159/sqft

Sparta

$ 244,388

$ 192/sqft

Comstock Park

$ 269,379

$ 135/sqft

Cedar Springs

$ 322,240

$ 154/sqft

Kent City

$ 229,091

$ 146/sqft

Housing Market Summary for Kent County, MI

Mar 2023February 2024Change
Median Listing Price$303K$297.1K-1.94%
Median Sold Price$282.4K$297.1K5.21%
Homes For Sale801623-22.22%
Homes Sold6,6427,2909.76%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Kent County, MI

Kent County, MI home values range from $17,668 to $14,007,850. Ada is the priciest city with a median listing home price of $669,900, and Sand Lake is most affordable with average house prices of around $169,000.

Foreclosure
There are 16 cities within Kent County, MI; within these cities, the median estimated home value for homes in foreclosure ranges from $423,526 in Gowen to the lowest value of $28,594 in Gowen. Foreclosure homes account for 0.00% of properties in Kent County, MI with Grand Rapids containing 62 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Kent County, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 16 cities within Kent County, MI; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Kent County, MI ranges from the highest value of $553,078 in Cedar Springs to the lowest value of $136,971 in Kent City. Bank owned homes and properties account for 0.01% of properties in Kent County, MI. There are 16 cities within Kent County, MI; Wyoming containing 7 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Grand Rapids has 56 auction properties, the highest number of properties going to auction in a single city in the state of Kent County, MI. Auction homes and other auction properties account for 0.06% of all properties in Kent County, MI. There are 16 cities within Kent County, MI; of those cities, the median estimated home value for homes going to auction ranges from $668,046 in Ada to the lowest value of $28,594 in Ada.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.32% of residential properties in Kent County, MI with Grand Rapids containing 283 homes for sale, the highest number of listed properties in a single city. There are 16 cities within Kent County, MI; homes for sale in those cities, have a range of median values from $1,002,661 in Belmont to the lowest value of $31,970 in Sparta.
    Sold Homes
    The median value for recently sold homes ranges from $936,890 in Belmont to the lowest price of $23,962 in Belmont. There are 16 cities within Kent County, MI. Grand Rapids has 3299 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.58% of properties in Kent County, MI.

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      Guide for Kent County, MI

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      Wholesale
      4 Tips on How To Buy a House Wholesale
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Why Buying a Foreclosure is a Smart Move
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.