49507 Home Values & Market Trends

There are 774 homes currently listed for 49507. 49507 real estate market trends show that home prices range from $90,000 to $625,000, and the median sales price in the 49507 zip code is $256,195. The total number of properties sold within the past twelve months is 650. In 49507, 19 properties are in foreclosure, 7 are bank owned properties,and 12 are headed for auction.

Housing Market Summary for 49507

Sep 2025September 2026Change
Median Listing Price$249.9K$250K0.04%
Median Sold Price$252.9K$238K-5.89%
Homes For Sale49376354.77%
Homes Sold207140-32.37%
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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 49507

The median list price of a home in Grand Rapids, is $256,195. A total of 774 properties are for sale, and the percentage of properties for sale in the zip code is 774.00%. The total count of 49507 properties is 948.

Foreclosure
There is 1 cities within 49507; within this cities, the median estimated home value for homes in foreclosure ranges from $844,429 in grand rapids to the lowest value of $129,101 in grand rapids. Foreclosure homes account for 2.00% of properties in 49507 with grand rapids containing 85 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 49507 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 49507; of that 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 49507 ranges from the highest value of $403,838 in grand rapids to the lowest value of $155,000 in grand rapids. Bank owned homes and properties account for 0.74% of properties in 49507. There is 1 cities within 49507; grand rapids containing 17 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    grand rapids has 68 auction properties, the highest number of properties going to auction in a single city in the state of 49507. Auction homes and other auction properties account for 1.27% of all properties in 49507. There is 1 cities within 49507; of that cities, the median estimated home value for homes going to auction ranges from $844,429 in grand rapids to the lowest value of $129,101 in grand rapids.
Homes for Sale
Homes and properties that are actively listed for sale account for 81.65% of residential properties in 49507 with grand rapids containing 6130 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 49507; homes for sale in that cities, have a range of median values from $4,950,000 in grand rapids to the lowest value of $36,312 in grand rapids.
    Sold Homes
    The median value for recently sold homes ranges from $5,223,000 in grand rapids to the lowest price of $61,556 in grand rapids. There is 1 cities within 49507. grand rapids has 1951 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 14.35% of properties in 49507.

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      Guide for 49507

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.