Kent County, MI Home Values & Market Trends
The median home price in Kent County, MI is $320,883.77. There were 9,805 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 $286,016.872. The number of current listings in Kent County, MI is 894, and the percentage of properties for sale is 894.00%. The county has 100 foreclosures, 20 bank owned properties, 80 headed for auction, and 894 properties for sale.
Kent County, MI Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Grand Rapids | $ 300,174 $ 186/sqft | Lowell | $ 347,096 $ 174/sqft |
| Wyoming | $ 265,000 $ 167/sqft | Belmont | $ 459,900 $ 193/sqft |
| Rockford | $ 401,764 $ 191/sqft | Cedar Springs | $ 302,847 $ 174/sqft |
| Byron Center | $ 369,900 $ 168/sqft | Alto | $ 450,000 $ 172/sqft |
| Ada | $ 712,135 $ 224/sqft | Sand Lake | $ 255,464 $ 144/sqft |
| Caledonia | $ 412,146 $ 184/sqft | Comstock Park | $ 315,266 $ 185/sqft |
| Sparta | $ 262,000 $ 170/sqft | Kent City | $ 184,058 $ 143/sqft |
| Grandville | $ 315,500 $ 175/sqft | Gowen | $ 254,144 $ 162/sqft |
Housing Market Summary for Kent County, MI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $316.2K | $294.8K | -6.76% |
| Median Sold Price | $284.6K | $294.8K | 3.58% |
| Homes For Sale | 895 | 628 | -29.83% |
| Homes Sold | 5,894 | 4,514 | -23.41% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Kent County, MI
Browse Homes in Kent County, MI
Kent County, MI home values range from $19,138 to $15,083,224. Ada is the priciest city with a median listing home price of $730,000, and Sand Lake is most affordable with average house prices of around $239,950.
- Pre-ForeclosurePre-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 OwnedThe median estimated home value of bank owned homes (REO properties) in Kent County, MI ranges from the highest value of $314,836 in Cedar Springs to the lowest value of $143,031 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; Grand Rapids containing 6 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsGrand Rapids has 34 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 0.04% 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 $587,122 in Rockford to the lowest value of $132,756 in Rockford.
Compare Nearby Cities
More Real Estate Resources for Kent County, MI
Guide for Kent County, MI
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.
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
Information on foreclosure financing, refinancing, and foreclosure mortgages.
