Market report, updated

Heritage Hill multi units

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Report prepared by Grandrapidshomesforsale.com
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This market report is a one-year history of multi-unit real estate sales in Grand Rapids' Heritage Hill.  

Market at a glance

Over the last 12 months, homes sold for 100.6% of list price in 16 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $575K Sold · $540K
$580K$510K$440K$370K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 1 sale in Jan. Last month: 1.

Where the market stands

All homes in this report, by status.

10homes
Active4 · 40%
Under contract2 · 20%
Sold (12 mo)4 · 40%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

8.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$688K
Under contract$590K
Sold$452K

Average days on market

Active39 days
Under contract88 days
Sold16 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 4
Average list price $688,125
Avg. days on market 39 days
Avg. price per ft² Not enough data
Avg. living area Not enough data
Avg. beds / baths Not enough data

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

Not enough data to chart this.

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Not enough data to chart this.

Highest price per ft²

Top 0 homes in this status.

Not enough data to chart this.

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
60 College Avenue NEGrand Rapids, MI 49503 —4—$937,500—35 days
252 Madison Avenue SEGrand Rapids, MI 49503 ———$825,000—40 days
317 Union Avenue SEGrand Rapids, MI 49503 —4—$525,000—76 days
321 Madison Avenue SEGrand Rapids, MI 49503 —3—$465,000—6 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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