Sell My House Fast in Grand Rapids, MI with an iBuyer

Market Overview

Grand Rapids, MI Home Value Estimates

Grand Rapids is on the Grand River, 25 miles east of Lake Michigan and about 30 miles southeast of Muskegon. It became known as the furniture capital of America with its vast resources of timber and fine craftsmen. Later it became a major manufacturing city and is currently the state’s 2nd largest city. The summers are warm, and the winters are cold and snowy with average temperature lows in the high teens and highs in the mid 20’s. In the summer it is mild with temperature highs in the low 80’s and evening temperatures in the low 60’s.

The population is steadily growing at 200,217 in 2018 with an annual growth rate of 0.57%. The job market has increased over last year by 2%. The ten-year future job growth is predicted to be 35.8%. The largest employers in Grand Rapids are Health Care & Social Assistance, Manufacturing and Retail Trade. The largest companies are Steelcase and Meijer which is a regional retailer.

With many historic homes, including Frank Lloyd Wright’s Voigt Home, and the Meyer May home, Grand Rapids has a rich cultural heritage in the arts and sciences. The cost of living is moderate because of the Grand Rapids real estate market where homes are very affordable.

With a rich arts culture, diverse businesses to attract employees, a moderate cost of living and temperate summers, Grand Rapids will continue to attract newcomers looking for jobs and new homes.

Real estate market data in Grand Rapids

Average Monthly Rent:

$1,093

Percentage Change in Home Price/Value:

8.70%

Median Home Value:

$163,000

Best Time To Sell Home:

June

Affordability Index:

198.8

Days To Sell House:

52.667

Job Market:

Strong

Public School Ranking:

37

Hottest Neighbourhoods:

Michigan Oaks, Ridgemoor, Eastown, Westside Connection, East Hills, Northeast Citizens Action, Millbrook, Heritage Hill, Midown, Creston

Top iBuyers in Grand Rapids

Zillow Offers

Zillow Offers

Zillow has a new home buying service program. This type of program is called iBuying. They will purchase your home sight unseen if it fits their criteria.

Opendoor

Opendoor

Opendoor is the pioneer in the space of iBuying. They are considered the first iBuyer to take the concept of purchasing a home using a data based algorithm to estimate value.

Offerpad

Offerpad

Offerpad started in 2015 from of the roots of a real estate professional that realized the process to sell a home had many areas of stress and uncertainty.

Grand Rapids iBuyers

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