Hot Market, Cold Climate: Why You Should Consider Moving to Grand Rapids, MI
Why You Should Make the Midwestern City of Grand Rapids Your Next Home
While rent is steadily climbing in metropolitan areas throughout the country, there are some cities whose median rent is rising, but still well below the national average. Grand Rapids’ median rent, for example, remains less than 16% of the national average. With market trends up by 5% and quality of life at an all-time high, Grand Rapids is quickly becoming one of the Midwest’s most desirable cities for both young people and families. Employment in Grand Rapids is at a peak, and according to the American Census Bureau, the median income for families has risen almost 20% in the last ten years.
The median home value in Grand Rapids in 2018 is around $145,600. According to an article by Rapid Growth Media, prices in Grand Rapids are rising as Millennials across the country flock toward urban areas for jobs and improved quality of life. Public art, breweries, nightlife, and plenty of green space all contribute to Grand Rapids’ allure. Check out these home listings to get a better picture of why Grand Rapids has one of the hottest real estate markets this year.
East Grand Rapids Mid-Century Modern Gem
You can have all of the perks of Grand Rapids living, in addition to taking up residence on a tree-lined street. This five-bedroom, Mid-Century Modern home is perfect for families looking to spread out, while still remaining in close proximity to the city. East Grand Rapids features many museums, gardens, nature preserves, and farmers markets.
This home has a large backyard that features a stone patio and a deck with a hot tub. Indoors, you can enjoy downtime in natural light-filled rooms with charming wood paneled walls. High ceilings and a large brick fireplace make this home the perfect place to spend time with family and friends. For $419,000, you can invest in a family home that you’ll be able to enjoy years to come.
Gaslight Village Updated Craftsman Home
With a newly renovated kitchen and bathroom appliances, this airy three-bedroom craftsman home is located within walking distance of Gaslight Village’s amenities and features. Enjoy the charm of lofted ceilings, hardwood floors, large windows, and a spacious office space. For $235,000, this home features a manageably-sized backyard space and delightful balcony, both of which make this home perfect for entertaining.
Nestled alongside scenic Reeds Lake and Wilcox Park, Grand Rapid’s Gaslight Village offers plenty of restaurants and shopping for young people looking for affordable housing set in a lively neighborhood.
Heritage Hill Home With Private Backyard
Located on a quiet street in close proximity to downtown Grand Rapids and the Cherry Business District, this historic home is rich in character and personality. With a modern kitchen and bathroom, the home combines streamlined modern luxury with 19th-century character. Enjoy three completely remodeled bathrooms in addition to high ceilings, hardwood floors, a charming clawfoot bathtub, and plenty of natural light throughout.
For $386,500, this four-bedroom home will allow you to enjoy all of the perks of the East Hills of Grand Rapids while still remaining close to other desirable family neighborhoods.
Centrally Located Farmhouse-Style Home
If you’re looking for a charming home that’s packed with updates and located within walking distance of Gaslight Village, East Hills, and Eastown, look no further than this lovely three-bedroom farmhouse-style home with a big front porch and sprawling backyard. An open floor plan and plenty of windows make this comfortable home feel light and airy throughout.
The home features beautiful quartz countertops, a clawfoot tub, original hardwood flooring in addition to new carpets on the second floor, and lofted ceilings. The fenced-in backyard features a deck and raised flower beds for you to enjoy throughout Michigan’s warmer months. Listed on Homes.com for $289,900, this home is a treasure you don’t want to let slip away.
Luxury Loft-Style Condo in Central City
In a city like Grand Rapids, it’s hard to find luxury three-bedroom housing that’s both spacious and updated. With this loft-style condo in downtown Grand Rapids, you’ll get all of that plus parking for two cars included. Enjoy sumptuous bamboo floors, skylights and windows, exposed brick walls, as well as multiple walk-in closets.
An open concept kitchen with an oversized island and breakfast bar make this spacious loft perfect for both entertaining guests and enjoying slow weekend mornings. A prime location with amazing amenities like these is rare for the price point of $774,900; we recommend you snatch it up before the price rises.
Grand Rapids Is the Beer City and Could Be Your Next Home
With home prices and employment steadily rises, there’s no time like the present to get in on the housing market in Grand Rapids, Michigan. Nicknamed “Beer City” for its plethora of breweries and pubs, Grand Rapids is a great place to explore as a young millennial or to settle down with a family. Check out what’s available in the market and find the perfect property for you at Homes.com.