Why Live in Grand Rapids
Grand Rapids, located in northern Minnesota, is a city steeped in history and natural beauty. Originally a lumber town, it now attracts residents and tourists for its outdoor recreation and festivals. The Mississippi River, once characterized by its rapids, is now calmed by a dam near the UPM Blandin paper mill, yet remains central to the city's identity. Waterfront homes with private docks line the river, and newer homes are found around the outskirts' lakes. These properties are often rented out during the busy summer and fall seasons. Grand Rapids offers year-round recreational activities, including boating, fishing, hiking, snowmobiling, and ice fishing. Over 100 miles of trails, along with facilities like Grussendorf Park and Yanmar Arena, support activities such as pickleball, golfing, and hockey. The city hosts several annual festivals, including the Bluegrass Music in the Pines Festival, Tall Timber Days, and Grand Rapids Riverfest, featuring notable musicians. Downtown Grand Rapids is a vibrant area with public art, breweries, galleries, and boutiques, driven by a younger generation revitalizing the marketplace. The Grand Rapids Farmer’s Market and Free Range Food Co-Op are notable developments. Students attend Grand Rapids Public Schools, which have high ratings, and the local high school is known for its strong hockey team, the Grand Rapids Thunderhawks. Major employers include the century-old UPM Blandin paper mill, Grand Itasca Clinic and Hospital, and the school district. Commuters use Routes 2 and 169, with Duluth International Airport 84 miles southeast for major flights. Crime rates in Grand Rapids are below the national average, contributing to its appeal as a safe place to live.
Home Trends in Grand Rapids, MN
On average, homes in Grand Rapids, MN sell after 73 days on the market compared to the national average of 70 days. The median sale price for homes in Grand Rapids, MN over the last 12 months is $259,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$259,000
Median Single Family Sale Price
$369,999
Average Price Per Sq Ft
$216
Number of Homes for Sale
17
Last 12 months Home Sales
124
Median List Price
$275,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%