$231,677Average Value$167Average Price per Sq Ft6Homes For Sale
A trendy suburb with lower pricing and city amenities
A neighborhood just two miles from downtown Grand Rapids is gaining attention in an already booming, still-developing market. “It’s getting harder to buy in many neighborhoods here—but not in Madison Area,” says Deb Ables, a Realtor with 616 Realty. Ables, who was born and raised in Grand Rapids and worked with clients throughout the area, says Madison Area is especially popular with first-time home buyers. “It has all the perks of living in nearby neighborhoods, but the pricing here is still low. It’s an area that people are starting to discover,” she says. These perks include local eateries along the highly walkable Wealthy Street, and lots of activities in neighborhood parks.
Located two miles east of downtown, the Madison Area offers urban excitement and suburban peace.
The Madison Area neighborhood has some newly-built homes among the more established ones.
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Eclectic meal finds on Wealthy Street
Among the dining spots on Wealthy Street, Wealthy Street Bakery is locally adored for its coffee, fresh pastries and breakfast sandwiches. Donkey Taqueria makes its own chips and tortillas, and specializes in tequila-based cocktails, while Speciation Cellars, set in a 101-year-old garage space, draws crowds to its weekly trivia, vinyl and live music nights. Locals can pick up groceries at Great Giant Supermarket off Madison Avenue or from the specialty food merchants at the year-round, indoor Grand Rapids Downtown Market; this mixed-use, sustainable facility features a green roof, rain garden, and geotherm walls.
Donkey Taqueria serves the Madison Area with authentic Mexican food and margaritas.
Speciation Cellars serves flights of unique ale and ciders to Madison Area locals.
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Early 20th century Four Squares and Bungalows
Home styles here include American Foursquare and Craftsman bungalows built between 1890 and 1925; most have been fully renovated, but fixer-uppers can still be found. Homes are set close together on narrow lots with grassy front lawns and mature trees. For these 1,000- to 2,000-square-foot homes, prices range from about $200,000 for a three-bedroom to around $445,000 for a five-bedroom.
Three-story Four Square homes are common to the Madison Area.
Craftsman bungalow-style homes can be found within the Madison Area neighborhood.
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Two miles from Grand Rapids' popular events
Downtown is the hub for the city’s most popular events. Held each November, the Grand Rapids International Wine, Beer and Food Festival is the largest event of its kind in the Midwest, enabling folks to sample beverages from more than 1,200 labels. The annual international ArtPrize competition is held over a two-week period each September.
Pleasant Park and Campau Park for outdoor fun
One the oldest parks in Grand Rapids, the 7-acre Campau Park has been a neighborhood staple since 1899, with a playground, basketball court and shaded picnic tables. Pleasant Park includes a splash pad that’s popular on hot summer days, while a mile east, Martin Luther King Park has a swimming pool with a water slide; the latter also offers tennis courts and a baseball field.
Campau Park holds a playground, basketball court and picnic tables.
Local children love to play on the playground at Pleasant Park in Grand Rapids, Michigan.
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High graduation rate for Madison Area students
Local kids may start their education at Campus Elementary School, rated a C-minus by Niche, then continue to the C-plus-rated Grand Rapids University Preparatory Academy (GRUPA), a public magnet junior and high school serving Grades 6 through 12. With about 50 students and a student-teacher ratio of 15-to-1, GRUPA has an over 90 percent graduation rate, offering students leadership opportunities and college visits.
Campus Elementary School serves students K-5 in Grand Rapids, Michigan.
Grand Rapids University Preparatory Academy serves students in grades 6-12 in Madison Area.
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Backroads to downtown and major interstate connections
Downtown commuters can travel the two miles to work via backroads like Division Street. At the north end of town, Interstate 196 becomes Interstate 96 and leads to Lansing and Detroit; to the west, Route 131 travels the state from north to south. Gerald R. Ford International Airport is less than 10 miles southeast of Madison Area.
US Route 131 runs from north to south along the Madison Area neighborhood.
Interstate 196 runs from east to west just north of the Madison Area neighborhood.
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Madison Area Demographics and Home Trends
On average, homes in Madison Area, Grand Rapids sell after 29 days on the market compared to the national average of 55 days. The median sale price for homes in Madison Area, Grand Rapids over the last 12 months is $205,000, down 9% from the median home sale price over the previous 12 months.
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Lewis SmalliganTall Tree Realty and Property Management LLC
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
