Current Price

$248,907

1 Month Forecast

â–² $282,047

1-Year Forecast *

â–² $306,219

5-Year Forecast *

â–² $371,168

"Is it a good time to buy homes in Grand Rapids?" "Does investing in real estate in Grand Rapids (Minnesota State, Itasca County) worth it?" According to our live Forecast System, buying a house in Grand Rapids is a good short-term (1-year) investment*. The Grand Rapids average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Grand Rapids" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Grand Rapids in Minnesota State, Itasca County. If you are looking for homes for sale with good flipping profit, Grand Rapids can be a profitable property investment option. The median price of an average house in Grand Rapids was 248,907 USD on 2026-03-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Grand Rapids" area is 371,168 USD by 2031-03-04. For a 5-year investment the profit is expected to be around +49.12% meaning that investing 100000 USD today may yield a profit of 49,119 USD by 2031.

Current Median Listing Price: 248,907 USD Median Listing Price Per Square Foot: 138 USD

Grand Rapids Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Grand Rapids (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Grand Rapids Price Target

Grand Rapids median home price target in 12 months: $306,219* (upside of 23.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $274,194 $279,611 $274,194 $279,611
2024 $236,143 $248,907 $236,143 $248,907
2023 $229,892 $236,835 $229,892 $237,199
2022 $218,000 $230,187 $218,000 $231,772
2021 $188,311 $216,714 $188,311 $216,714
2020 $175,504 $186,738 $175,445 $186,738
2019 $168,601 $175,463 $168,601 $175,463
2018 $161,148 $167,501 $161,148 $167,501
2017 $155,798 $160,541 $155,798 $160,541
2016 $155,253 $155,898 $155,253 $155,980
2015 $152,430 $154,880 $152,430 $155,387
2014 $152,854 $152,175 $152,175 $155,348
2013 $149,901 $153,383 $149,901 $155,261
2012 $146,371 $149,245 $146,371 $149,466

Questions & Answers about the Grand Rapids Housing Market Forecast

How much does an average home cost in Grand Rapids today?

The value of an average home (the listing price) in Grand Rapids is $248,907 USD.

What is the average price per square foot in Grand Rapids?

According to Walletinvestor the median price per square foot in Grand Rapids is 138 USD.

Will the median listing price of homes in Grand Rapids grow / rise / go up?

Yes. The Grand Rapids home prices may rise from 248,907 USD to 306,219 USD in one year.

Is it profitable to invest in Grand Rapids homes?

Yes. The long-term profit potential is +23.03% in one year.

Will Grand Rapids house prices fall / drop?

No. See above.

What is the predicted price of a Grand Rapids home in 2030?

The predicted home sales price of a Grand Rapids home in 2030 in Grand Rapids is 345,807 USD.

What is the predicted price of a Grand Rapids home in 2035?

The predicted home sales price of a Grand Rapids home in 2035 in Grand Rapids is 449,052 USD.

Will real estate prices decrease in Grand Rapids?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Grand Rapids is the 3492. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Itasca, Grand Rapids decreased, looking at the past 12 months.

According to Walletinvestor's Grand Rapids real estate market research, home values will increase in the next 12 months.

Median home values decreased by 10.352% to 248,907 USD, between 2025-03-04 and 2026-03-04

The average annual profit of property investment was:

  • 24.396% in 2021
  • 21.176% in 2022
  • 23.976% in 2023
  • 22.656% in 2024
  • 24.636% in 2025
  • 21.186% in 2026

Based on our Grand Rapids real estate market research and report the predicted sales prices will increase by 694.256% in the next 10 years.

Over the last 12 months, the value of homes in Grand Rapids fluctuated: increasing 4 times .

Grand Rapids (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Grand Rapids Housing Market Forecast with Real Estate Prices for 2025
August 2025 282047 267380 296713
September 2025 284504 262028 306979
October 2025 286982 261441 312523
November 2025 289482 272981 305982
December 2025 292004 268643 315364
Grand Rapids Housing Market Forecast with Real Estate Prices for 2026
January 2026 294547 267449 321646
February 2026 296256 275518 316994
March 2026 298011 281323 314700
April 2026 299462 281494 317430
May 2026 301239 284671 317807
June 2026 303575 285664 321486
July 2026 306219 287846 324592
August 2026 308887 291280 326493
September 2026 311577 294129 329026
October 2026 314292 293863 334721
November 2026 315714 287300 344128
December 2026 315656 291982 339331
Grand Rapids Housing Market Forecast with Real Estate Prices for 2027
January 2027 314490 298137 330844
February 2027 314073 282980 345166
March 2027 313789 285548 342030
April 2027 313556 297878 329233
May 2027 313153 297495 328811
June 2027 313431 293998 332863
July 2027 314350 288573 340126
August 2027 316298 296372 336225
September 2027 319026 300841 337210
October 2027 321126 292546 349707
November 2027 322399 302733 342065
December 2027 322432 303731 341133
Grand Rapids Housing Market Forecast with Real Estate Prices for 2028
January 2028 322765 292748 352782
February 2028 323049 302051 344047
March 2028 323106 304043 342170
April 2028 322611 298415 346807
May 2028 321668 297543 345793
June 2028 322307 300713 343902
July 2028 324435 304969 343901
August 2028 327261 300753 353769
September 2028 329557 309125 349990
October 2028 331288 310417 352159
November 2028 332032 304141 359923
December 2028 333197 309874 356521
Grand Rapids Housing Market Forecast with Real Estate Prices for 2029
January 2029 333946 316581 351311
February 2029 335403 317292 353515
March 2029 336666 319832 353499
April 2029 338555 317903 359207
May 2029 341504 311452 371556
June 2029 343971 319893 368049
July 2029 345807 318488 373126
August 2029 347168 323908 370428
September 2029 347862 329773 365951
October 2029 348177 322063 374290
November 2029 348251 324570 371932
December 2029 351284 321777 380792
Grand Rapids Housing Market Forecast with Real Estate Prices for 2030
January 2030 354344 319264 389425
February 2030 357431 333841 381022
March 2030 360545 330620 390470
April 2030 363685 333500 393871
May 2030 366854 343008 390699
June 2030 368981 344998 392965
July 2030 371168 342588 399748
August 2030 372975 336050 409899
September 2030 375188 337669 412707
October 2030 378097 352009 404186
November 2030 381391 361940 400842
December 2030 384713 362400 407027
Grand Rapids Housing Market Forecast with Real Estate Prices for 2031
January 2031 388064 361676 414453
February 2031 391445 364044 418846
March 2031 393216 373555 412877
April 2031 393145 358548 427741
May 2031 391692 359182 424203
June 2031 391173 369658 412687
July 2031 390819 370887 410750
August 2031 390528 369830 411226
September 2031 390027 351414 428639
October 2031 390372 357191 423554
November 2031 391517 355889 427145
December 2031 393944 368338 419551
Grand Rapids Housing Market Forecast with Real Estate Prices for 2032
January 2032 397341 358799 435883
February 2032 399958 368361 431554
March 2032 401542 374639 428446
April 2032 401583 371866 431300
May 2032 401999 375467 428530
June 2032 402352 371371 433333
July 2032 402423 381497 423350

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.