Welcome to our 49525 real estate data hub, tailored for investors in Grand Rapids, MI. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 49525 in Grand Rapids, MI. Discover Section 8 housing opportunities and challenges to maximize your investment potential in KENT COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Grand Rapids, MI real estate investing. Uncover the wealth of information available, and position yourself for success in the Grand Rapids property market.
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Location Overview
- Zip Code: 49525
- City: Grand Rapids
- State: MI
- Metro Area: Grand Rapids-Kentwood, MI
- County Name: KENT COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $320,311
- Average Home Price (Single Family Homes): $317,198
- Average Monthly Rental Price (All Types): $2,156
- Price-to-Rent Ratio: 12
- Zillow Projected % appreciation from 4/2023-4/2024: 2.1%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,440
- Average 3 Bedroom Section 8 Rental Rates: $1,870
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 18.54
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.27
- Number of Units Offered in Section 8 in the County: 3461
- Number of Occupied Units in Section 8 in the County: 3267
- Percentage of Section 8 Units Occupied in the County: 94.40000153%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 205.17
- Total % Appreciation since 2000 (Government Data): 104.36
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.82%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 1.82%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 28.01%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 44.43%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 123.25%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 109.72%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 119.99%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%