Grandville, MI 49418 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Grandville, MI—49418

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$365,000

3.8% YoY Growth

Household Income

$83,500

25.6% YoY Growth

Days on Market

21.0% Shorter YoY

Home Price Forecast

2.9%

Median Rent

$2,000

5.1% YoY Growth

1-Bed Rent

$1,560

43.8% YoY Growth

2-Bed Rent

$1,300

12.6% YoY Growth

3-Bed Rent

$2,100

0.9% YoY Growth

Home Price Trends — Grandville, MI

As of Dec '25, the median home price in Grandville, MI is $365,000, with a year-over-year change of 3.8%. This indicates that home prices in Grandville, MI are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$365,000	3.8%
Single Family	$376,000	4.2%
Condos	$307,000	2.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Grandville, MI

As of July '25, Rentcast reports the average rent in Grandville, MI is $2,080, with a year-over-year rent change of 5.1%. Per bedroom, the median rent as of July '25 in Grandville, MI is studios: $1,020, 1-bedrooms: $1,510, 2-bedrooms: $1,610, 3-bedrooms: $2,090, 4-bedrooms: $3,050. The most common rental property sizes in Grandville, MI are 2-bedroom and 1-bedroom, accounting for 56.6% and 24.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,000	$2,080
Studio Rent	$1,020	$1,020
1 Bed Rent	$1,560	$1,510
2 Bed Rent	$1,300	$1,610
3 Bed Rent	$2,100	$2,090
4 Bed Rent	$2,900	$3,050

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% of Rental Stock

Studio

2.8%

1 Bedroom

24.9%

2 Bedrooms

56.6%

3 Bedrooms

10.6%

4 Bedrooms

2.4%

5+ Bedrooms

2.6%

Property Listings — Grandville, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in Grandville, MI is 39. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$432,000	9.0%
Listing Count	81	-18.0%
Listings as % of Homes	0.4%	-18.0%
Days on Market	40	-21.0%

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Demographics — Grandville, MI

As of the latest ACS Survey released in 2023, Grandville, MI has a population of 30,900, which has increased by 8.9% over the past 5 years. Grandville, MI is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 39.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	30,900	8.9%
% Under 18	20.7%	-15.9%
% Seniors	16.2%	3.8%
% WFH	14.4%	336.4%
% w/ College Degree	39.9%	18.4%

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As of the latest ACS Survey released in 2023, Grandville, MI is a predominantly white area, with 79.4% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Grandville, MI is hispanic, making up 7.2% of the population. Foreign-born residents account for 6.0% of the population in Grandville, MI, and this percentage has increased by 11.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	79.4%	-6.7%
% Black	4.9%	226.7%
% Hispanic	7.2%	2.9%
% Asian	3.5%	16.7%
% Foreign Born	6.0%	11.1%

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Mortgage and Risk — Grandville, MI

According to HUD data as of 2023, there were 639 mortgage originations in Grandville, MI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Grandville, MI. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	639
% Conventional Loans	92.0%
% Government Loans	8.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Grandville, MI

As of 2024, the percent of homes in Grandville, MI under the Section 8 program is 6.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Grandville, MI, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	236
Total Units Section 8	236
% Rentals under Section 8	6.0%
% Occupied Section 8	86.9%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$380	$1,560	$1,180
2 Bedroom	$100	$1,300	$1,400
3 Bedroom	-$280	$2,100	$1,820
4 Bedroom	-$890	$2,900	$2,010

Grandville, MI—49418

Key Metrics at a Glance

Home Price Trends — Grandville, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Grandville, MI

% of Rental Stock

Property Listings — Grandville, MI

Demographics — Grandville, MI

Race and Ethnicity

Mortgage and Risk — Grandville, MI

Mortgages

Rentals and Section 8 — Grandville, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Grandville, MI

Home Price to Income Ratio

Grandville, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Wyoming, MI

Jenison, MI

Wyoming, MI

Byron Center, MI

Walker, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.8
Median Home Price	$365,000
Median Household Income	$83,500

Grandville, MI—49418

Key Metrics at a Glance

Home Price Trends — Grandville, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Grandville, MI

% of Rental Stock

Property Listings — Grandville, MI

Demographics — Grandville, MI

Race and Ethnicity

Mortgage and Risk — Grandville, MI

Mortgages

Rentals and Section 8 — Grandville, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Grandville, MI

Home Price to Income Ratio

Grandville, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Wyoming, MI

Jenison, MI

Wyoming, MI

Byron Center, MI

Walker, MI

Frequently Asked Questions

What is the average home price in Grandville, MI 49418?

How have home prices in Grandville, MI 49418 changed over the past year?

What is the home price projection for Grandville, MI 49418?

What are the demographics of Grandville, MI 49418?

How long does it take homes to sell in Grandville, MI 49418?

What is the average rent price in Grandville, MI 49418?