GRAND RAPIDS - KENTWOOD Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Grand Rapids - Kentwood averaged
6.49%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
6.69% and
one month ago for the week of 2025-05-29, the
average rate was 6.71%.
Grand Rapids - Kentwood's average rate one year ago was 7.08%.
For refis of the same type during the week of 2025-07-03, the average rate
was 7.01%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Grand Rapids - Kentwood 30 Year Fixed Rate | 2025-07-03 | 6.49% |
| Grand Rapids - Kentwood 30 Year Fixed Rate Refi | 2025-07-03 | 7.01% |
| Grand Rapids - Kentwood 15 Year Fixed Rate | 2025-07-03 | 5.92% |
| Grand Rapids - Kentwood 15 Year Fixed Rate Refi | 2025-07-03 | 5.92% |
| Grand Rapids - Kentwood 30 Year FHA | 2025-07-03 | -0.12% |
| Grand Rapids - Kentwood 30 Year FHA Refi | 2025-07-03 | -0.45% |
| Grand Rapids - Kentwood 30 Year USDA | 2025-07-03 | 0% |
| Grand Rapids - Kentwood 30 Year USDA Refi | 2025-07-03 | -0.1% |
| Grand Rapids - Kentwood 30 Year VA | 2025-07-03 | 0.08% |
| Grand Rapids - Kentwood 30 Year VA Refi | 2025-07-03 | -0.75% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within GRAND RAPIDS-KENTWOOD, MI.
GRAND RAPIDS - KENTWOOD Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the GRAND RAPIDS-KENTWOOD, MI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
GRAND RAPIDS - KENTWOOD Average Closing Costs & Other Stats
GRAND RAPIDS-KENTWOOD, MI's 237 lenders originated 24,102
loans during 2024. The total origination value was $5,453,500,000, with an average loan value of
$226,268.
GRAND RAPIDS - KENTWOOD's average closing costs are $4,018.
The top GRAND RAPIDS - KENTWOOD lender as defined by loan originations is LAKE MICHIGAN CREDIT UNION, with
2,222 loans originated. Their average total fees are
$3,601, which is $2,754
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee GRAND RAPIDS - KENTWOOD lenders (with over 10 loans originated) are
PREFERRED CREDIT UNION ($1,988), MICHIGAN SCHOOLS AND GOVERNMENT ($2,576), AAC Credit Union ($2,876), CREDIT UNION ONE ($3,094) and PFCU ($3,215).
The lowest rate GRAND RAPIDS - KENTWOOD lenders (with over 10 loans originated) are
MICHIGAN SCHOOLS AND GOVERNMENT (5.76%), Adventure Credit Union (6.07%), Bank of America (6.20%), MORTGAGE CENTER L.C (6.22%) and PLAZA HOME MORTGAGE, INC. (6.32%).
GRAND RAPIDS-KENTWOOD, MI Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| LAKE MICHIGAN CREDIT UNION | $982,160,000 | $1,175,650,000 | 19.7% | 21.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $265,580,000 | $328,640,000 | 23.7% | 6.0% |
| The Huntington National Bank | $267,670,000 | $295,205,000 | 10.3% | 5.4% |
| QUICKEN LOANS, LLC | $187,040,000 | $238,205,000 | 27.4% | 4.4% |
| Fifth Third Bank | $201,900,000 | $218,820,000 | 8.4% | 4.0% |
| Mercantile Bank of Michigan | $234,650,000 | $198,710,000 | -15.3% | 3.6% |
| Independent Bank | $147,725,000 | $150,115,000 | 1.6% | 2.8% |
| CONSUMERS | $132,195,000 | $139,815,000 | 5.8% | 2.6% |
| Old National Bank | $131,290,000 | $126,105,000 | -3.9% | 2.3% |
| MORTGAGE 1 INCORPORATED | $80,480,000 | $93,385,000 | 16.0% | 1.7% |
| The Dart Bank | $63,425,000 | $89,230,000 | 40.7% | 1.6% |
| NORTHERN MORTGAGE SERVICES, LLC | $81,135,000 | $88,425,000 | 9.0% | 1.6% |
| CHURCHILL MORTGAGE CORPORATION | $53,340,000 | $83,590,000 | 56.7% | 1.5% |
| GUILD MORTGAGE COMPANY | $54,880,000 | $74,880,000 | 36.4% | 1.4% |
| West Michigan Community Bank | $74,725,000 | $71,560,000 | -4.2% | 1.3% |
| Macatawa Bank | $85,845,000 | $71,055,000 | -17.2% | 1.3% |
| FIRST COMMUNITY MORTGAGE, INC. | $57,180,000 | $68,025,000 | 19.0% | 1.2% |
| Northpointe Bank | $45,000,000 | $61,535,000 | 36.7% | 1.1% |
| WALKER & DUNLOP, LLC | $12,715,000 | $60,630,000 | 376.8% | 1.1% |
| JPMorgan Chase Bank | $47,355,000 | $58,545,000 | 23.6% | 1.1% |
| ChoiceOne Bank | $55,290,000 | $57,635,000 | 4.2% | 1.1% |
| PNC Bank | $63,010,000 | $56,535,000 | -10.3% | 1.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $59,475,000 | $55,755,000 | -6.3% | 1.0% |
| Flagstar Bank, FSB | $46,365,000 | $51,780,000 | 11.7% | 0.9% |
| United Bank of Michigan | $51,525,000 | $48,525,000 | -5.8% | 0.9% |
| SUCCESS MORTGAGE PARTNERS, INC. | $30,635,000 | $44,575,000 | 45.5% | 0.8% |
| UNION HOME MORTGAGE CORP. | $30,175,000 | $42,285,000 | 40.1% | 0.8% |
| Merchants Bank of Indiana | $13,260,000 | $39,010,000 | 194.2% | 0.7% |
| Mortgage Research Center, LLC | $28,085,000 | $33,105,000 | 17.9% | 0.6% |
| MICHIGAN FIRST CREDIT UNION | $19,850,000 | $33,010,000 | 66.3% | 0.6% |
| UNITED | $23,390,000 | $32,075,000 | 37.1% | 0.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $7,820,000 | $31,075,000 | 297.4% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $32,440,000 | $30,810,000 | -5.0% | 0.6% |
| Horizon Bank | $42,655,000 | $30,765,000 | -27.9% | 0.6% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $13,485,000 | $30,315,000 | 124.8% | 0.6% |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $28,225,000 | $29,580,000 | 4.8% | 0.5% |
| NEWREZ LLC | $22,325,000 | $29,400,000 | 31.7% | 0.5% |
| Adventure Credit Union | $21,285,000 | $28,490,000 | 33.9% | 0.5% |
| PENNYMAC LOAN SERVICES, LLC | $10,545,000 | $26,100,000 | 147.5% | 0.5% |
| 21ST MORTGAGE CORPORATION | $20,650,000 | $26,020,000 | 26.0% | 0.5% |
| VAN DYK MORTGAGE CORPORATION | $22,935,000 | $25,710,000 | 12.1% | 0.5% |
| GUARANTEED RATE, INC. | $13,250,000 | $24,530,000 | 85.1% | 0.4% |
| GreenStone Farm Credit Services, FLCA | $12,955,000 | $23,840,000 | 84.0% | 0.4% |
| Grand River Bank | $39,545,000 | $22,160,000 | -44.0% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $10,580,000 | $21,710,000 | 105.2% | 0.4% |
| Barrington Bank & Trust Company, N.A. | $2,015,000 | $19,945,000 | 889.8% | 0.4% |
| TRIAD FINANCIAL SERVICES, INC. | $13,675,000 | $19,255,000 | 40.8% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $16,560,000 | $18,795,000 | 13.5% | 0.3% |
| Bank of America | $23,650,000 | $18,745,000 | -20.7% | 0.3% |
| LENDINGHOME FUNDING CORPORATION | $11,785,000 | $17,635,000 | 49.6% | 0.3% |
| MMS MORTGAGE SERVICES, LTD. | $21,185,000 | $17,545,000 | -17.2% | 0.3% |
| LOANDEPOT.COM, LLC | $12,895,000 | $17,125,000 | 32.8% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $20,060,000 | $15,210,000 | -24.2% | 0.3% |
| First Merchants Bank | $10,845,000 | $15,180,000 | 40.0% | 0.3% |
| PFCU | $9,475,000 | $13,280,000 | 40.2% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $9,105,000 | $13,090,000 | 43.8% | 0.2% |
| ORIX REAL ESTATE CAPITAL, LLC | $6,005,000 | $12,670,000 | 111.0% | 0.2% |
| U.S. Bank | $7,640,000 | $12,230,000 | 60.1% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $1,435,000 | $11,810,000 | 723.0% | 0.2% |
| CREDIT UNION ONE | $12,470,000 | $11,590,000 | -7.1% | 0.2% |
| Carrington Mortgage Services, LLC | $10,240,000 | $11,355,000 | 10.9% | 0.2% |
| Prudential Huntoon Paige Associates, LLC | $5,215,000 | $11,055,000 | 112.0% | 0.2% |
| MICHIGAN MUTUAL, INC. | $11,755,000 | $10,715,000 | -8.8% | 0.2% |
| RUOFF MORTGAGE COMPANY, INC. | $10,030,000 | $10,420,000 | 3.9% | 0.2% |
| BM Real Estate Services, Inc. | $8,740,000 | $10,255,000 | 17.3% | 0.2% |
| MORTGAGE CENTER L.C | $9,555,000 | $9,925,000 | 3.9% | 0.2% |
| Wells Fargo Bank | $13,495,000 | $9,890,000 | -26.7% | 0.2% |
| DFCU FINANCIAL | $11,635,000 | $9,830,000 | -15.5% | 0.2% |
| T2 FINANCIAL LLC | $7,005,000 | $9,405,000 | 34.3% | 0.2% |
| Plains Commerce Bank | $2,120,000 | $9,395,000 | 343.2% | 0.2% |
| AAC Credit Union | $9,730,000 | $9,300,000 | -4.4% | 0.2% |
| Sidney State Bank | $7,050,000 | $9,060,000 | 28.5% | 0.2% |
| Figure Lending LLC | $6,005,000 | $8,865,000 | 47.6% | 0.2% |
| TOP FLITE FINANCIAL, INC. | $9,200,000 | $8,820,000 | -4.1% | 0.2% |
| ARBOR FINANCIAL CREDIT UNION | $13,905,000 | $8,705,000 | -37.4% | 0.2% |
| Community West Credit Union | $9,035,000 | $8,470,000 | -6.3% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $2,130,000 | $8,335,000 | 291.3% | 0.2% |
| USAA Federal Savings Bank | $5,890,000 | $8,295,000 | 40.8% | 0.2% |
| BROKER SOLUTIONS, INC. | $6,075,000 | $8,135,000 | 33.9% | 0.1% |
| FIRST COLONY MORTGAGE CORPORATION | $865,000 | $8,120,000 | 838.7% | 0.1% |
| AmeriHome Mortgage Company, LLC | $3,880,000 | $7,490,000 | 93.0% | 0.1% |
| PLANET HOME LENDING, LLC | $9,395,000 | $7,480,000 | -20.4% | 0.1% |
| MICHIGAN ONE COMMUNITY Credit Union | $8,545,000 | $7,415,000 | -13.2% | 0.1% |
| Morgan Stanley Private Bank | $6,885,000 | $7,415,000 | 7.7% | 0.1% |
| Citizens Bank | $8,815,000 | $7,380,000 | -16.3% | 0.1% |
| Isabella Bank | $10,655,000 | $7,260,000 | -31.9% | 0.1% |
| Meijer Credit Union | $7,200,000 | $7,250,000 | 0.7% | 0.1% |
| Comerica Bank | $13,265,000 | $7,155,000 | -46.1% | 0.1% |
| Discover Bank | $7,340,000 | $7,045,000 | -4.0% | 0.1% |
| Honor Credit Union | $7,945,000 | $6,975,000 | -12.2% | 0.1% |
| The Loan Store, Inc. | $5,570,000 | $6,620,000 | 18.9% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $4,190,000 | $6,400,000 | 52.7% | 0.1% |
| Preston Home Loans Inc | $3,790,000 | $6,285,000 | 65.8% | 0.1% |
| TOWNE MORTGAGE COMPANY | $3,275,000 | $5,775,000 | 76.3% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $4,365,000 | $5,680,000 | 30.1% | 0.1% |
| MICHIGAN SCHOOLS AND GOVERNMENT | $4,290,000 | $5,625,000 | 31.1% | 0.1% |
| CARDINAL FINANCIAL | $6,325,000 | $5,505,000 | -13.0% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $3,415,000 | $5,440,000 | 59.3% | 0.1% |
| PLUS RELOCATION MORTGAGE, LLC | $2,845,000 | $5,405,000 | 90.0% | 0.1% |
| CMG MORTGAGE, INC. | $15,115,000 | $5,245,000 | -65.3% | 0.1% |
| UBS Bank USA | $1,915,000 | $5,070,000 | 164.8% | 0.1% |
| PREFERRED CREDIT UNION | $4,405,000 | $5,045,000 | 14.5% | 0.1% |
| Highpoint Community Bank | $4,475,000 | $4,975,000 | 11.2% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $535,000 | $4,885,000 | 813.1% | 0.1% |
| OCMBC, INC. | $940,000 | $4,840,000 | 414.9% | 0.1% |
| BETTER MORTGAGE CORPORATION | $4,980,000 | $4,450,000 | -10.6% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $5,595,000 | $4,400,000 | -21.4% | 0.1% |
| ROSS MORTGAGE CORPORATION | $3,115,000 | $4,010,000 | 28.7% | 0.1% |
| Broadway National Bank | $1,965,000 | $4,005,000 | 103.8% | 0.1% |
| CONTOUR MORTGAGE CORPORATION | $3,760,000 | $3,870,000 | 2.9% | 0.1% |
| DOW CHEMICAL EMPLOYEES' | $2,810,000 | $3,870,000 | 37.7% | 0.1% |
| Equity Prime Mortgage LLC | $805,000 | $3,745,000 | 365.2% | 0.1% |
| RIVER VALLEY CREDIT UNION | $5,010,000 | $3,745,000 | -25.2% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $1,415,000 | $3,720,000 | 162.9% | 0.1% |
| Prosperity Home Mortgage, LLC | $1,975,000 | $3,500,000 | 77.2% | 0.1% |
| KENT COUNTY CREDIT UNION | $3,265,000 | $3,495,000 | 7.0% | 0.1% |
| AMERICAN FINANCING CORPORATION | $1,115,000 | $3,485,000 | 212.6% | 0.1% |
| First National Bank of America | $3,775,000 | $3,315,000 | -12.2% | 0.1% |
| Commercial Bank | $980,000 | $3,165,000 | 223.0% | 0.1% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $20,770,000 | $3,095,000 | -85.1% | 0.1% |
| Charles Schwab Bank, SSB | $1,210,000 | $2,930,000 | 142.1% | 0.1% |
| NEW DAY FINANCIAL, LLC | $3,540,000 | $2,920,000 | -17.5% | 0.1% |
| Union Bank | $5,775,000 | $2,880,000 | -50.1% | 0.1% |
| COMMUNITY FIRST | $2,665,000 | $2,840,000 | 6.6% | 0.1% |
| NBKC BANK | $1,600,000 | $2,835,000 | 77.2% | 0.1% |
| Stifel Bank and Trust | $3,115,000 | $2,810,000 | -9.8% | 0.1% |
| Lake Trust Credit Union | $1,925,000 | $2,775,000 | 44.2% | 0.1% |
| Coastal Community Bank | $2,805,000 | $2,750,000 | -2.0% | 0.1% |
| GVC MORTGAGE, INC. | $3,440,000 | $2,670,000 | -22.4% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $1,310,000 | $2,645,000 | 101.9% | 0.0% |
| Kellogg Community Credit Union | $2,485,000 | $2,630,000 | 5.8% | 0.0% |
| PREMIA MORTGAGE, LLC | $405,000 | $2,620,000 | 546.9% | 0.0% |
| STAUNTON FINANCIAL, INC. | $2,430,000 | $2,595,000 | 6.8% | 0.0% |
| EVERETT FINANCIAL, INC. | $980,000 | $2,500,000 | 155.1% | 0.0% |
| ADVIA | $1,450,000 | $2,470,000 | 70.3% | 0.0% |
| OAK MORTGAGE, LLC | $740,000 | $2,385,000 | 222.3% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $1,175,000 | $2,375,000 | 102.1% | 0.0% |
| THE ANDERSON FINANCIAL GROUP, INC. | $630,000 | $2,320,000 | 268.3% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,140,000 | $2,315,000 | 103.1% | 0.0% |
| Truist | $560,000 | $2,315,000 | 313.4% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $265,000 | $2,285,000 | 762.3% | 0.0% |
| GREENSTATE CREDIT UNION | $3,825,000 | $2,275,000 | -40.5% | 0.0% |
| CIBC Bank USA | $625,000 | $2,250,000 | 260.0% | 0.0% |
| Citibank | $4,450,000 | $2,250,000 | -49.4% | 0.0% |
| RF Renovo Management Company, LLC | $1,095,000 | $2,245,000 | 105.0% | 0.0% |
| The Federal Savings Bank | $3,705,000 | $2,245,000 | -39.4% | 0.0% |
| SPRING EQ, LLC | $1,450,000 | $2,240,000 | 54.5% | 0.0% |
| J. VIRGIL, INC. | $6,700,000 | $2,230,000 | -66.7% | 0.0% |
| BMO Harris Bank | $2,910,000 | $2,185,000 | -24.9% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $6,280,000 | $2,180,000 | -65.3% | 0.0% |
| STOCKTON MORTGAGE CORPORATION | $4,180,000 | $2,050,000 | -51.0% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $1,195,000 | $2,020,000 | 69.0% | 0.0% |
| Wildfire Credit Union | $285,000 | $2,005,000 | 603.5% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,530,000 | $1,995,000 | -21.1% | 0.0% |
| COMMUNITY CHOICE CREDIT UNION | $1,760,000 | $1,990,000 | 13.1% | 0.0% |
| LENDINGONE, LLC | $1,195,000 | $1,990,000 | 66.5% | 0.0% |
| First State Bank | $560,000 | $1,965,000 | 250.9% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $1,230,000 | $1,965,000 | 59.8% | 0.0% |
| BAY EQUITY LLC | $2,020,000 | $1,940,000 | -4.0% | 0.0% |
| UNITED MORTGAGE CORP | $1,875,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $1,300,000 | $1,830,000 | 40.8% | 0.0% |
| ZILLOW HOME LOANS, LLC | $2,540,000 | $1,830,000 | -28.0% | 0.0% |
| Best Financial Credit Union | $1,475,000 | $1,825,000 | 23.7% | 0.0% |
| ENVOY MORTGAGE, LTD | $2,950,000 | $1,815,000 | -38.5% | 0.0% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $175,000 | $1,810,000 | 934.3% | 0.0% |
| OceanFirst Bank | $485,000 | $1,785,000 | 268.0% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,770,000 | n/a | 0.0% | |
| BNY Mellon | $1,755,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $965,000 | $1,735,000 | 79.8% | 0.0% |
| LIMA ONE CAPITAL, LLC | $1,410,000 | $1,730,000 | 22.7% | 0.0% |
| The Shelby State Bank | $265,000 | $1,640,000 | 518.9% | 0.0% |
| PHH Mortgage Corporation | $5,255,000 | $1,630,000 | -69.0% | 0.0% |
| University Bank | $610,000 | $1,630,000 | 167.2% | 0.0% |
| AMERICAN FINANCIAL NETWORK, INC. | $565,000 | $1,620,000 | 186.7% | 0.0% |
| City National Bank | $1,615,000 | n/a | 0.0% | |
| LOANPAL, LLC | $1,600,000 | n/a | 0.0% | |
| POLARIS HOME FUNDING CORP. | $2,450,000 | $1,545,000 | -36.9% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $795,000 | $1,540,000 | 93.7% | 0.0% |
| First Independence Bank | $1,520,000 | n/a | 0.0% | |
| Magnolia Bank | $305,000 | $1,480,000 | 385.2% | 0.0% |
| COMPASS MORTGAGE, INC. | $1,725,000 | $1,455,000 | -15.7% | 0.0% |
| UNIVERSITY OF MICHIGAN CREDIT UNION | $695,000 | $1,450,000 | 108.6% | 0.0% |
| Eaton Community Bank | $170,000 | $1,430,000 | 741.2% | 0.0% |
| My Personal Credit Union | $1,560,000 | $1,425,000 | -8.7% | 0.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,575,000 | $1,395,000 | -11.4% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $905,000 | $1,385,000 | 53.0% | 0.0% |
| The State Bank | $755,000 | $1,385,000 | 83.4% | 0.0% |
| First Federal Bank | $545,000 | $1,375,000 | 152.3% | 0.0% |
| Ally Bank | $2,890,000 | $1,345,000 | -53.5% | 0.0% |
| GENISYS | $1,625,000 | $1,315,000 | -19.1% | 0.0% |
| Commerce Home Mortgage, Inc. | $640,000 | $1,310,000 | 104.7% | 0.0% |
| MOVEMENT MORTGAGE, LLC | $2,105,000 | $1,295,000 | -38.5% | 0.0% |
| NexBank | $1,485,000 | $1,270,000 | -14.5% | 0.0% |
| LAFCU | $1,530,000 | $1,255,000 | -18.0% | 0.0% |
| HOMESTEAD FUNDING CORP. | $1,220,000 | $1,195,000 | -2.0% | 0.0% |
| Beeline Loans, Inc. | $1,185,000 | n/a | 0.0% | |
| MILEND, INC. | $1,160,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $1,710,000 | $1,145,000 | -33.0% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $1,110,000 | n/a | 0.0% | |
| MEMBERS FIRST Credit Union | $2,225,000 | $1,100,000 | -50.6% | 0.0% |
| Quontic Bank | $600,000 | $1,095,000 | 82.5% | 0.0% |
| DELMAR FINANCIAL COMPANY | $485,000 | $1,050,000 | 116.5% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $660,000 | $1,035,000 | 56.8% | 0.0% |
| Parda Federal Credit Union | $900,000 | $1,035,000 | 15.0% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $985,000 | n/a | 0.0% | |
| First Federal Savings and Loan Association of Lakewood | $11,840,000 | $965,000 | -91.8% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $965,000 | n/a | 0.0% | |
| Farmers Bank & Trust | $945,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $1,855,000 | $940,000 | -49.3% | 0.0% |
| West Michigan Credit Union | $1,785,000 | $915,000 | -48.7% | 0.0% |
| AMERITRUST MORTGAGE CORPORATION | $245,000 | $905,000 | 269.4% | 0.0% |
| KeyBank | $1,260,000 | $895,000 | -29.0% | 0.0% |
| BLG HOLDINGS, INC. | $650,000 | $835,000 | 28.5% | 0.0% |
| Leader Bank | $835,000 | n/a | 0.0% | |
| Frankenmuth Credit Union | $2,330,000 | $830,000 | -64.4% | 0.0% |
| VIBE CREDIT UNION | $185,000 | $815,000 | 340.5% | 0.0% |
| Peoples Bank | $465,000 | $810,000 | 74.2% | 0.0% |
| Nicolet National Bank | $265,000 | $800,000 | 201.9% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $2,670,000 | $790,000 | -70.4% | 0.0% |
| State Department Federal Credit Union | $635,000 | $785,000 | 23.6% | 0.0% |
| COMMUNITY FINANCIAL CREDIT UNION | $1,820,000 | $780,000 | -57.1% | 0.0% |
| INSPIRE HOME LOANS INC. | $780,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $345,000 | $770,000 | 123.2% | 0.0% |
| The Central Trust Bank | $585,000 | $765,000 | 30.8% | 0.0% |
| SOUTHWEST FUNDING, LP | $745,000 | n/a | 0.0% | |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $1,290,000 | $715,000 | -44.6% | 0.0% |
| Thumb Bank and Trust | $495,000 | $700,000 | 41.4% | 0.0% |
| TEAM ONE CREDIT UNION | $755,000 | $690,000 | -8.6% | 0.0% |
| The State Bank and Trust Company | $685,000 | n/a | 0.0% | |
| Sunflower Bank | $205,000 | $670,000 | 226.8% | 0.0% |
| Nations Lending Corporation | $405,000 | $660,000 | 63.0% | 0.0% |
| Southern Bank | $645,000 | n/a | 0.0% | |
| Credence Funding Corporation | $640,000 | n/a | 0.0% | |
| Armed Forces Bank | $635,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $315,000 | $590,000 | 87.3% | 0.0% |
| DAS Acquisition Company, LLC | $790,000 | $590,000 | -25.3% | 0.0% |
| Dieterich Bank | $590,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group, Inc. | $3,940,000 | $590,000 | -85.0% | 0.0% |
| American Airlines Federal Credit Union | $145,000 | $575,000 | 296.6% | 0.0% |
| Axos Bank | $185,000 | $560,000 | 202.7% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $560,000 | n/a | 0.0% | |
| PROPER RATE, LLC | $1,115,000 | $560,000 | -49.8% | 0.0% |
| Citadel Servicing Corporation | $380,000 | $555,000 | 46.1% | 0.0% |
| Bethpage Federal Credit Union | $520,000 | $545,000 | 4.8% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $400,000 | $545,000 | 36.3% | 0.0% |
| UIF CORPORATION | $670,000 | $545,000 | -18.7% | 0.0% |
| MORTGAGE ACCESS CORP. | $660,000 | $535,000 | -18.9% | 0.0% |
| Ixonia Bank | $505,000 | $525,000 | 4.0% | 0.0% |
| RBC Bank, (Georgia) | $740,000 | $520,000 | -29.7% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $155,000 | $510,000 | 229.0% | 0.0% |
| LENDSURE MORTGAGE CORP. | $275,000 | $500,000 | 81.8% | 0.0% |
| CANOPY MORTGAGE, LLC | $495,000 | n/a | 0.0% | |
| Community First Bank of Indiana | $495,000 | n/a | 0.0% | |
| Wheaton Bank & Trust | $495,000 | n/a | 0.0% | |
| Notre Dame Federal Credit Union Corporation | $1,075,000 | $485,000 | -54.9% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $620,000 | $480,000 | -22.6% | 0.0% |
| RESIDENTIAL BANCORP | $480,000 | n/a | 0.0% | |
| Associated Bank | $475,000 | n/a | 0.0% | |
| Centier Bank | $2,810,000 | $460,000 | -83.6% | 0.0% |
| Leaders Credit Union | $445,000 | n/a | 0.0% | |
| US MORTGAGE CORPORATION | $445,000 | n/a | 0.0% | |
| 1st Source Bank | $10,220,000 | $425,000 | -95.8% | 0.0% |
| Atlantic Coast Mortgage, LLC | $415,000 | n/a | 0.0% | |
| Baxter Credit Union | $1,865,000 | $415,000 | -77.7% | 0.0% |
| AMWEST FUNDING CORP. | $560,000 | $405,000 | -27.7% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $795,000 | $405,000 | -49.1% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $405,000 | n/a | 0.0% | |
| Bay Bank | $385,000 | n/a | 0.0% | |
| Peoples Bank | $465,000 | $385,000 | -17.2% | 0.0% |
| UNITED HOME LOANS, INC. | $385,000 | n/a | 0.0% | |
| WINGS FINANCIAL | $1,620,000 | $385,000 | -76.2% | 0.0% |
| Academy Bank | $375,000 | n/a | 0.0% | |
| FINANCIAL PLUS CREDIT UNION | $370,000 | n/a | 0.0% | |
| Civista Bank | $365,000 | n/a | 0.0% | |
| CASE | $360,000 | n/a | 0.0% | |
| Key Mortgage Services, Inc. | $360,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $960,000 | $355,000 | -63.0% | 0.0% |
| Raymond James Bank | $1,180,000 | $350,000 | -70.3% | 0.0% |
| SIRVA MORTGAGE, INC. | $285,000 | $345,000 | 21.1% | 0.0% |
| OMNI Community Credit Union | $725,000 | $340,000 | -53.1% | 0.0% |
| EMBRACE HOME LOANS, INC. | $335,000 | n/a | 0.0% | |
| CoVantage Credit Union | $45,000 | $330,000 | 633.3% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $330,000 | n/a | 0.0% | |
| Arvest Bank | $325,000 | n/a | 0.0% | |
| NP, Inc. | $325,000 | n/a | 0.0% | |
| Peoples Bank | $465,000 | $325,000 | -30.1% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $315,000 | n/a | 0.0% | |
| STAR USA FEDERAL CREDIT UNION | $180,000 | $315,000 | 75.0% | 0.0% |
| THE EQUITABLE MORTGAGE CORPORATION | $315,000 | n/a | 0.0% | |
| ELGA CREDIT UNION | $195,000 | $305,000 | 56.4% | 0.0% |
| First National Bank of Michigan | $460,000 | $305,000 | -33.7% | 0.0% |
| RANLIFE, INC. | $305,000 | n/a | 0.0% | |
| Residential Mortgage Solutions, Inc. | $225,000 | $305,000 | 35.6% | 0.0% |
| CIBM Bank | $295,000 | n/a | 0.0% | |
| DIRECT MORTGAGE LOANS, LLC | $295,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $600,000 | $295,000 | -50.8% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $435,000 | $290,000 | -33.3% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $2,475,000 | $290,000 | -88.3% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $285,000 | n/a | 0.0% | |
| SUMMIT HOME MORTGAGE, LLC | $1,620,000 | $285,000 | -82.4% | 0.0% |
| UNITED FINANCIAL Credit Union | $275,000 | $280,000 | 1.8% | 0.0% |
| Lakeview Community Capital, LLC | $375,000 | $275,000 | -26.7% | 0.0% |
| MORIA DEVELOPMENT, INC. | $305,000 | $275,000 | -9.8% | 0.0% |
| KALSEE CREDIT UNION | $270,000 | n/a | 0.0% | |
| A&D Mortgage LLC | $265,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $265,000 | n/a | 0.0% | |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $255,000 | n/a | 0.0% | |
| GREENWOOD | $715,000 | $255,000 | -64.3% | 0.0% |
| INTERSTATE HOME LOAN CENTER, INC. | $395,000 | $255,000 | -35.4% | 0.0% |
| OAKTREE FUNDING CORP. | $485,000 | $255,000 | -47.4% | 0.0% |
| Washington Trust Bank | $255,000 | n/a | 0.0% | |
| GreenStone Farm Credit Services, ACA | $360,000 | $250,000 | -30.6% | 0.0% |
| CLEARPATH LENDING | $135,000 | $245,000 | 81.5% | 0.0% |
| Deere Employees Credit Union | $245,000 | n/a | 0.0% | |
| Elements Financial Federal Credit Union | $235,000 | n/a | 0.0% | |
| Signature Federal Credit Union | $155,000 | $230,000 | 48.4% | 0.0% |
| CORNERSTONE HOME LENDING, INC. | $145,000 | $225,000 | 55.2% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $225,000 | n/a | 0.0% | |
| Dort Financial Credit Union | $545,000 | $225,000 | -58.7% | 0.0% |
| GEORGIA'S OWN | $245,000 | $225,000 | -8.2% | 0.0% |
| TEACHERS CREDIT UNION | $535,000 | $215,000 | -59.8% | 0.0% |
| CORNERSTONE COMMUNITY FINANCIAL | $205,000 | n/a | 0.0% | |
| First Financial Bank | $205,000 | n/a | 0.0% | |
| NEW WAVE LENDING GROUP INC | $205,000 | n/a | 0.0% | |
| TOWER | $205,000 | n/a | 0.0% | |
| First Federal Savings Bank | $235,000 | $185,000 | -21.3% | 0.0% |
| HALLMARK HOME MORTGAGE, LLC | $185,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $185,000 | n/a | 0.0% | |
| ASTERA | $385,000 | $180,000 | -53.2% | 0.0% |
| DIGITAL Federal Credit Union | $180,000 | n/a | 0.0% | |
| HEALTH ADVANTAGE FEDERAL CREDIT UNION | $175,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $175,000 | n/a | 0.0% | |
| FOUNDATION MORTGAGE CORPORATION | $165,000 | n/a | 0.0% | |
| NEXERA HOLDING LLC | $1,215,000 | $165,000 | -86.4% | 0.0% |
| PURDUE FEDERAL CREDIT UNION | $165,000 | n/a | 0.0% | |
| First American Bank | $160,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $345,000 | $155,000 | -55.1% | 0.0% |
| Landmark National Bank | $155,000 | n/a | 0.0% | |
| NMSI, INC. | $155,000 | n/a | 0.0% | |
| Family Financial Credit Union | $25,000 | $135,000 | 440.0% | 0.0% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $375,000 | $125,000 | -66.7% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $435,000 | $125,000 | -71.3% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $125,000 | n/a | 0.0% | |
| Homestead Savings Bank | $115,000 | n/a | 0.0% | |
| Pacor Mortgage Corp | $115,000 | n/a | 0.0% | |
| First Community Bank | $2,285,000 | $110,000 | -95.2% | 0.0% |
| Public Service Credit Union | $25,000 | $105,000 | 320.0% | 0.0% |
| SOVITA Credit Union | $105,000 | n/a | 0.0% | |
| Bank of England | $325,000 | $95,000 | -70.8% | 0.0% |
| GERBER FEDERAL CREDIT UNION | $640,000 | $95,000 | -85.2% | 0.0% |
| MEMBER ADVANTAGE MORTGAGE, LLC | $95,000 | n/a | 0.0% | |
| Three Rivers Federal Credit Union | $780,000 | $95,000 | -87.8% | 0.0% |
| Network Funding, L.P. | $85,000 | n/a | 0.0% | |
| Service Federal Credit Union | $85,000 | n/a | 0.0% | |
| Connexus Credit Union | $325,000 | $65,000 | -80.0% | 0.0% |
| EVANSVILLE TEACHERS | $175,000 | $65,000 | -62.9% | 0.0% |
| GTE Federal Credit Union | $65,000 | n/a | 0.0% | |
| 1st State Financial, Ltd. | $405,000 | $55,000 | -86.4% | 0.0% |
| Sturgis Bank & Trust Company | $405,000 | $55,000 | -86.4% | 0.0% |
| Great Lakes Federal Credit Union | $45,000 | n/a | 0.0% | |
| M&T Bank | $680,000 | $45,000 | -93.4% | 0.0% |
| Polish-American Federal Credit Union | $490,000 | $35,000 | -92.9% | 0.0% |
| Southwest Airlines Federal Credit Union | $35,000 | n/a | 0.0% | |
| Park Lane Finance Solutions, LLC | $25,000 | n/a | 0.0% | |
| United Bay Community Credit Union | $95,000 | $25,000 | -73.7% | 0.0% |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $45,000 | $25,000 | -44.4% | 0.0% |
GRAND RAPIDS - KENTWOOD's top lender by overall market share is LAKE MICHIGAN CREDIT UNION, with 21.6% market share. In second place, with 6.0%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $328,640,000 in loans. In third place, with 5.4%, is The Huntington National Bank, having originated $295,205,000 in loans. In fourth place, with 4.4%, is QUICKEN LOANS, LLC, having originated $238,205,000 in loans. In fifth place, with 4.0%, is Fifth Third Bank, having originated $218,820,000 in loans.
GRAND RAPIDS - KENTWOOD Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - GRAND RAPIDS - KENTWOOD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $249,450 (-0.1%) | $312,008 (-12.8%) | 0.92 | 2,015 |
| 2018-02-01 | $255,703 (-1.6%) | $325,117 (-10.9%) | 0.93 | 1,843 |
| 2018-03-01 | $269,000 (-3.2%) | $335,985 (-11.5%) | 0.94 | 1,823 |
| 2018-04-01 | $274,900 (0.0%) | $349,463 (-2.8%) | 0.93 | 1,893 |
| 2018-05-01 | $274,950 (5.8%) | $348,787 (4.8%) | 0.92 | 2,102 |
| 2018-06-01 | $275,450 (10.2%) | $347,336 (8.3%) | 0.92 | 2,440 |
| 2018-07-01 | $274,500 (12.1%) | $341,002 (8.8%) | 0.92 | 2,630 |
| 2018-08-01 | $269,450 (12.3%) | $336,274 (9.9%) | 0.90 | 2,969 |
| 2018-09-01 | $265,000 (10.5%) | $331,637 (8.9%) | 0.89 | 3,032 |
| 2018-10-01 | $268,900 (12.1%) | $334,725 (9.3%) | 0.91 | 3,012 |
| 2018-11-01 | $266,475 (11.1%) | $331,275 (8.5%) | 0.90 | 2,896 |
| 2018-12-01 | $269,900 (12.5%) | $328,816 (8.3%) | 0.93 | 2,612 |
| 2019-01-01 | $269,900 (8.2%) | $325,933 (4.5%) | 0.93 | 2,325 |
| 2019-02-01 | $276,567 (8.2%) | $332,369 (2.2%) | 0.93 | 2,144 |
| 2019-03-01 | $282,929 (5.2%) | $346,650 (3.2%) | 0.93 | 2,137 |
| 2019-04-01 | $289,900 (5.5%) | $365,255 (4.5%) | 0.92 | 2,210 |
| 2019-05-01 | $289,900 (5.4%) | $366,137 (5.0%) | 0.91 | 2,364 |
| 2019-06-01 | $285,000 (3.5%) | $364,305 (4.9%) | 0.89 | 2,603 |
| 2019-07-01 | $284,950 (3.8%) | $360,727 (5.8%) | 0.89 | 2,826 |
| 2019-08-01 | $280,564 (4.1%) | $354,061 (5.3%) | 0.89 | 2,913 |
| 2019-09-01 | $274,059 (3.4%) | $345,757 (4.3%) | 0.88 | 3,017 |
| 2019-10-01 | $269,700 (0.3%) | $340,061 (1.6%) | 0.87 | 3,066 |
| 2019-11-01 | $269,900 (1.3%) | $341,909 (3.2%) | 0.88 | 2,793 |
| 2019-12-01 | $269,900 (0.0%) | $339,447 (3.2%) | 0.90 | 2,442 |
| 2020-01-01 | $275,900 (2.2%) | $340,896 (4.6%) | 0.92 | 2,100 |
| 2020-02-01 | $299,000 (8.1%) | $363,920 (9.5%) | 0.98 | 1,930 |
| 2020-03-01 | $299,900 (6.0%) | $368,057 (6.2%) | 0.94 | 1,873 |
| 2020-04-01 | $299,950 (3.5%) | $374,854 (2.6%) | 0.94 | 1,882 |
| 2020-05-01 | $310,000 (6.9%) | $390,759 (6.7%) | 0.94 | 2,078 |
| 2020-06-01 | $309,900 (8.7%) | $402,018 (10.4%) | 0.91 | 1,920 |
| 2020-07-01 | $307,400 (7.9%) | $400,371 (11.0%) | 0.89 | 1,792 |
| 2020-08-01 | $300,000 (6.9%) | $393,541 (11.2%) | 0.86 | 1,710 |
| 2020-09-01 | $299,450 (9.3%) | $396,470 (14.7%) | 0.86 | 1,551 |
| 2020-10-01 | $289,900 (7.5%) | $384,339 (13.0%) | 0.83 | 1,542 |
| 2020-11-01 | $295,949 (9.7%) | $390,679 (14.3%) | 0.87 | 1,403 |
| 2020-12-01 | $299,900 (11.1%) | $393,396 (15.9%) | 0.89 | 1,169 |
| 2021-01-01 | $299,950 (8.7%) | $393,433 (15.4%) | 0.90 | 970 |
| 2021-02-01 | $312,450 (4.5%) | $416,314 (14.4%) | 0.91 | 811 |
| 2021-03-01 | $309,500 (3.2%) | $414,162 (12.5%) | 0.88 | 797 |
| 2021-04-01 | $309,950 (3.3%) | $424,725 (13.3%) | 0.84 | 741 |
| 2021-05-01 | $309,900 (0.0%) | $432,564 (10.7%) | 0.82 | 803 |
| 2021-06-01 | $312,450 (0.8%) | $432,528 (7.6%) | 0.82 | 964 |
| 2021-07-01 | $299,900 (-2.4%) | $431,233 (7.7%) | 0.79 | 1,126 |
| 2021-08-01 | $304,950 (1.7%) | $430,116 (9.3%) | 0.81 | 1,210 |
| 2021-09-01 | $300,000 (0.2%) | $417,142 (5.2%) | 0.80 | 1,242 |
| 2021-10-01 | $299,900 (3.5%) | $406,021 (5.6%) | 0.80 | 1,215 |
| 2021-11-01 | $309,950 (4.7%) | $416,597 (6.6%) | 0.83 | 1,062 |
| 2021-12-01 | $304,331 (1.5%) | $415,013 (5.5%) | 0.82 | 851 |
| 2022-01-01 | $325,000 (8.4%) | $441,022 (12.1%) | 0.88 | 660 |
| 2022-02-01 | $341,500 (9.3%) | $445,726 (7.1%) | 0.89 | 576 |
| 2022-03-01 | $336,950 (8.9%) | $446,184 (7.7%) | 0.84 | 635 |
| 2022-04-01 | $349,900 (12.9%) | $448,139 (5.5%) | 0.83 | 699 |
| 2022-05-01 | $359,950 (16.2%) | $459,047 (6.1%) | 0.82 | 975 |
| 2022-06-01 | $374,950 (20.0%) | $461,006 (6.6%) | 0.84 | 1,248 |
| 2022-07-01 | $375,000 (25.0%) | $461,956 (7.1%) | 0.84 | 1,493 |
| 2022-08-01 | $374,950 (23.0%) | $462,280 (7.5%) | 0.87 | 1,551 |
| 2022-09-01 | $362,450 (20.8%) | $450,867 (8.1%) | 0.85 | 1,534 |
| 2022-10-01 | $354,900 (18.3%) | $444,510 (9.5%) | 0.84 | 1,533 |
| 2022-11-01 | $352,450 (13.7%) | $435,383 (4.5%) | 0.85 | 1,504 |
| 2022-12-01 | $359,900 (18.3%) | $432,590 (4.2%) | 0.89 | 1,262 |
| 2023-01-01 | $366,218 (12.7%) | $451,939 (2.5%) | 0.91 | 1,079 |
| 2023-02-01 | $397,400 (16.4%) | $482,074 (8.2%) | 0.96 | 936 |
| 2023-03-01 | $399,425 (18.5%) | $501,346 (12.4%) | 0.94 | 885 |
| 2023-04-01 | $404,900 (15.7%) | $516,285 (15.2%) | 0.94 | 913 |
| 2023-05-01 | $410,221 (14.0%) | $521,961 (13.7%) | 0.93 | 971 |
| 2023-06-01 | $414,925 (10.7%) | $533,586 (15.7%) | 0.93 | 1,049 |
| 2023-07-01 | $402,450 (7.3%) | $527,804 (14.3%) | 0.91 | 1,155 |
| 2023-08-01 | $399,900 (6.7%) | $520,599 (12.6%) | 0.92 | 1,300 |
| 2023-09-01 | $396,200 (9.3%) | $502,105 (11.4%) | 0.92 | 1,393 |
| 2023-10-01 | $389,950 (9.9%) | $502,421 (13.0%) | 0.92 | 1,488 |
| 2023-11-01 | $389,325 (10.5%) | $501,773 (15.3%) | 0.93 | 1,354 |
| 2023-12-01 | $389,900 (8.3%) | $505,455 (16.8%) | 0.95 | 1,142 |
| 2024-01-01 | $399,900 (9.2%) | $525,251 (16.2%) | 0.98 | 990 |
| 2024-02-01 | $409,950 (3.2%) | $540,227 (12.1%) | 0.99 | 918 |
| 2024-03-01 | $415,000 (3.9%) | $544,284 (8.6%) | 0.98 | 940 |
| 2024-04-01 | $407,450 (0.6%) | $542,917 (5.2%) | 0.95 | 1,071 |
| 2024-05-01 | $412,500 (0.6%) | $569,788 (9.2%) | 0.94 | 1,175 |
| 2024-06-01 | $409,900 (-1.2%) | $541,623 (1.5%) | 0.93 | 1,357 |
| 2024-07-01 | $399,950 (-0.6%) | $529,191 (0.3%) | 0.91 | 1,575 |
| 2024-08-01 | $399,900 (0.0%) | $527,844 (1.4%) | 0.93 | 1,678 |
| 2024-09-01 | $389,675 (-1.7%) | $514,018 (2.4%) | 0.92 | 1,849 |
| 2024-10-01 | $377,000 (-3.3%) | $498,731 (-0.7%) | 0.89 | 1,926 |
| 2024-11-01 | $374,900 (-3.7%) | $485,271 (-3.3%) | 0.90 | 1,824 |
| 2024-12-01 | $375,000 (-3.8%) | $491,161 (-2.8%) | 0.93 | 1,502 |
| 2025-01-01 | $374,500 (-6.4%) | $487,650 (-7.2%) | 0.94 | 1,305 |
| 2025-02-01 | $384,725 (-6.2%) | $500,665 (-7.3%) | 0.93 | 1,192 |
| 2025-03-01 | $385,000 (-7.2%) | $493,620 (-9.3%) | 0.91 | 1,198 |
| 2025-04-01 | $397,000 (-2.6%) | $516,373 (-4.9%) | 0.92 | 1,236 |
| 2025-05-01 | $399,900 (-3.1%) | $524,198 (-8.0%) | 0.91 | 1,528 |
GRAND RAPIDS - KENTWOOD's median listing price for 2025-05-01 was $399,900, a difference of
$-12,600
(-3.1%) versus the prior year and
$2,900 versus the prior month.
GRAND RAPIDS - KENTWOOD's median listing price comes in at 91% of the national average.
GRAND RAPIDS - KENTWOOD's average listing price for 2025-05-01 was $524,198, a difference of $-45,590 (-8.0%) versus the prior year and $7,825 versus the prior month.
For the 2025-05-01 period, GRAND RAPIDS - KENTWOOD had 1,528 MLS listings, a difference of 292 listings (24%) versus the prior month and 353 listings (30%) versus the prior year.
GRAND RAPIDS - KENTWOOD's median listing price comes in at 91% of the national average.
GRAND RAPIDS - KENTWOOD's average listing price for 2025-05-01 was $524,198, a difference of $-45,590 (-8.0%) versus the prior year and $7,825 versus the prior month.
For the 2025-05-01 period, GRAND RAPIDS - KENTWOOD had 1,528 MLS listings, a difference of 292 listings (24%) versus the prior month and 353 listings (30%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - GRAND RAPIDS - KENTWOOD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 73 days | 2,027 sqft |
| 2018-02-01 | 62 days | 2,032 sqft |
| 2018-03-01 | 38 days | 2,047 sqft |
| 2018-04-01 | 33 days | 2,070 sqft |
| 2018-05-01 | 27 days | 2,092 sqft |
| 2018-06-01 | 29 days | 2,091 sqft |
| 2018-07-01 | 35 days | 2,101 sqft |
| 2018-08-01 | 34 days | 2,069 sqft |
| 2018-09-01 | 42 days | 2,040 sqft |
| 2018-10-01 | 46 days | 2,039 sqft |
| 2018-11-01 | 52 days | 2,032 sqft |
| 2018-12-01 | 65 days | 2,001 sqft |
| 2019-01-01 | 72 days | 1,969 sqft |
| 2019-02-01 | 71 days | 1,982 sqft |
| 2019-03-01 | 51 days | 2,013 sqft |
| 2019-04-01 | 36 days | 2,059 sqft |
| 2019-05-01 | 30 days | 2,074 sqft |
| 2019-06-01 | 32 days | 2,085 sqft |
| 2019-07-01 | 36 days | 2,100 sqft |
| 2019-08-01 | 38 days | 2,078 sqft |
| 2019-09-01 | 41 days | 2,045 sqft |
| 2019-10-01 | 43 days | 2,020 sqft |
| 2019-11-01 | 51 days | 2,000 sqft |
| 2019-12-01 | 65 days | 1,953 sqft |
| 2020-01-01 | 70 days | 1,940 sqft |
| 2020-02-01 | 65 days | 2,000 sqft |
| 2020-03-01 | 45 days | 2,027 sqft |
| 2020-04-01 | 52 days | 2,046 sqft |
| 2020-05-01 | 57 days | 2,070 sqft |
| 2020-06-01 | 39 days | 2,060 sqft |
| 2020-07-01 | 44 days | 2,059 sqft |
| 2020-08-01 | 43 days | 2,052 sqft |
| 2020-09-01 | 41 days | 2,029 sqft |
| 2020-10-01 | 40 days | 1,956 sqft |
| 2020-11-01 | 43 days | 1,910 sqft |
| 2020-12-01 | 55 days | 1,887 sqft |
| 2021-01-01 | 59 days | 1,861 sqft |
| 2021-02-01 | 39 days | 1,897 sqft |
| 2021-03-01 | 36 days | 1,911 sqft |
| 2021-04-01 | 32 days | 1,935 sqft |
| 2021-05-01 | 30 days | 1,932 sqft |
| 2021-06-01 | 27 days | 1,946 sqft |
| 2021-07-01 | 32 days | 1,944 sqft |
| 2021-08-01 | 31 days | 1,932 sqft |
| 2021-09-01 | 35 days | 1,912 sqft |
| 2021-10-01 | 36 days | 1,857 sqft |
| 2021-11-01 | 39 days | 1,870 sqft |
| 2021-12-01 | 45 days | 1,842 sqft |
| 2022-01-01 | 52 days | 1,874 sqft |
| 2022-02-01 | 36 days | 1,882 sqft |
| 2022-03-01 | 30 days | 1,874 sqft |
| 2022-04-01 | 25 days | 1,944 sqft |
| 2022-05-01 | 20 days | 1,994 sqft |
| 2022-06-01 | 24 days | 2,025 sqft |
| 2022-07-01 | 30 days | 2,058 sqft |
| 2022-08-01 | 35 days | 2,048 sqft |
| 2022-09-01 | 38 days | 2,008 sqft |
| 2022-10-01 | 39 days | 2,007 sqft |
| 2022-11-01 | 43 days | 1,963 sqft |
| 2022-12-01 | 56 days | 1,961 sqft |
| 2023-01-01 | 64 days | 1,959 sqft |
| 2023-02-01 | 52 days | 2,003 sqft |
| 2023-03-01 | 44 days | 2,018 sqft |
| 2023-04-01 | 39 days | 2,070 sqft |
| 2023-05-01 | 33 days | 2,074 sqft |
| 2023-06-01 | 32 days | 2,100 sqft |
| 2023-07-01 | 33 days | 2,061 sqft |
| 2023-08-01 | 35 days | 2,052 sqft |
| 2023-09-01 | 37 days | 2,010 sqft |
| 2023-10-01 | 41 days | 1,973 sqft |
| 2023-11-01 | 44 days | 1,963 sqft |
| 2023-12-01 | 53 days | 1,952 sqft |
| 2024-01-01 | 60 days | 1,996 sqft |
| 2024-02-01 | 51 days | 1,966 sqft |
| 2024-03-01 | 37 days | 2,006 sqft |
| 2024-04-01 | 32 days | 2,007 sqft |
| 2024-05-01 | 27 days | 2,020 sqft |
| 2024-06-01 | 31 days | 1,994 sqft |
| 2024-07-01 | 34 days | 2,003 sqft |
| 2024-08-01 | 35 days | 2,000 sqft |
| 2024-09-01 | 37 days | 1,975 sqft |
| 2024-10-01 | 39 days | 1,938 sqft |
| 2024-11-01 | 46 days | 1,912 sqft |
| 2024-12-01 | 56 days | 1,905 sqft |
| 2025-01-01 | 65 days | 1,879 sqft |
| 2025-02-01 | 56 days | 1,876 sqft |
| 2025-03-01 | 38 days | 1,862 sqft |
| 2025-04-01 | 33 days | 1,883 sqft |
| 2025-05-01 | 31 days | 1,940 sqft |
GRAND RAPIDS - KENTWOOD's median listing age (time on market) for 2025-05-01 was 31 days.
This
is 15%
longer
than the same period one year ago.
GRAND RAPIDS - KENTWOOD's median square footage for active listings during the 2025-05-01 period was 1,940 sqft. One year prior, the average listing was 2,020 sqft.
GRAND RAPIDS - KENTWOOD's median square footage for active listings during the 2025-05-01 period was 1,940 sqft. One year prior, the average listing was 2,020 sqft.
GRAND RAPIDS-KENTWOOD, MI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 11,433 | $3,488,615,000 | $305,136 |
| Refi | 3,707 | $862,095,000 | $232,559 |
| Home Improvement | 3,492 | $300,120,000 | $85,945 |
| Cash Out Refi | 2,848 | $540,740,000 | $189,867 |
| Other | 2,620 | $261,520,000 | $99,817 |
| NA | 2 | $410,000 | $205,000 |
Grand Rapids - Kentwood's most frequently cited loan purpose was Home Purchase, with 11,433 originations. The 2nd most popular reason was Refi, with 3,707 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 9,020 | $2,628,280,000 | $291,384 |
| Over 8% | 7,093 | $746,645,000 | $105,265 |
| 7-8% | 4,022 | $950,430,000 | $236,308 |
| 5-6% | 2,805 | $800,645,000 | $285,435 |
| 4-5% | 140 | $42,210,000 | $301,500 |
| <2.5% | 66 | $1,220,000 | $18,485 |
| 3-4% | 9 | $2,625,000 | $291,667 |
| 2.5-3% | 7 | $10,475,000 | $1,496,429 |
During 2024, Grand Rapids - Kentwood's most frequently originated rate bucket was 6-7%, with 9,020 originations.
Loan Sizing (GRAND RAPIDS-KENTWOOD, MI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 8,874 | $2,482,070,000 | $279,701 |
| $100,000 or less | 7,075 | $381,475,000 | $53,919 |
| $100k-200k | 5,508 | $805,560,000 | $146,253 |
| $400k-600k | 1,839 | $871,935,000 | $474,135 |
| $600k-1000k | 624 | $446,710,000 | $715,881 |
| $Over $1MM | 182 | $465,750,000 | $2,559,066 |
GRAND RAPIDS - KENTWOOD's loan sizing saw the bucket of loans from $200k-400k with 8,874 originations, totaling $2,482,070,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 7,578 | $2,394,110,000 | $315,929 |
| Under 20% | 4,582 | $241,000,000 | $52,597 |
| 60-80% | 4,424 | $1,424,510,000 | $321,996 |
| 20-40% | 3,811 | $457,895,000 | $120,151 |
| 40-60% | 2,229 | $534,755,000 | $239,908 |
| Over 100% | 107 | $43,515,000 | $406,682 |
GRAND RAPIDS - KENTWOOD's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 7,578 originations, totaling $2,394,110,000 in origination value.