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Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Grand Rapids, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Grand Rapids, MI and much more. Save thousands at closing with home foreclosure listings in Grand Rapids, MI — up to 75% off market value!
Grand Rapids is located in Kent, Michigan, with an estimated municipal population of 201,013 residents. All of the best foreclosed homes for sale in Grand Rapids are located in the following zip code areas on Foreclosure.com: 49546 49507 49506 49505 49504 49503 49508 49501 49502 49514 49515 49523 49555 49588 49599. The estimated population per square kilometer (.62 miles) in Grand Rapids is 1,734.
So, about how much do homes cost in Grand Rapids? The most recent median value of resident-owned homes in Grand Rapids is 142,966. An estimated 55.4 percent of households in Grand Rapids own their homes, with an average family size of 3.25. The median household income in Grand Rapids is 50,103, with18.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Grand Rapids, the median commute time of resident workers (in minutes) is 19.1. And last, but certainly not least, are you looking for homes to rent in Grand Rapids? If so, the average rent price paid by renters in Grand Rapids is 925, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Grand Rapids, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Grand Rapids is 31.4, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Grand Rapids is 36.9, with an average family size of 3.25.
The percentage of residents who report their race in Grand Rapids is as follows:
| White | 67.2% |
| Black / African American | 18.6% |
| Asian | 2.4% |
| American Indian / Alaskan Native | 0.4% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 5.6% |
| Other | 5.7% |
Looking for family-friendly neighborhoods in and/or near Grand Rapids? Or maybe you are searching for 55+ active adult communities in and/or near Grand Rapids?
The percentage of residents who report their age in Grand Rapids is as follows:
| Under 10 | 13% |
| Aged 10-19 | 12.5% |
| 20s | 21.4% |
| 30s | 15.1% |
| 40s | 9.9% |
| 50s | 10.8% |
| 60s | 8.8% |
| 70s | 4.7% |
| 80+ | 3.6% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Grand Rapids with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Grand Rapids.
How do you know that living in -- or moving to -- Grand Rapids is right where you need to be? Perhaps you grew up in Grand Rapids or already live nearby; therefore, the decision to buy a home in Grand Rapids is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Grand Rapids for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Grand Rapids:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Grand Rapids.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Grand Rapids can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Grand Rapids, meanwhile, can field multiple offers from more qualified buyers.
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