Investor-grade market analytics for Grand Rapids-Kentwood, Michigan. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$338,550
+4.6% year-over-year
5.8%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Migration: Top 23% nationally
In-migrants avg $62,281 AGI vs out-migrants $65,653
Opportunity Zone Market
11 ZIP codes in Grand Rapids-Kentwood are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Grand Rapids-Kentwood, MI shows steady growth at 4.6% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 4.22x, below the national average of 4.8x. Modest net positive migration (+175 returns/year) provides steady demand support. Climate risk remains low (38/100), favorable for long-term investment stability. Rental yield of 5.83% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Grand Rapids-Kentwood, MI's primary climate exposure is wind storms (75/100). The composite climate risk score of 38/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.