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Updated May 2026 · Redfin · 3-month window

49507 Real Estate Market Update: Grand Rapids, MI, May 2026

The latest housing-market numbers for ZIP code 49507 in Grand Rapids, Michigan, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 49507 · Grand Rapids, MI · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$258K▲ +3.2%▲ +2.2%
Days on market6• 0.0%• 0.0%
Homes for sale45▲ +15.4%▼ -54.1%
Sale-to-list102.5%▲ +1.4%▼ -1.3%
Homes sold129▲ +13.2%▼ -7.2%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 49507 numbers say

Prices in Grand Rapids's 49507 ZIP are still climbing. The median sale price reached $257,500, up 2.2% year over year. Homes here move fast: a typical listing goes under contract in about 6 days, and sellers are getting 102.5% of list price.

Based on 129 recent sales, 49507 is currently an active market.

What this means if you sell in 49507

Use these figures to set expectations early. Lead a listing appointment with the median price and the 6-day pace, show the year-over-year direction, and frame 49507 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 49507 housing market

What is the median home price in ZIP 49507 (Grand Rapids, MI)?
As of May 2026, the median sale price in ZIP 49507 is $257,500 (+2.2% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 49507 a buyer's or seller's market right now?
ZIP 49507 is currently an active market, based on a 102.5% sale-to-list ratio, about 6 days on market for May 2026.
How long do homes take to sell in ZIP 49507?
A typical listing in 49507 goes under contract in about 6 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 49507 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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<a href="https://getlokal.io/mi/zip/49507/" rel="dofollow">49507 Grand Rapids real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.