Skip to main content

Area data

Grand rapids, MI — ZIP 49507

Population: 38,487 (Census ACS)

The median home value in ZIP 49507 (Grand rapids, MI) is $244,108 — up 1.5% over the past year. Homes sell for a median $252,500 after a median 18.5 days on market. Typical rent runs $1,637/month. 11 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with strongwind, coldwave, icestorm the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$244,108

Median home value

+1.5%

1-year change

18.5

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$244,108
1-year appreciation
+1.5%
3-year appreciation
+12.6%
5-year appreciation
+25.2%
10-year appreciation
+171.7%
All-time peak (2026-07)
$244,108
House Price Index (state)
387.5 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$252,500
Median list price
$265,000
Median price per sqft
$140
1-year sale-price change
+2.8%
Median days on market
18.5 days
Homes sold (recent period)
10
For-sale inventory
85
Sale-to-list ratio
98.8%
Active listings
4
1-year forecast
+2.0%
Days to pending
21 days
New listings (monthly)
51

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,637/mo
1-year rent change
+7.8%
Studio fair-market rent
$823/mo
1BR fair-market rent
$1,029/mo
2BR fair-market rent
$1,261/mo
3BR fair-market rent
$1,639/mo
4BR fair-market rent
$1,891/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
11
Elementary schools
6
Middle schools
2
High schools
2
Charter schools
3
School districts serving the area
Hope Academy of West Michigan, River City Scholars Charter Academy, Covenant House Academy Grand Rapids
Schools include
Hope Academy of West Michigan, River City Scholars Charter Academy, Covenant House Academy Grand Rapids, Burton Middle School, Southeast Career Pathways

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
strongWind, coldWave, iceStorm, inlandFlooding, tornado
Notable hazard ratings (county)
coldWave: Relatively High · earthquake: Relatively Low · hail: Relatively Moderate · heatWave: Relatively Moderate · iceStorm: Relatively High · inlandFlooding: Relatively High
FEMA flood zone
A04
Flood risk level
High
Wildfire risk to homes (county)
Higher than 11% of US counties
Buildings in wildfire direct-exposure zone
29.2%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
4
Nearest Superfund site
Chem Central (1.7 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
46.2 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
49
Days with Good air quality
188
Days with Moderate air quality
165
Days with Unhealthy air quality
2
Highest AQI recorded (year)
220

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
16.5 / 20
Transit service frequency
259
Jobs reachable by car (30 min)
102,623
Jobs reachable by transit (45 min)
77,474

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
35
Nearest airport
Weller Airport (7 mi)
Nearest major airport
Gerald R. Ford International Airport (GRR) (8 mi)
Hospitals nearby (~15 mi)
5
Hospitals include
SPECTRUM HEALTH, MERCY HEALTH SAINT MARY'S, UNIVERSITY OF MICHIGAN HEALTH - WEST
Avg hospital rating (CMS)
4.3 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-1,535 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,941
Housing built before 1970
87.8%
Housing built 2000 or later
6.6%
Median annual property tax
$1,950
Mean commute to work
18 min
Households with broadband internet
77.8%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
387,504
Average weekly wage
$1,152
Top industries (by employment)
Health Care, Administrative Services, Accommodation & Food
Annual residential building permits (county)
938

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 49507State medianUS median
Median home value$244,108$246,351$289,727
Median sale price$252,500$265,000$325,000
Median days on market19 days36 days51 days
Typical rent$1,637/mo$1,494/mo$1,808/mo
Median annual property tax$1,950$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 49507?
$244,108.
What is the median sale price in ZIP 49507?
$252,500.
How long do homes take to sell in ZIP 49507?
Median days on market: 18.5 days.
What is typical rent in ZIP 49507?
Typical rent: $1,637/month.
What is the natural-hazard risk in ZIP 49507?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: strongWind, coldWave, iceStorm, inlandFlooding, tornado.
Is ZIP 49507 in a flood zone?
High (FEMA NFIP). FEMA flood zone A04.
What is the wildfire risk in ZIP 49507?
Risk to homes is higher than 11% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 49507?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 49507?
4 current or proposed National Priorities List sites within 5 miles (EPA). Nearest site: Chem Central, 1.7 mi.
How many schools serve ZIP 49507?
11 schools (6 elementary, 2 middle, 2 high) (NCES, 2022-23).
Is ZIP 49507 walkable?
Walkability index: 16.5/20 (EPA Smart Location Database).
What is the air quality in ZIP 49507?
Good. Median AQI: 49. (EPA AQI).
What is the cost of living in ZIP 49507?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

Selling a home in Grand rapids, MI?

REAIGENT7 gives every listing its own AI assistant grounded in this same public data — it answers buyer questions about the home and the area, around the clock, and sends every lead to the listing agent. Agents: it installs on your listing page, your website, or WordPress.

Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents