Is Grand Rapids, MN a buyer's market or a seller's market?
Grand Rapids, MN is a balanced market right now. There are 183 homes for sale, and at the current pace of sales it would take about 4.7 months to sell all of them.
The rule of thumb agents use: under three months of homes for sale favors sellers, over five months favors buyers, and in between is a fair fight. Grand Rapids, MN sits at 4.7.
Buyers and sellers are about evenly matched right now. The typical home took 39 days to go under contract, and 36% of sales closed above the asking price.
Source: Redfin's published market data for the Grand Rapids, MN area, through May 2026.
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More about the Grand Rapids, MN market
- When is the best month to sell a house in Grand Rapids, MN?
- How long does it take to sell a house in Grand Rapids, MN?
- Do homes sell above asking price in Grand Rapids, MN?
- Are home prices going up or down in Grand Rapids, MN?
- How many homes are for sale in Grand Rapids, MN?
- All Grand Rapids, MN housing numbers
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Figures come from Redfin's published market data for the Grand Rapids, MN area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.