What the Pros Know

661,354

Population

0.4% YoY

2023

34.8

Median Age

2% YoY

2022

$76,247

Median Household Income

9.3% YoY

2022

383,097

Labor Force

0.4% MoM

2.2% YoY

7/2024

366,173

Employed

0% MoM

1.6% YoY

7/2024

4.4%

Unemployment Rate

10% MoM

15.8% YoY

7/2024

$349,000

Median Sale Price

2.6% MoM

5.8% YoY

8/2024

579

Homes Sold

5.5% MoM

5.7% YoY

8/2024

1.1

Months Inventory

10.7% MoM

28.5% YoY

8/2024

9

Days on Market

2 MoM

3 YoY

8/2024

626

Listings

1.0% MoM

21.6% YoY

8/2024

101.4%

Sale Price to List Price

0.6% MoM

2.0% YoY

8/2024

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Cities included in Kent County: Grand Rapids, Wyoming, Kentwood, Forest Hills, Walker, Cutlerville, Grandville, Northview, East Grand Rapids, Comstock Park, Byron Center, Rockford, Sparta, Lowell, Cedar Springs, Caledonia, Kent City, Casnovia, Cannonsburg


Zip Codes included in Kent County: [Click for zip code level data] 49301, 49302, 49306, 49315, 49316, 49319, 49321, 49326, 49330, 49331, 49341, 49343, 49345, 49418, 49503, 49504, 49505, 49506, 49507, 49508, 49509, 49512, 49519, 49525, 49544, 49546, 49548


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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