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49503, Grand Rapids, MI Housing Market

Hyperlocal market intelligence for ZIP code 49503 in MI. Located in Kent County, MI. Part of the Grand Rapids, MI metro area.

PropertyIQ Score

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49503, Grand Rapids, MI market data

PropertyIQ Score 58F
Median Price
$295K
Rent (ZORI)
$2K
Median DOM
30 days
YoY
+7.0%
What drives the score
Home value YoY: +7.0%3-mo momentum: +1.0%Days on market: 30 daysPrice-reduced share: +9.1%
Data through Jun 2026 · Source: Zillow, Realtor.com

49503, Grand Rapids, MI Housing Market Overview

ZIP code 49503's median home value is $295K, up 7.0% over the past year. Homes here sell in a median 30 days. Its PropertyIQ Score of 58 sits right around the state average of 50.

49503, Grand Rapids, MI is one of nearly 20,000 U.S. ZIP codes that PropertyIQ analyzes with AI-powered demand signal scoring. ZIP-level analysis provides the most hyperlocal view of housing market dynamics available, measuring how demand within 49503 compares to the MI state average and identifying outperformance potential before it appears in price data.

Midwestern ZIP codes frequently offer entry prices far below national medians, but performance varies dramatically even within the same city. PropertyIQ scores individual ZIP codes to identify which neighborhoods show the demand signals — fast sales, rising price momentum, few price cuts — that predict near-term appreciation. Within the Midwest, ZIP code 49503's PropertyIQ Score of 58 tracks near the Midwest norm.

For 49503, Grand Rapids, MI, PropertyIQ updates a hyperlocal score each month from four signals: twelve-month and three-month Zillow home-value momentum, Realtor.com median days on market, and the Realtor.com share of price-reduced listings. The score is computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a value above 50 means this ZIP's demand dynamics read stronger than its state. ZIP-level analysis captures neighborhood variation that county and metro scores smooth over.

Explore 49503, Grand Rapids, MI's full market profile including ZIP-level score trends, home value data, and comparisons with neighboring ZIP codes. Use the interactive map to visualize demand signals across the area and identify hyperlocal investment opportunities.

49503, Grand Rapids, MI is located in Kent County, MI.

This ZIP code is part of the Grand Rapids, MI metro area.

Market data through June 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.