Recorded investor purchases and holdings over the past year.
Data last updated
In Grand Rapids, investors own about 7 tracked properties across 4 active buyers, with a median investor purchase price near $190,000. 1 were acquired in the last 12 months.
Buying has slowed in Grand Rapids — 1 purchases over 12 months versus about 2 the year before, off roughly 50%. Less competition per contract, but also fewer buyers to place one with.
Investor ownership in Grand Rapids runs to roughly 7 properties, spread across 4 active buyers. Each averaged under 0.3 purchases over the last 12 months, so the pool is broad rather than concentrated: more names to work, with less riding on any single relationship.
The median investor purchase lands near $190,000. An average of $198,000 that close to the median means one price band describes nearly the whole market.
Strategy here skews to value-add / rehab, which accounts for 100.0% of tracked deals. Rehab-oriented money rewards deals other buyers pass on, so condition matters less here than margin.
Investor-held stock here dates to a median of 1887. With 100.0% built before 1980, expect pre-1978 disclosure obligations and aging mechanicals on most of what trades.
Within Grand Rapids, ZIP 43522 carries the heaviest investor activity — the obvious place to begin.
These numbers come from recorded purchases in this city, updated as new records land. They report what has already happened and are not a prediction or investment advice.