Grand Rapids, MN Real Estate Market Summary – September 8, 2026
In Grand Rapids, MN, the real estate market saw a total of 22 properties sold in the last 30 days, averaging 0.73 sales per day. The average sale price during this period was $388,410, with homes typically spending about 18 days on the market before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 22 |
| Sold Per Day | 1 every 1.36 days |
| Average SQFT | 2047 |
| Median Sales Price | $275,000 |
| Average Sales Price | $388,410 |
| Average Price Per SQFT | $209 |
| Average Days on Market | 18 |
| Average Year Built | 1980 |
Grand Rapids, MN Single Family Home Analysis
For single-family homes, there were 20 properties sold, with an average price of $402,301. The average living area of these homes was 2,106 square feet, and they averaged 18 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 20 |
| Sold Per Day | 1 every 1.50 days |
| Average SQFT | 2106 |
| Median Sales Price | $285,000 |
| Average Sales Price | $402,301 |
| Average Price Per SQFT | $213 |
| Average Days on Market | 18 |
| Average Year Built | 1978 |
Grand Rapids, MN Condo & Townhome Analysis
In the condo and townhome sector, only 2 properties were sold, each with an average sale price of $249,500. These homes had a living area of 1,456 square feet and spent about 22 days on the market before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 2 |
| Sold Per Day | 1 every 15.00 days |
| Average SQFT | 1456 |
| Median Sales Price | $249,500 |
| Average Sales Price | $249,500 |
| Average Price Per SQFT | $172 |
| Average Days on Market | 22 |
| Average Year Built | 2005 |
Buyer & Seller Analysis
- Average pace of listings: 1 every 1.36 days across the total market.
- Average days on market before sale was 18 days for all homes.
- Median sale prices: $275,000 for all, $285,000 for single-family, and $249,500 for condo/townhomes.
- The average price per square foot for all sold properties was $209.
- Please note the state does not disclose sale prices.
Conclusion
Overall, the Grand Rapids market indicates a consistent level of activity, particularly in the single-family home segment. Prospective buyers and sellers can utilize this data for informed decision-making.