Kentwood Housing Market Report

This is the Kentwood housing market report — numbers only. If you want the full tour of the area, watch the Living In video. Here I'm walking price, speed, supply, and the rate math, and telling you what each one actually means if you're transacting here in twenty twenty-six. Start with price. The number I use for Kentwood is three hundred forty thousand dollars — the mid-band between Zillow's typical-value index at three hundred nineteen thousand eight hundred, up four point two percent on the year, and Redfin's May sale median of three hundred forty-nine thousand eight hundred, down two-tenths of a percent. Against a Kent County median of three hundred thirty-five thousand, Kentwood prices essentially at the county line. Here's the whole market on one card. A three hundred forty thousand dollar median, fourteen days to pending, roughly fifty-five thousand nine hundred residents, against that same three hundred thirty-five thousand county median. Kentwood is the metro's price midpoint and one of its largest population bases at the same time. Now speed. Fourteen days to pending, against nine in the city of Grand Rapids and about thirteen countywide. Listing data tells the same story from the other side — homes carried a median twenty-four days on market this July, flat versus July a year ago. Nothing in this market is loosening. Here's my read. Kentwood sells at the county's price and near the county's speed, which sounds unremarkable until you notice almost nobody else in this metro does both. Ada runs nearly double. Wyoming runs fifty thousand under. Kentwood is the midpoint, and midpoints give you the least pricing drama and the most competition. Against the towns on its actual borders, the ladder is steep. Cascade at five hundred twenty thousand, Kentwood at three hundred forty, the city of Grand Rapids at three hundred four, and Wyoming at two hundred ninety. The widest step on this chart is the one above you, not the one below. That three hundred forty thousand puts you dead center of West Michigan's highest-volume tier. The entry band under two hundred fifty thousand runs a hundred seventy-nine percent pending-to-active ratio — more homes under contract than listed. The core band, two-fifty to five hundred, runs a hundred forty-nine. Above five hundred thousand it drops to eighty-six, and active listings finally outnumber deals. Kentwood's typical home lives in that middle bucket. Flip those same four towns to speed and the order rearranges. Cascade twenty-four days, Kentwood fourteen, Wyoming twelve, Grand Rapids nine. So you pay a hundred eighty thousand less than Cascade, and you get ten fewer days to decide. That is the trade this submarket asks you to make. Everything that moves this market is infrastructure. The Twenty-Eighth Street retail corridor, the airport just past the eastern city line, and the freeway access at Interstate Ninety-Six and M-Six. That is the demand base sitting underneath every number in this report. Supply. Kentwood is showing roughly a hundred forty active listings right now — a hundred forty-two on Redfin, a hundred thirty-seven on Zillow. Months of supply I have to give you at the county level: one point two months in Kent County, one point one across the Grand Rapids metro, against four to six for a balanced market. Same with list-to-sale. Ninety-eight point six percent is the metro figure, not a Kentwood-only figure, and I'd rather say that than fake the precision. One more structural number. Fifty-five thousand nine hundred residents makes Kentwood one of the largest municipalities in Kent County, and it sits about fifteen minutes from downtown Grand Rapids. Big population, county-median pricing, and a short commute is why turnover here stays high even when inventory does not. Then the cost of money. The thirty-year fixed averaged six point four nine percent in the Freddie Mac survey week ending July ninth, up from six point four three the week before, and down from six point seven two a year ago. The fifteen-year sat at five point eight two. On Kentwood's three hundred forty thousand dollar median with twenty percent down, that year-over-year improvement is worth about forty dollars a month. If you're buying here, the number that should shape your search is fourteen. Fourteen days to pending means the listing you found Saturday is usually spoken for by the next weekend. Get fully underwritten before you tour anything, then hunt the exceptions — anything past thirty days on market. Kentwood's median list price per square foot is two hundred dollars, down three percent from a year ago. The ceiling is not rising, so don't bid like it is. If you're selling here, your number is ninety-eight point six percent — the metro list-to-sale ratio. Price to today's comps and you keep almost all of your ask in about two weeks. Price to last spring's and you join the twenty-four-day crowd, where the only lever left is a reduction. Kentwood's four-bedroom two-stories trade between three hundred forty and four hundred forty thousand. Ask above that band and you are competing with Cascade at five hundred twenty, and Cascade takes twenty-four days to sell. Every figure in this report is a citywide median, and no median ever sold a house. Your street, your build year, your square footage move the number more than anything on these cards. Want the current number for your street? Reach out.