The story of this market
The typical home in ZIP 49546 sells for about $465,000, or $220 per square foot.
Prices are up +4.4% from a year ago, so sellers still have some momentum. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,408 a month.
ZIP 49546 — Grand Rapids
The 49546 housing market shows resilience with a median sales price of $465,000, reflecting a 4.4% year-over-year increase. High demand for quality suburban housing, supported by strong school districts and proximity to major employers, continues to drive competitive conditions despite a slight increase in inventory.
This ZIP is ideal for family buyers and professionals who prioritize high-quality schools, suburban amenities, and a relatively short commute to the Grand Rapids employment core.
Median prices moved up 4.4% year over year.
Homes spend a median of 18 days on market with 2.1 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 99.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.7% · poverty 8.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 49546, Kent County MI
Crime rates in the 49546 area are generally lower than the regional average for the Grand Rapids metropolitan area, with property crime being the primary concern.
The area is served by highly-rated public school districts, including Forest Hills Public Schools, which are consistently recognized for academic excellence.
The region faces moderate risks related to severe winter weather and occasional wind events, with standard flood insurance requirements for properties located in designated low-lying zones.
Economic momentum is driven by proximity to the Grand Rapids medical and educational corridors, with ongoing residential infill and commercial development along the Cascade and 28th Street corridors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Residents typically rely on personal vehicles for commuting, with convenient access to I-96 and M-6 providing direct routes to downtown Grand Rapids and the surrounding employment hubs.
The area features extensive access to the Cascade Township park system, including trails, greenbelts, and proximity to the Thornapple River, alongside significant retail and dining options at the nearby Cascade and Centerpointe malls.
The rental market is characterized by low vacancy rates and consistent demand, driven by the area's desirability for families and professionals seeking proximity to major employers.
The economy is anchored by healthcare, education, and professional services, with significant employment contributions from nearby Grand Rapids medical centers and corporate headquarters.
The area is primarily served by highway corridors I-96 and M-6, with limited public transit options compared to the urban core.
Development is focused on infill projects and the revitalization of existing commercial corridors to support growing residential demand.
The Kent County Bureau of Equalization oversees assessment standards, ensuring uniformity across local taxing jurisdictions.
Parcels are subject to local school district taxes, Kent County library and health levies, and specific township utility assessments.
Property insurance premiums are stable, reflecting the area's low risk profile for major natural disasters.
Data retrieved from data.census.gov ZCTA-level tables.
Extensive trail system and recreational facilities.
Provides scenic views and recreational water access.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).