Garfield Park home values have risen over the past year, with the typical home value up 5.16 percent to about $265,000. This trails the broader Grand Rapids city value of roughly $302,000, which is up 5.96 percent year over year. Buyers are seeing fewer options than a year ago, as inventory is down 73.68 percent while pending sales have slipped 15.52 percent.
In March 2026, the median list price held near the value trend at about $269,000, rising a modest 0.58 percent from the prior month. Homes are spending about 19 days on the market, unchanged month over month but up 100 percent from a year earlier, signaling that properties are still moving quickly but not as fast as last year.
Current supply is especially tight, with only 10 homes on the market in March and just 39 new listings, down 51.85 percent from a year ago. Inventory also fell 50 percent from the prior month, and conditions are rated as a Seller's Market, supported by about 40 percent of homes selling above list and an average sale-to-list ratio near 0.98. Looking ahead to April 2026, projections show the typical home value edging up to around $277,500, with inventory potentially dropping to just 5 homes, so both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who understands these trends.
