49505 — Grand Rapids, MI Home Values
Typical home value $305,362 as of August 2026 · 37th of 67 in Grand Rapids-Kentwood, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 49505, August 2021 to August 2026. This page shows observed data only; no forecast.
How 49505 compares in the Grand Rapids-Kentwood, MI area
ZIP code 49505 (Grand Rapids, MI) has a typical home value of $305,362 as of August 2026, ranking 37th of 67 ZIP codes tracked in the Grand Rapids-Kentwood, MI area, more expensive than about 46% of ZIP codes in the metro. Prices here have moved +3.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +26.3%, from $241,863 in August 2021 to $305,362 in August 2026. Against observed rent, the typical home here sells for 13.6× the annual rent ($1,875/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Grand Rapids-Kentwood, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Grand Rapids.
Population and demographics
ZIP code 49505 has a population of 32,224, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 70% White, 14.2% Black or African American, 6.5% Hispanic or Latino, 5.7% two or more races, 3.1% Asian, and 0.5% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Wellspring Preparatory High School | 1031 PAGE ST NE, GRAND RAPIDS, MI | 0.7 mi |
| Kent Hills Elementary | 1445 EMERALD AVE NE, GRAND RAPIDS, MI | 0.7 mi |
| Aberdeen Academy | 928 ABERDEEN ST NE, GRAND RAPIDS, MI | 0.8 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 49505?
$305,362 as of August 2026, the latest month Zillow has published observed data for.
Is 49505 an expensive ZIP code in the Grand Rapids-Kentwood, MI area?
49505 ranks 37th of 67 ZIP codes in the Grand Rapids-Kentwood, MI area by typical home value, more expensive than about 46% of ZIP codes in the metro.
How much have home values in 49505 changed over the past year?
+3.8% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 49505?
The typical home price is 13.6× the observed annual rent in this ZIP code ($1,875/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 49505?
32,224, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 49505?
Wellspring Preparatory High School (0.7 mi), Kent Hills Elementary (0.7 mi), Aberdeen Academy (0.8 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 49505?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Grand Rapids-Kentwood, MI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.