The story of this market
The typical home in ZIP 49401 sells for about $429,900, or $215 per square foot.
Prices are up +3.5% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,114 a month.
ZIP 49401 — Allendale
The Allendale housing market is showing strong signs of growth, driven by consistent demand from the university community and new residential developments. Prices have appreciated steadily over the past year, and the market remains balanced with healthy inventory levels. Buyers are finding a competitive but accessible environment, supported by the area's stable economic foundation.
This ZIP is ideal for families seeking suburban living, university-affiliated staff, and investors looking for stable rental demand driven by the local student population.
Median prices moved up 3.5% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.2% · poverty 26.3% — a mixed stability 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 9.4%/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 8.0%/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 49401, Ottawa County MI
Crime rates in Allendale are generally low, with the area experiencing a stable trend that compares favorably to regional averages in Ottawa County.
The area is primarily served by Allendale Public Schools, which maintains a solid reputation for academic performance and community engagement.
The region faces standard Midwestern climate risks, including seasonal severe storms and winter weather, with flood risks primarily localized to specific low-lying areas near the Grand River.
Allendale is experiencing steady growth driven by its proximity to Grand Valley State University and ongoing residential development projects catering to both students and families.
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 primarily commute via M-45 (Lake Michigan Drive) toward Grand Rapids, which serves as the primary employment and commercial hub for the region.
The area features access to the Grand River, several local parks, and proximity to the recreational amenities of Grand Valley State University, including trails and sports facilities.
The rental market is heavily influenced by the student population, resulting in high demand and consistent occupancy rates, with a mix of apartment complexes and single-family rentals.
The economy is anchored by Grand Valley State University and supported by a mix of retail, service, and light industrial businesses serving the growing population.
Transportation is primarily car-dependent, with M-45 serving as the main artery connecting the area to the broader Grand Rapids metropolitan transit network.
Development is focused on expanding residential capacity and improving infrastructure along the M-45 corridor to accommodate population growth.
The Ottawa County Equalization Department oversees property assessments, ensuring compliance with state-mandated valuation standards.
Parcels are subject to local school district taxes and Ottawa County administrative levies, with no major MUD/PID districts reported.
Property insurance premiums are stable, reflecting the area's low exposure to major natural disasters compared to coastal regions.
Michigan has seen modest net domestic migration, with Allendale attracting residents due to its educational and employment opportunities.
Michigan operates as a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a comprehensive property disclosure statement detailing the condition of the home and any known defects.
Data retrieved from data.census.gov ZCTA 49401 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Craig's Cruisers - Grand Rapids4.415.6 mi
- Nelis' Dutch Village4.412.8 mi
- Dave & Buster's Kentwood4.119.3 mi
- Sky Zone Grand Rapids4.219.3 mi
- Main Event Grand Rapids4.218.6 mi
- Frederik Meijer Gardens & Sculpture Park4.818.4 mi
- Van Andel Arena4.514.1 mi
- DeVos Place4.514.1 mi
- Grand Rapids Downtown Market4.614.2 mi
- Founders Brewing Co4.314 mi
- John Ball Zoo4.612.5 mi
- Millennium Park4.710.4 mi
- Nelis' Dutch Village4.412.8 mi
- Veldheer Tulip Gardens4.311.4 mi
- Celebration Cinema Rivertown4.511.6 mi
- Frederik Meijer Gardens & Sculpture Park4.818.4 mi
- Windmill Island Gardens4.513.8 mi
- Grand Rapids Public Museum4.713.9 mi
- Grand Rapids Children's Museum4.614.3 mi
- Veldheer Tulip Gardens4.311.4 mi
- Millennium Park4.710.4 mi
- Blandford Nature Center4.810.9 mi
- Hager Park4.86.1 mi
- Helder Park4.710.2 mi
- Grand Ravines North County Park4.93.4 mi
- Macatawa Bay Yacht Club4.718.5 mi
- Eldean Shipyard4.118.7 mi
- Safe Harbor Grand Isle4.515.2 mi
- Yacht Basin Marina4.617.2 mi
- Keenan Marina4.415.4 mi
- Mines Golf Club4.311.9 mi
- Pigeon Creek Golf Course4.67 mi
- The Meadows at Grand Valley State University4.62.6 mi
- Sunnybrook Country Club4.79.6 mi
- Macatawa Golf Club4.712.1 mi
- RiverTown Crossings4.411.6 mi
- Meijer4.28.7 mi
- Meijer4.211.9 mi
- Meijer4.29 mi
- Meijer4.59.7 mi
- Gerald R. Ford International Airport4.622.4 mi
- Blodgett Memorial Medical Center Heliport4.616.6 mi
- Gerald R. Ford International Airport Viewing Park4.722.4 mi
- Muskegon County Airport (MKG)4.719.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Major anchor institution providing cultural and athletic events.
Features sports fields, trails, and picnic areas for residents.
Provides scenic views and recreational boating opportunities.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).