![We Don’t Have Enough Real Estate Agents In GR](http://townsquare.media/site/46/files/2021/03/tierra-mallorca-rgJ1J8SDEAY-unsplash.jpg?w=980&q=75)
We Don’t Have Enough Real Estate Agents In GR
Is there a shortage of real estate agents in Grand Rapids? According to the national ratio, the answer is yes.
The Grand Rapids real estate market is a little weird right now, with low inventories driving housing prices up. To make matters worse, a national study shows that we have a low ratio of real estate agents to working residents, which kind of indicates we may not have enough real estate agents here.
Which I have a hard time believing, but data is data.
The report, done by the Inspection Support Network shows that the Grand Rapids metro ranks third among large cities in terms of having the lowest number of real estate agents.
The study used the average of licensed agents per employed people to demonstrate the shortage. The GR metro has about .428 agents per thousand employees. That's well below the national average of 1.105 per thousand.
Of cities the same size, only Rochester, NY and Providence, RI have less agents.
3. Grand Rapids-Wyoming, MI
- Concentration of real estate agents (compared to U.S. average): -61.0%
- Number of real estate agents per thousand employees: 0.428
- Median wage for real estate agents: $42,890
- Median home price: $243,990
LOOK: Here are the best small towns to live in across America
More From 97.9 WGRD
![Michigan, Check Your Fridge! More Thank 200K Pounds of Deli Meat Recalled](http://townsquare.media/site/43/files/2024/07/attachment-Untitled-design-2024-07-26T171114.284.jpg?w=980&q=75)
![What Happened to The Great Lakes’ ‘Holy Grail’ Of Shipwrecks?](http://townsquare.media/site/43/files/2024/07/attachment-lake-michigan-le-griffon-shipwreck.jpg?w=980&q=75)
![Visit One Of Michigan’s 12 Stunning Old Growth Forests](http://townsquare.media/site/43/files/2024/07/attachment-Old-growth-forest-michigan.jpg?w=980&q=75)
![Ominous Building on Muskegon Lake Turns Heads](http://townsquare.media/site/43/files/2024/07/attachment-Ominous-collage.jpg?w=980&q=75)
![Hulk Hogan Cuts Promo For Detroit Lions With Dan Campbell](http://townsquare.media/site/43/files/2024/07/attachment-Hulkamania-Hulk-Campbell.jpg?w=980&q=75)
![Study Finds Grand Rapids Among Best Run Cities in U.S., Top in Michigan](http://townsquare.media/site/43/files/2024/07/attachment-Untitled-design-2024-07-26T101932.052.jpg?w=980&q=75)
![Michigan Street Poutine Week Returns to Grand Rapids in 2024](http://townsquare.media/site/43/files/2023/08/attachment-Untitled-design-2023-08-23T144658.341.jpg?w=980&q=75)
![Staycation: How About a Sweet New Cabin at Pictured Rocks?](http://townsquare.media/site/43/files/2024/07/attachment-Stayca-collage.jpg?w=980&q=75)
![Expert Reveals Michigander’s Biggest Worry On Vacation](http://townsquare.media/site/43/files/2024/07/attachment-bad-sleep-vacation.jpg?w=980&q=75)