Housing Prices in Rapid River Township, MI
How much do homes in Rapid River Township, MI cost?
Median List Price
$199,900
$128/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in Rapid River Township was $199,900 in March 2024, up 18.5% from the previous year, and the median price per square foot was $128.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $79.9K | N/A |
2 Bedrooms | $139.9K | $138.9K | -0.7% |
3 Bedrooms | $179.5K | $220K | +22.6% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | $1.2M | $429K | -66.7% |
Summary: Rapid River Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 22.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 66.7%.
Median List Price Compared To Nearby Cities
Custer Township | $222.4K | $305K | +37.1% |
Alden | $289.9K | $379K | +30.7% |
Coldsprings Township | $201K | $243.5K | +21.1% |
Rapid River Township | $168.7K | $199.9K | +18.5% |
Rapid City | $549.9K | $389.9K | -29.1% |
Housing Supply in Rapid River Township, MI
How many homes are available in Rapid River Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Summary: The Rapid River Township real estate market had 3 homes for sale in March 2024, a 25.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 0 | 2 | +100.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Rapid River Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Days on Market for Rapid River Township, MI
How long does it take to sell a home in Rapid River Township, MI?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
143 Days | 41 Days | -70.9% |
Summary: Homes in Rapid River Township had an average listing age of 41 days in Mar 2024, down by 70.9% compared to the previous year.