Housing Prices in Rapid River, MI
How much do homes in Rapid River, MI cost?
Median List Price
$174,500
$140/sqft
Based on all homes listed in March 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Rapid River has increased by 74.6% since February.
Summary: The median home list price in Rapid River was $174,500 in March 2024, up 74.6% from the previous month, and the median price per square foot was $140.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $99.9K | - | N/A |
| 3 Bedrooms | - | $174.5K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Rapid River housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Rapid River | $99.9K | $174.5K | +74.6% |
| Nahma Township | $290K | $338K | +16.6% |
Housing Supply in Rapid River, MI
How many homes are available in Rapid River, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Summary: The Rapid River real estate market had 2 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 0 | 2 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rapid River 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 remained the same.
Days on Market for Rapid River, MI
How long does it take to sell a home in Rapid River, MI?
Average Listing Age
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 85 Days | 21 Days | -74.9% |
Summary: Homes in Rapid River had an average listing age of 21 days in Mar 2024, down by 74.9% compared to the previous month.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.