| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $321,975 | -1.7% YoY |
| Median price per sq ft | $188 | 1,744 sq ft median |
| Median days on market | 50 | +6% YoY |
| Active listings | 153 | +20% YoY |
| New listings this month | 70 | June 2026 |
| Listings with a price cut | 23% | Share of active |
| Median sale price (closed) | $258,000 | +6.4% YoY |
| Sale-to-list ratio | 99.0% | Closed sales |
Metropolitan market · Michigan · June 2026 data
Big Rapids Real Estate Market
As of June 2026, the median home listed in Big Rapids, MI asks $321,975 — down 1.7% year over year. Homes sell in a median of 50 days, with 153 active listings and 23% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.
Median listing price
$321,975
▼ 1.7% YoY
Median $ / sq ft
$188
1,744 sq ft median
Median days on market
50
June 2026
Active listings
153
For sale now
New listings
70
June 2026
Listings with price cuts
23%
Share of active
Median sale price (closed)
$258,000
▲ 6.4% YoY · closed sales
Sale-to-list ratio
99.0%
Closed sales
Homes sold / month
48
Closed sales
Big Rapids housing market statistics
The table summarizes Big Rapids's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.
How have home prices changed in Big Rapids?
Big Rapids home prices are down 1.7% year over year and -2.4% month over month as of June 2026, at a $321,975 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Big Rapids MI · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Big Rapids MI · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Big Rapids?
Big Rapids has 153 active listings, 70 new this month, 68 pending as of June 2026. About 23% of active listings have cut their price, and inventory sits at 61% of its 2019 level — a balanced market by pace.
Is Big Rapids a good real estate investment?
Big Rapids scores 45/100 on WealthyBud's composite Investor Score, ranking #563 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
45/100
#563 of 932 covered metros
Big Rapids scores 45/100 on our composite Investor Score (#563 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 61% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 1.7% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Big Rapids ranks on the trending markets index.
How much is a monthly mortgage payment in Big Rapids?
A home at Big Rapids's $321,975 median listing runs about $1,616 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 5.43%
$1,451/mo
−$165/mo vs today
At today's rate · 6.43%
$1,616/mo
National weekly average
If rates rise 1% · 7.43%
$1,789/mo
+$172/mo vs today
Principal & interest on the $321,975 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.
What is driving the Big Rapids housing market?
Longer-run demand in Big Rapids shows up in 99 homes permitted in 2025; net migration of +149 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
99
▼ 14.7% vs 2024
2.5 per 1,000 residents
Net migration (2022–2023)
+149
▲ people, via tax-return records
net income flow +$7.66M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Strong wind
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
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ReadBig Rapids housing market FAQ
What is the median home price in Big Rapids?
As of June 2026, the median listing price in Big Rapids, MI is $321,975, down 1.7% year over year (source: public records and industry data). Figures cover the Big Rapids, MI metro area.
How much does it cost to buy a home in Big Rapids?
The median home listed in Big Rapids asks $321,975 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $1,616 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Big Rapids?
The median property in Big Rapids spends 50 days on the market, with 153 homes actively listed and 23% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in Big Rapids?
With a median 50 days on market and 23% of active listings carrying a price cut, Big Rapids reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Big Rapids a good place to invest in real estate?
Big Rapids scores 45/100 on WealthyBud's Investor Score, ranking #563 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Big Rapids?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Big Rapids and the wider Michigan market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Big Rapids, MI metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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