Housing in Big Rapids, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$249,000

Median List Price

$284,900

Price Per Sq Ft

$140

Days on Market

26

Active Inventory

18

Months of Supply

3.6

Seller's market

Zillow Home Value

$207,332

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 50.7%List Price 46.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

40.0%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

99.1%

Buyer's market

Sold Above Asking
40.0%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
5.6%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

4

Pending Sales

6

Homes Sold 44.4%New Listings 69.2%Pending 60.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$140

Median List $/SF

$163

Sale $/SF 28.4%List $/SF 56.7%Mar 24Jan 26

Big Rapids vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Big Rapids is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$134,200

Median Rent

$815

Total Housing Units

3,347

Vacancy Rate

16.5%

Owner Occupied

40.3%

Renter Occupied

59.7%

Median Property Tax

$2,343

per year

Monthly Cost (w/ Mortgage)

$967

Housing Types

Single Family
42.7%
Multi-Family
49.6%
Mobile Home
7.7%

The current median sale price in Big Rapids, MI is $249,000 according to Redfin data. Homes spend a median of 26 days on the market. 40.0% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $140. The median rent is $815 per month (Census ACS). About 40.3% of housing units are owner-occupied. The median year homes were built is 1970. There are 3,347 total housing units.