Active Listings
12
⇩ 42.9% vs 21 last year
Data as of July 2026. Source: Realtor.com.
The ELK RAPIDS, MI real estate market (49629) currently shows 12 active listings, with 2 pending sales. Homes are averaging 76 days on the market before going under contract.
Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 76 days on market compared to 57 days last year.
The median listing price has fallen 8.2% year-over-year, from $501,000 to $460,000.
Whether you are buying or selling in ELK RAPIDS, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 2,067 · Density: 212.7/mi² · Median household income: $80,515
Typical home value: $326,423 · Homeownership: 83.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49629 | Elk Rapids, MI 49629 | 0.0 mi | 6 | $2,502,930 | $387,175 | $417,155 |
| 49676 | Rapid City, MI 49676 | 6.9 mi | 18 | $17,129,412 | $744,950 | $951,634 |
| 49686 | Traverse City, MI 49686 | 8.9 mi | 147 | $94,110,135 | $356,225 | $640,205 |
| 49615 | Bellaire, MI 49615 | 10.2 mi | 72 | $29,116,944 | $269,000 | $404,402 |
| 49682 | Suttons Bay, MI 49682 | 13.5 mi | 11 | $13,859,846 | $1,100,000 | $1,259,986 |
| 49696 | Traverse City, MI 49696 | 16.6 mi | 27 | $15,184,530 | $514,500 | $562,390 |
| 49653 | Lake Leelanau, MI 49653 | 17.0 mi | 6 | $7,925,880 | $995,000 | $1,320,980 |
| 49729 | Ellsworth, MI 49729 | 18.3 mi | 5 | $2,096,900 | $457,250 | $419,380 |
| 49621 | Cedar, MI 49621 | 18.9 mi | 12 | $7,086,072 | $630,500 | $590,506 |
| 49727 | East Jordan, MI 49727 | 21.0 mi | 26 | $24,356,150 | $421,175 | $936,775 |
| 49646 | Kalkaska, MI 49646 | 21.1 mi | 31 | $10,636,751 | $300,500 | $343,121 |
| 49664 | Maple City, MI 49664 | 24.4 mi | 7 | $9,661,260 | $1,250,000 | $1,380,180 |
| 49633 | Fife Lake, MI 49633 | 26.2 mi | 14 | $4,752,706 | $239,950 | $339,479 |
As of July 2026, there are 12 active listings in ELK RAPIDS, MI (zip code 49629), compared to 21 the prior year.
The median listing price in ELK RAPIDS, MI 49629 is $460,000 as of July 2026, a 8.2% decrease from $501,000 the prior year.
Homes in ELK RAPIDS, MI 49629 spend an average of 76 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of July 2026, ELK RAPIDS, MI 49629 is currently a Balanced Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 76 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in ELK RAPIDS, MI 49629 save an estimated $9,200 compared to a typical 5% commission on the median listing price of $460,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.