Data as of September 2026. Source: Realtor.com.
The ELK RAPIDS, MI real estate market (49629) currently shows 14 active listings, with 4 pending sales. Homes are averaging 82 days on the market before going under contract.
Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 82 days on market compared to 55 days last year.
The median listing price has risen 21.6% year-over-year, from $444,000 to $539,900.
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 September 2026, there are 14 active listings in ELK RAPIDS, MI (zip code 49629), compared to 22 the prior year.
The median listing price in ELK RAPIDS, MI 49629 is $539,900 as of September 2026, a 21.6% increase from $444,000 the prior year.
Homes in ELK RAPIDS, MI 49629 spend an average of 82 days on the market before going under contract, compared to 55 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ELK RAPIDS, MI 49629 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 82 days on market compared to 55 days last year.
With SELL123.com's maximum 3% commission, sellers in ELK RAPIDS, MI 49629 save an estimated $10,798 compared to a typical 5% commission on the median listing price of $539,900. 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.