Active Listings
7
⇧ 75% vs 4 last year
Data as of March 2026. Source: Realtor.com.
The ELK RAPIDS, MI real estate market (49629) currently shows 7 active listings, with 1 pending sales. Homes are averaging 120 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 120 days on market compared to 47 days last year.
The median listing price has fallen 50.7% year-over-year, from $1,012,000 to $499,000.
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 March 2026, there are 7 active listings in ELK RAPIDS, MI (zip code 49629), compared to 4 the prior year.
The median listing price in ELK RAPIDS, MI 49629 is $499,000 as of March 2026, a 50.7% decrease from $1,012,000 the prior year.
Homes in ELK RAPIDS, MI 49629 spend an average of 120 days on the market before going under contract, compared to 47 days the prior year.
Based on current inventory and days-on-market data as of March 2026, ELK RAPIDS, MI 49629 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 120 days on market compared to 47 days last year.
With SELL123.com's maximum 3% commission, sellers in ELK RAPIDS, MI 49629 save an estimated $9,980 compared to a typical 5% commission on the median listing price of $499,000. 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.