Data as of March 2026. Source: Realtor.com.
The RAPID RIVER, MI real estate market (49878) currently shows 14 active listings, with 2 pending sales. Homes are averaging 94 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 94 days on market compared to 86 days last year.
The median listing price has fallen 25.1% year-over-year, from $522,450 to $391,475.
Whether you are buying or selling in RAPID RIVER, 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: 3,204 · Density: 2.7/mi² · Median household income: $62,800
Typical home value: $158,448 · Homeownership: 93.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49878 | Rapid River, MI 49878 | 0.0 mi | 13 | $6,016,166 | $398,000 | $462,782 |
| 49837 | Gladstone, MI 49837 | 12.7 mi | 23 | $7,427,459 | $254,250 | $322,933 |
| 49894 | Wells, MI 49894 | 15.8 mi | 3 | $409,050 | $153,050 | $136,350 |
| 49829 | Escanaba, MI 49829 | 19.6 mi | 35 | $12,344,080 | $314,450 | $352,688 |
| 49880 | Rock, MI 49880 | 20.4 mi | 4 | $1,255,500 | $327,225 | $313,875 |
| 49816 | Chatham, MI 49816 | 21.9 mi | 4 | $1,666,268 | $414,150 | $416,567 |
| 49854 | Manistique, MI 49854 | 25.8 mi | 21 | $6,698,349 | $274,500 | $318,969 |
| 49825 | Eben Junction, MI 49825 | 28.3 mi | 3 | $1,475,001 | $425,000 | $491,667 |
| 49873 | Perronville, MI 49873 | 31.9 mi | 3 | $366,600 | $122,200 | $122,200 |
| 49822 | Deerton, MI 49822 | 34.9 mi | 2 | $1,575,000 | $787,500 | $787,500 |
| 49874 | Powers, MI 49874 | 35.6 mi | 1 | $65,000 | $65,000 | $65,000 |
| 49884 | Shingleton, MI 49884 | 39.9 mi | 4 | $1,997,800 | $499,450 | $499,450 |
| 49834 | Foster City, MI 49834 | 40.2 mi | 3 | $1,248,801 | $329,900 | $416,267 |
As of March 2026, there are 14 active listings in RAPID RIVER, MI (zip code 49878), compared to 11 the prior year.
The median listing price in RAPID RIVER, MI 49878 is $391,475 as of March 2026, a 25.1% decrease from $522,450 the prior year.
Homes in RAPID RIVER, MI 49878 spend an average of 94 days on the market before going under contract, compared to 86 days the prior year.
Based on current inventory and days-on-market data as of March 2026, RAPID RIVER, MI 49878 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 94 days on market compared to 86 days last year.
With SELL123.com's maximum 3% commission, sellers in RAPID RIVER, MI 49878 save an estimated $7,830 compared to a typical 5% commission on the median listing price of $391,475. 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.