Population: 3,204 · Density: 2.7/mi² · Median household income: $62,800
Typical home value: $158,448 · Homeownership: 93.1%
Data as of January 2026. Source: Realtor.com.
The RAPID RIVER, MI real estate market (49878) currently shows 17 active listings, with 5 pending sales. Homes are averaging 101 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are selling faster, averaging 101 days on market compared to 102 days last year.
The median listing price has fallen 15.2% year-over-year, from $473,475 to $401,500.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49878 | Rapid River, MI 49878 | 0.0 mi | 17 | $7,615,439 | $401,500 | $447,967 |
| 49837 | Gladstone, MI 49837 | 12.7 mi | 22 | $6,605,610 | $248,500 | $300,255 |
| 49894 | Wells, MI 49894 | 15.8 mi | 2 | $312,400 | $156,200 | $156,200 |
| 49817 | Cooks, MI 49817 | 17.6 mi | 2 | $499,800 | $249,900 | $249,900 |
| 49835 | Garden, MI 49835 | 20.4 mi | 4 | $3,398,000 | $849,500 | $849,500 |
| 49891 | Trenary, MI 49891 | 20.4 mi | 3 | $390,000 | $130,000 | $130,000 |
| 49818 | Cornell, MI 49818 | 23.2 mi | 3 | $1,162,500 | $387,500 | $387,500 |
| 49807 | Bark River, MI 49807 | 26.6 mi | 4 | $1,178,668 | $350,000 | $294,667 |
| 49862 | Munising, MI 49862 | 30.0 mi | 20 | $8,446,120 | $244,000 | $422,306 |
| 49873 | Perronville, MI 49873 | 31.9 mi | 2 | $329,800 | $164,900 | $164,900 |
| 49822 | Deerton, MI 49822 | 34.9 mi | 1 | $787,500 | $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 | 3 | $1,197,000 | $399,000 | $399,000 |
As of January 2026, there are 17 active listings in RAPID RIVER, MI (zip code 49878), compared to 9 the prior year.
The median listing price in RAPID RIVER, MI 49878 is $401,500 as of January 2026, a 15.2% decrease from $473,475 the prior year.
Homes in RAPID RIVER, MI 49878 spend an average of 101 days on the market before going under contract, compared to 102 days the prior year.
Based on current inventory and days-on-market data as of January 2026, RAPID RIVER, MI 49878 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 101 days on market compared to 102 days last year.
With SELL123.com's maximum 3% commission, sellers in RAPID RIVER, MI 49878 save an estimated $8,030 compared to a typical 5% commission on the median listing price of $401,500. 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.