Home Market View

Home prices, listings & rents by city and ZIP code.

… cities & places
Median sale price
<$300K$700K+

ZIP 49878 in Rapid River, MI: housing market trends

The median home sale price in ZIP 49878 in Rapid River, MI was $214,937 for the three-month period ending September 2026. Sale prices were 2.4% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$214,937
three-month period ending September 2026
Median sale price per sq ft
$177.86
three-month period ending September 2026
Active listings
37
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 37 active listings for the three-month period ending September 2026. Active listings were 15.9% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 59 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 49878 in Rapid River, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$214,937$177.8621
Single-familySeptember 2026$214,946$177.8621
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 49878 in Rapid River, MI
MarketMedian sale priceReporting period / source
Rapid River, MI$164,9003 months ending June 2026 · Redfin
Gladstone, MI$179,9143 months ending September 2026 · Redfin
Rock, MI$400,0003 months ending June 2026 · Redfin
Escanaba, MI$179,9143 months ending September 2026 · Redfin
Wetmore, MIUnavailableMonth ending unavailable date · Zillow
Garden, MI$185,0003 months ending October 2025 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 49878 in Rapid River, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$214,937$177.8637
August 2026$275,000$180.0341
July 2026$277,500$182.3342
June 2026$245,000$164.4632
May 2026$285,000$191.8529
April 2026$325,000$191.8521
March 2026$325,000$191.8524
February 2026$274,900$206.2529
January 2026$235,000$172.0232
December 2025$240,000$179.1736
November 2025$190,000$179.1744
October 2025$210,000$199.8642
September 2025$210,000$199.8644
August 2025$220,000$178.8138
July 2025$242,500$218.6538
June 2025$281,000$269.9835
May 2025$275,000$260.0626
April 2025$282,500$146.5924
March 2025$287,500$151.0025
February 2025$275,000$151.0031
January 2025$274,200$152.2537
December 2024$239,900$140.2140
November 2024$243,500$166.9541
October 2024$185,000$138.8940

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

Look up price per square foot by ZIP codeBrowse all MI markets