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Single-family Foreclosures in Big Rapids, MI

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Big Rapids, MI Foreclosures

How much do homes sell for in Big Rapids, MI?
The average home price is currently $244,489.
In Big Rapids, MI, how many homes are available?
There are currently 10 active home listings available in Big Rapids.
What’s the average rental cost in Big Rapids, MI?
The average rental price in Big Rapids is $1,422.
What is the most expensive home in Big Rapids?
The most expensive home sold in Big Rapids had a price of $9,891,642.
What is currently the cheapest priced home in Big Rapids, MI?
The cheapest home for sale in Big Rapids is priced at $13,544.

Living in Big Rapids, MI

Big Rapids, a charming city in west-central Michigan, is known for its vibrant small-town atmosphere. Home to Ferris State University, it offers a youthful energy and a lively arts and culture scene. Residents enjoy access to beautiful parks, outdoor activities, and a rich community spirit, making it an attractive destination for families and students alike.

Current Market Conditions in Big Rapids, MI

The real estate market in Big Rapids is currently showing a healthy demand with notable growth in both home prices and property sales. The influx of students and young professionals due to Ferris State University contributes to a vibrant rental market. First-time home buyers are entering the market, drawn by the affordable pricing compared to larger cities in Michigan.

Recently, there has been a surge in new construction and revitalization projects in the downtown area, enhancing the appeal for potential buyers and investors. Locations near the university are particularly sought after, helping to stabilize property values.

Home Value Estimator For Big Rapids, MI

There are currently 5,072 real estate properties in Big Rapids, MI, with a median automated valuation model (AVM) price of $218,051.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Big Rapids, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Big Rapids, MI, is $244,489.00, with the most expensive house in Big Rapids, MI, topping out at $9,891,642.00 and the cheapest home in Big Rapids, MI, clocking in at $13,544.00. In other words, there’s something for every potential homebuyer or savvy investor in Big Rapids, MI!

Rent Prices In Big Rapids, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Big Rapids, MI, is on a rollercoaster ride. The average rent price in Big Rapids, MI, is $1,422.00. Indeed, when looking to rent in Big Rapids, MI, you can expect to pay as little as $480.00 or as much as $2,580.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Big Rapids, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Big Rapids, MI Single-family Homes


Market Trend for Big Rapids, MI

Total Listings Available: 10

Market Values:

Home Prices from $13,544 to $9,891,642

Average Sales Price: $244,489

Rental Values:

Rental from $480 to $2,580

Average Rent Value: $1,422 / month

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