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Foreclosure Homes 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 $244,003.
In Big Rapids, MI, how many homes are available?
There are currently 14 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 $9,711,517.
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, MI, is a picturesque small town offering a blend of community charm and outdoor adventure. Home to Ferris State University, it provides vibrant town life along with excellent educational opportunities. The scenic Muskegon River and surrounding forests create ideal conditions for a variety of recreational activities.

Current Market Conditions in Big Rapids, MI

The real estate market in Big Rapids has shown steady growth over the past year, with a stable demand for family homes and rental properties, largely driven by the presence of Ferris State University. This trend suggests a potential increase in home values as the local economy continues to thrive.

Due to its attractive small-town charm and outdoor recreational options, Big Rapids has gained interest from both buyers and renters. There is a balanced inventory of homes for sale, making it a favorable market for those looking to invest in residential properties.

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 $215,481.00. 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 $244,003.00, with the most expensive house in Big Rapids, MI, topping out at $9,711,517.00 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 Foreclosures


Market Trend for Big Rapids, MI

Total Listings Available: 14

Market Values:

Home Prices from $13,544 to $9,711,517

Average Sales Price: $244,003

Rental Values:

Rental from $480 to $2,580

Average Rent Value: $1,422 / month

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