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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 $240,813.
In Big Rapids, MI, how many homes are available?
There are currently 12 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 $6,326,931.
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 vibrant college town that combines a rich cultural heritage with beautiful natural surroundings. Boasting local amenities, access to outdoor activities, and a supportive community, it's an excellent destination for homebuyers and investors alike. The presence of Ferris State University adds to the town's appeal, making it a dynamic place to live.

Current Market Conditions in Big Rapids, MI

The real estate market in Big Rapids is currently experiencing a steady increase in demand, driven by the area's affordability and the continued growth of Ferris State University. More young professionals and families are looking to settle in this community, leading to a competitive market with rising property values.

Investment opportunities abound in Big Rapids, with a range of properties available from single-family homes to multi-unit buildings. The local government is supportive of growth initiatives, which bodes well for future appreciation and development potential.

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 $213,780.00. 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 $240,813.00, with the most expensive house in Big Rapids, MI, topping out at $6,326,931.00 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: 12

Market Values:

Home Prices from $13,544 to $6,326,931

Average Sales Price: $240,813

Rental Values:

Rental from $480 to $2,580

Average Rent Value: $1,422 / month

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