Rapid City, MI Foreclosures
How much do homes sell for in Rapid City, MI?
The average home price is currently $646,596.
In Rapid City, MI, how many homes are available?
There are currently 1 active home listings available in Rapid City.
What’s the average rental cost in Rapid City, MI?
The average rental price in Rapid City is $1,378.
What is the most expensive home in Rapid City?
The most expensive home sold in Rapid City had a price of $13,478,800.
What is currently the cheapest priced home in Rapid City, MI?
The cheapest home for sale in Rapid City is priced at $11,344.
Living in Rapid City, MI
Rapid City, Michigan, is a quaint village that offers a unique blend of outdoor beauty and community spirit. Nestled close to stunning lakes and forests, it's perfect for nature lovers and those seeking a peaceful retreat. With cozy local businesses and quality schools, Rapid City is an ideal place to call home.
Current Market Conditions in Rapid City, MI
The current real estate market in Rapid City, MI, has been relatively stable, showing signs of steady growth. Home prices have seen a gradual increase over the past few months, making it an attractive opportunity for both buyers and investors looking for vacation homes and permanent residences. The demand for properties near the lakes continues to drive the market upward, along with a strong interest in recreational activities that the area offers.
As of now, there are a variety of listings available, ranging from charming cottages to more spacious homes suited for families. With its unique appeal, the market is expected to attract more interest from those looking to relocate or invest in a secondary home.
Home Value Estimator For Rapid City, MI
There are currently 2,459 real estate properties
in Rapid City, MI,
with a median automated valuation model (AVM) price
of $375,235.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rapid City, 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 Rapid City, MI,
is $646,596.00, with the most expensive house
in Rapid City, MI, topping out
at $13,478,800.00 and the cheapest home
in Rapid City, MI,
clocking in at $11,344.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rapid City, MI!
Rent Prices
In Rapid City, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rapid City, MI, is on
a rollercoaster ride. The
average rent price in Rapid City, MI,
is $1,378.00. Indeed, when looking to rent in
Rapid City, MI, you can expect to pay as little
as $560.00 or as much
as $2,580.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Rapid City, 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.
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