House Prices

House Prices & Home Values Rapid River, MI 2026


Average Data

average house price$132,088
average size per house1334 ft²
average price per ft²100 $ / ft²

04/19/2026 - The value range (VR) for house prices in Rapid River, MI is $114/ sqft to $114/ sqft. An average home with 1334 sqft costs approximately $152,076 to $152,076. Rapid River, MI includes 1 ZIP codes and it is located in Delta county. The lowest prices are found in ZIP 49878, while the highest are in ZIP 49878. The average price per sqare feet is $100. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Rapid River

49878124 $ / ft²




Historical development of home values in Rapid River

Year Estimated value (USD) Change vs. 2025
2010 $61,344 -53.6%
2011 $58,972 -55.4%
2012 $58,813 -55.5%
2013 $61,011 -53.8%
2014 $64,045 -51.5%
2015 $67,332 -49.0%
2016 $70,846 -46.4%
2017 $74,670 -43.5%
2018 $78,798 -40.3%
2019 $82,452 -37.6%
2020 $86,714 -34.4%
2021 $98,628 -25.3%
2022 $114,978 -13.0%
2023 $121,250 -8.2%
2024 $128,264 -2.9%
2025 $132,088 0.0%

Graph: estimated home values in Rapid River over time (USD)



Example: 100% financing house in Rapid River

Loan amount: $132,088

Interest rate: 6.00%

Fixed monthly payment: $791.93

Breakdown in the 1st month:
Interest portion: $660.44  –  Principal portion: $131.49

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,881.16 $1,622.06 $130,465.94
2 $7,781.11 $1,722.10 $128,743.84
3 $7,674.90 $1,828.32 $126,915.53
4 $7,562.13 $1,941.08 $124,974.44
5 $7,442.41 $2,060.80 $122,913.64
6 $7,315.30 $2,187.91 $120,725.73
7 $7,180.36 $2,322.86 $118,402.87
8 $7,037.09 $2,466.12 $115,936.75
9 $6,884.98 $2,618.23 $113,318.52
10 $6,723.49 $2,779.72 $110,538.80
11 $6,552.05 $2,951.16 $107,587.64
12 $6,370.03 $3,133.18 $104,454.45
13 $6,176.78 $3,326.43 $101,128.02
14 $5,971.61 $3,531.60 $97,596.42
15 $5,753.79 $3,749.42 $93,847.00
16 $5,522.53 $3,980.68 $89,866.32
17 $5,277.01 $4,226.20 $85,640.12
18 $5,016.35 $4,486.86 $81,153.26
19 $4,739.61 $4,763.60 $76,389.66
20 $4,445.80 $5,057.41 $71,332.26
21 $4,133.87 $5,369.34 $65,962.92
22 $3,802.71 $5,700.51 $60,262.41
23 $3,451.11 $6,052.10 $54,210.31
24 $3,077.83 $6,425.38 $47,784.93
25 $2,681.53 $6,821.68 $40,963.25
26 $2,260.78 $7,242.43 $33,720.81
27 $1,814.08 $7,689.13 $26,031.69
28 $1,339.83 $8,163.38 $17,868.31
29 $836.33 $8,666.88 $9,201.43
30 $301.78 $9,201.43 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Rapid River, MI


1500 sqft3900 sqft
Ø selling price$181,501$386,101
Ø fast selling$165,000$347,490
Ø high price sale$198,001$424,711

In 2026, houses in Rapid River, MI will be offered at an average price of $100 per square foot. A 1,500 sqft home priced at $181,501 is 24.96% more expensive per square foot than a 3,900 sqft home priced at $386,101. Home prices in Rapid River, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $267,300. Sellers who can wait longer may achieve a higher price of up to $326,700.


Discover Rapid River, MI

Location and Access

Rapid River, MI is a small community in Delta County on the Rapid River where it meets Little Bay de Noc on Lake Michigan. It sits at the junction of US-2 and US-41, with M-35 beginning its scenic run along the bay.
This convenient access makes Rapid River a strategic base for exploring Michigan?s Upper Peninsula.

Outdoor Recreation and Nature

The nearby Hiawatha National Forest offers hiking, snowshoeing, and the Rapid River Ski Trail for classic cross-country adventures. Anglers prize Little Bay de Noc for trophy walleye and smallmouth bass, with prime action in spring and through the ice in winter.
Birders flock to the Peninsula Point Lighthouse area on the Stonington Peninsula during monarch and migratory seasons. Scenic byways and backroads around Rapid River deliver brilliant fall color and easy access to quiet beaches.

Small-Town Charm and Visitor Tips

Local cafes, bait shops, and family-run businesses reflect the community?s friendly, year-round character. For trip planning, consider shoulder seasons for fewer crowds, and check weather and road conditions common to the Upper Peninsula?s lake-effect climate.
Whether you?re chasing fish, forest trails, or sunsets over Lake Michigan, Rapid River, Michigan rewards visitors with authentic, affordable adventure.



FAQ – Home Values in Rapid River

What is the median home value in Rapid River in 2026?

In 2026, the typical home value in Rapid River is about $132,088 for an average home size of 1334 square feet. This corresponds to an average price of roughly $100 per square foot.

What is the average cost per square foot in Rapid River?

In 2026, homes in Rapid River sell for an average of around $100 per square foot, with a typical range between $114 and $114 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Rapid River is about 1334 square feet, with an estimated 2026 value around $132,088.



Locations close to Rapid River, MI

Republic, MI171 $ / ft²
Rock, MI104 $ / ft²
Sagola, MI246 $ / ft²
Ralph, MI241 $ / ft²
Quinnesec, MI134 $ / ft²
Powers, MI51 $ / ft²




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