Rapid City, MI Real Estate Market Summary – September 8, 2026
In Rapid City, MI, the overall real estate market has seen 4 homes sold in the last 30 days, with an average sale price of $537,250 and a median sale price of $480,000. The average living area for these homes was 1,794 square feet, with offers typically spending about 18 days on the market before achieving a sale.
| Metric | 30 Days |
|---|---|
| Number Sold | 4 |
| Sold Per Day | 1 every 7.50 days |
| Average SQFT | 1794 |
| Median Sales Price | $480,000 |
| Average Sales Price | $537,250 |
| Average Price Per SQFT | $325 |
| Average Days on Market | 18 |
| Average Year Built | 1987 |
Rapid City, MI Single Family Home Analysis
The single-family home market has mirrored the overall trend, with 4 properties sold recently. These homes averaged 1,794 square feet and were built around 1987, selling for an average price of $537,250.
| Metric | 30 Days |
|---|---|
| Number Sold | 4 |
| Sold Per Day | 1 every 7.50 days |
| Average SQFT | 1794 |
| Median Sales Price | $480,000 |
| Average Sales Price | $537,250 |
| Average Price Per SQFT | $325 |
| Average Days on Market | 18 |
| Average Year Built | 1987 |
Rapid City, MI Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- Pace of new listings is 1 every 7.5 days.
- Properties spent an average of 18 days on the market before sale.
- Average price per square foot is $325.
- No condo or townhome sales were recorded in this period.
Conclusion
The data indicates a stable activity level in the single-family segment of Rapid City’s real estate market. Future trends can be better assessed as more data becomes available over subsequent periods.