The Unshakable Investor

Unshakable ZIP Data 49878 | Rapid River, MI Housing Market

Rapid River · Delta County · Escanaba, MI metro · Michigan · Data updated June 19, 2026

The median sale price in ZIP 49878, Rapid River, Michigan is $244,927 at $192 per square foot. 12 single-family homes sold in the latest period, up 3.0 percent from a year earlier. Homes sit a median of 34 days on market with 5.3 months of supply. Sellers are getting 100.0 percent of list price and 33.3 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$209,553
Average price per sq ft$164
Median sale price$244,927
Median sale price per sq ft$192
Median home size1,277 sq ft
Median new listing price$357,891+47.6%
National size rank15,834

Sales activity

MetricValueYear over year
Homes sold12+3.0%
Median days on market34 days
Months of supply5.3 months
New listings18+52.3%
Active listings29+27.7%
Pending sales13+9.8%

Pricing power

MetricValueYear over year
Average sale-to-list ratio100.0%+0.9 pts
Share sold above list33.3%+8.3 pts

These figures describe the single-family market for Rapid River, Michigan ZIP 49878. They are market context, not a substitute for sold comps or a formal appraisal.