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Big Rapids Charter Township Housing Market Report December 2024•Mecosta County, Michigan
Housing Prices in Big Rapids Charter Township, MI
How much do homes in Big Rapids Charter Township, MI cost?
Housing Market Conditions
Is Big Rapids Charter Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Big Rapids Charter Township is a Neutral Market
Difference Since December 2023
At the same time last year, Big Rapids Charter Township was a Seller's Market.
Big Rapids Charter Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Big Rapids Charter Township have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Big Rapids Charter Township was $219,450 in December 2024, up 2.3% from last year, and the median price per square foot was $124.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Mecosta Township | $185K | $199.9K | +8.1% |
Green Charter Township | $220K | $226K | +2.7% |
Big Rapids | $214.5K | $219.4K | +2.3% |
Big Rapids Charter Township | $214.5K | $219.4K | +2.3% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $145K | $238K | +64.1% |
22 Bedrooms | $175K | $123K | -29.7% |
33 Bedrooms | $194.5K | $217K | +11.6% |
44 Bedrooms | $228.7K | $253K | +10.6% |
55+ Bedrooms | $318K | $270K | -15.1% |
Summary: Big Rapids Charter Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +64.1%. The home price for 2 bedroom homes decreased by -29.7%. The home price for 3 bedroom homes increased by +11.6%. The home price for 4 bedroom homes increased by +10.6%. The home price for 5 bedroom homes decreased by -15.1%.
Housing supply in Big Rapids Charter Township, MI
How many homes are available in Big Rapids Charter Township, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
67Last MonthDec 2024 | ||
712 months agoNov 2024 | -5.6 % Change MoMNov – Dec |
Summary: The Big Rapids Charter Township real estate market had 67 homes for sale in Dec 2024, a 5.6 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
11Last MonthDec 2024 | ||
122 months agoNov 2024 | -8.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 9 | 9 | 0.0% |
33 Bedrooms | 27 | 27 | 0.0% |
44 Bedrooms | 22 | 21 | -4.5% |
55+ Bedrooms | 13 | 10 | -23.1% |
Summary: Big Rapids Charter Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -4.5%. The inventory for 5 bedroom homes decreased by -23.1%.
Asking Price vs. Sold Price
How much do homes in Big Rapids Charter Township, MI cost?
Over Asking Price3 Homes
At Asking Price3 Homes
Under Asking Price5 Homes
If you're buying a home in Big Rapids Charter Township, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Big Rapids Charter Township in December 2024, down by 8.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and and 27% were sold over asking.
Days on Market for Big Rapids Charter Township, MI
How long does it take to sell a home in Big Rapids Charter Township, MI?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days6 Homes
Over 90 Days0 Home
Avg time on Rocket Homes in Big Rapids Charter Township has remained consistent over time.
Summary: During December 2024, 11 homes were sold in Big Rapids Charter Township; 45% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
35 DaysThis YearDec 2024 | ||
41 Days1 year agoDec 2023 | -13.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Big Rapids Charter Township had an average listing age of 35 days in Dec 2024, down by 13.6% compared to the previous year.
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Newest Listings in Big Rapids Charter Township, MI
What homes are available in Big Rapids Charter Township, MI?
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MLS Disclaimers and Copyright
Based on information from Michigan Regional Information Center LLC, RealComp II Ltd., and Northern Great Lakes Realtors MLS for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.