Big Rapids, MI is a great place to live with a median home value of $180,900. The housing market in Big Rapids has been on the rise with an appreciation rate of 12.54% over the last year, compared to 8.27% nationally. This indicates that the housing market in Big Rapids is growing faster than the national average and could be a very attractive option for potential homebuyers who are looking for an affordable and appreciating market.
The median home cost in Big Rapids is $180,900. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Big Rapids is up 16.2%.
Average Age of Homes
- The median age of Big Rapids real estate is 45 years old
The Rental Market in Big Rapids
- Renters make up 50.9% of the Big Rapids population
- 6.5% of houses and apartments in Big Rapids, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.