Rapid City, MI Real Estate & Property Data

Rapid City Real Estate Market Trends
Last Updated: April 25, 2024

Accurate and comprehensive real estate data is critical for insight into Rapid City, MI. ATTOM’s Rapid City real estate data is updated daily, and current market trends show that in Rapid City, MI a total of 84 residential properties have sold over the past year. With a median home price of $330,000 in Rapid City. Get detailed property data for Rapid City, MI instantly. ATTOM is your one-stop-shop for the Rapid City property reports and real estate data you need in Rapid City, MI.

Rapid City Real Estate Market Trends
Total Residential Properties 2,602
Total Commercial Properties 256
Avg. Home Age (Single Family Home) 34 Years
Avg. Square Feet (Single Family Home) 1,992
Total 2024 Residential Sales (year-to-date) 13
% of Homes Seriously Underwater (Q2 2024) 0.35%
Total 2023 Residential Sales 76
% of Equity Rich Homes (Q2 2024) 17.1%
Effective 2023 Property Tax 0.6%
Total Foreclosure Filings (year-to-date) N/A
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Rapid City, MI Real Estate Overview

There were 84 residential properties sold in the past year in Rapid City, MI. The median home value in Rapid City, MI is $362,526. There are a total of 2,602 residential properties in the Rapid City.

Median Sales Price i
$330,000
(Feb 2024)
  • February '24 Feb '24 $330,000
  • January '24 Jan '24 $160,000
  • December '23 Dec '23 $285,000
  • November '23 Nov '23 $193,000
  • October '23 Oct '23 $179,000
  • September '23 Sep '23 $380,500
  • August '23 Aug '23 $271,000
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 $570,000
  • April '23 Apr '23 N/A
  • March '23 Mar '23 $46,800
Median Down Payment i
$245,000
(Feb 2024)
  • February '24 Feb '24 $245,000
  • January '24 Jan '24 $8,000
  • December '23 Dec '23 $71,250
  • November '23 Nov '23 $15,000
  • October '23 Oct '23 $66,000
  • September '23 Sep '23 $55,600
  • August '23 Aug '23 $13,550
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 $146,875
  • April '23 Apr '23 N/A
  • March '23 Mar '23 $7,689
Number of Homes Sold i
5
(Feb 2024)
-28.6%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 8
  • December '23 Dec '23 8
  • November '23 Nov '23 5
  • October '23 Oct '23 5
  • September '23 Sep '23 6
  • August '23 Aug '23 9
  • July '23 Jul '23 7
  • June '23 Jun '23 4
  • May '23 May '23 6
  • April '23 Apr '23 9
  • March '23 Mar '23 5
Number of Purchase Loans i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 3
  • November '23 Nov '23 1
  • October '23 Oct '23 6
  • September '23 Sep '23 4
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 2
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
Number of REFI Loans i
5
(Feb 2024)
+150%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 5
  • December '23 Dec '23 3
  • November '23 Nov '23 2
  • October '23 Oct '23 9
  • September '23 Sep '23 4
  • August '23 Aug '23 4
  • July '23 Jul '23 3
  • June '23 Jun '23 3
  • May '23 May '23 5
  • April '23 Apr '23 3
  • March '23 Mar '23 2
Number of HELOC Loans i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A

Rapid City, MI Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Rapid City, MI Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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