Elk Rapids, MI
City market trends and history
Public Record
Median Sale Price
$446.1K
12-Month Sales
44
1-Year Appreciation
—
Properties Tracked
182
Median Sale Price History
Top Neighborhoods
| Name | Median |
|---|
Top Neighborhoods by Activity
| Neighborhood | Sales 12mo | Median |
|---|
Top ZIP Codes
| ZIP | Sales 12mo | Median |
|---|
Recent Sales
| Date | Address | Price |
|---|---|---|
| Apr 17, 2026 | 708 CHIPPEWA ST | $299.5K |
| Apr 16, 2026 | 107 RIVERSHORE DR | $453K |
| Mar 20, 2026 | 7457 CAIRN HWY | $394.9K |
| Mar 13, 2026 | 7457 CAIRN HWY | $394.9K |
| Jan 16, 2026 | 14832 WILLIAMS DR | $650K |
| Dec 12, 2024 | 106 IROQUOIS ST | $560K |
| Nov 8, 2024 | 606 W 2ND ST | $425K |
| Sep 17, 2024 | 606 W 2ND ST | $425K |
| Jul 19, 2024 | 235 CHARLES ST | $245K |
| Jun 20, 2024 | 607 MEADOWVIEW LN | $325.7K |
| Jun 20, 2024 | 614 SHADYWOOD ST | $95K |
| Jun 6, 2024 | 8160 CAIRN HWY | $850K |
| May 1, 2024 | 588 MEADOWVIEW LN | $397K |
| Apr 26, 2024 | 106 IROQUOIS ST | $525K |
| Apr 22, 2024 | 588 MEADOWVIEW LN | $397K |
| Apr 8, 2024 | 507 FIRST ST | $499K |
| Feb 16, 2024 | 149 CENTER ST | $367K |
| Nov 30, 2023 | 140 RIVERSHORE DR | $305K |
| Nov 17, 2023 | 726 GOLF COURSE DR | $1.25M |
| Nov 8, 2023 | 503 LAKE ST | $665K |
4-Quarter Forecast
Linear projection from past trendQuarterly trend
+0.3%
Implied 1-yr
+1.0%
2026 Q3
$399.8K
2026 Q4
$400.8K
Median Price — History + Forecast
Property type mix
Share by property type
Year-built distribution
Properties by build era
Map
Recent top sales — most expensive
| Address | Sale date | Sale price |
|---|---|---|
| Meguzee Pt | Nov 24, 2021 | $1,850,000 |
| 7414 N BAYSHORE DR | May 5, 2022 | $1,700,000 |
| 7414 N BAYSHORE DR | Mar 25, 2022 | $1,700,000 |
| 8969 CAIRN HWY | May 13, 2022 | $1,500,000 |
| 7350 N BAYSHORE DR | Nov 23, 2022 | $1,350,000 |
| 8873 N BAYSHORE DR | Mar 27, 2023 | $1,340,000 |
| 8362 N BAYSHORE DR | Jan 14, 2022 | $1,300,000 |
| 8054 N BAYSHORE DR | Apr 28, 2022 | $1,265,000 |
| 8054 N BAYSHORE DR | Apr 15, 2022 | $1,265,000 |
| 726 GOLF COURSE DR | Nov 17, 2023 | $1,250,000 |
How Elk Rapids compares
| Metric | Elk Rapids | Michigan avg | US avg |
|---|---|---|---|
| Median price | $446.1K | $324.6K | $535.4K |
| 1-year change | — | — | +33.6% |
| Sales (12mo) | 44 | 6,343 | — |
| Median sqft | 1,023 | — | — |
Other cities in Michigan
How Elk Rapids ranks in Michigan
1-year appreciation
#290 of 970
Median price
#129 of 970
Frequently asked about Elk Rapids
What is the median sale price in Elk Rapids, MI?
The median sale price in Elk Rapids over the last 12 months is $446.1K, based on 44 transactions.
How many sales happen each year in Elk Rapids?
Roughly 44 home sales were recorded in Elk Rapids over the trailing 12 months.
What types of properties are most common in Elk Rapids?
Unknown is the most common property type tracked in Elk Rapids.
When were most homes in Elk Rapids built?
Most homes in Elk Rapids were built in the 1990-1999 era.