Houses For Sale in Elk Rapids, MI

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Sold By Stevo
Elk Rapids, MI 49629
Market Overview
Market Balance
Balanced
Buyer's
Seller's
Elk Rapids is currently a
Buyer's Market

In a buyer’s market, there is an overabundance of homes for sale compared to the demand. Buyers have the advantage because sellers will be motivated to negotiate price and terns in order to sell their property.

Area Demographics
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Total Population
1490
Demographic Icon
Population Density
903
/sq mi.
Demographic Icon
Median YEARLY income
$27,385
Demographic Icon
MEDIAN AGE
59
Demographic Icon
COLLEGE EDUCATED
28%
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Owner/renter divide
75% / 25%
Listing Stats
Average List Price
NaN%
Since last Year
2014 2014 2014.5 2014.5 2015 2015 2015.5 2015.5 2016 2016 2016.5 2016.5 2017 2017 2017.5 2017.5 2018 2018
Number of New Homes on Market
+0.0%
Since last Year
2014 2014 2014.5 2014.5 2015 2015 2015.5 2015.5 2016 2016 2016.5 2016.5 2017 2017 2017.5 2017.5 2018 2018 0.0 0.0 1.0 1.0
Average Sale Price
+32.0%
Since last Year
2015 2015 2015.5 2015.5 2016 2016 2016.5 2016.5 2017 2017 2017.5 2017.5 2018 2018 2018.5 2018.5 2019 2019 0 0
Number of Sold Homes
+0.0%
Since last Year
2015 2015 2015.5 2015.5 2016 2016 2016.5 2016.5 2017 2017 2017.5 2017.5 2018 2018 2018.5 2018.5 2019 2019 0.0 0.0 1.0 1.0
Distribution of Listing Price
$0 - $149K $0 - $149K $150K - $299K $150K - $299K $300K - $499K $300K - $499K $500K - $749K $500K - $749K $750K - $999K $750K - $999K $1M+ $1M+ 0 0