Market Intelligence Report — MI-660

Big Rapids, MI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MI-08
As of the latest 2026 data
Cooling

Median Listing

$295K
-10.6% YoY

Pending Ratio

0.40
-17.2% YoY

Active Inventory

171
+18.8% YoY

Median DOM

61 Days
+29.8% YoY

Primary Intelligence Tool — Sold Score™

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The Big Rapids market is currently characterized as Cooling, with a pending ratio of 0.40 indicating demand absorption is moderate relative to available inventory. Active listings have expanded by 18.8% over the past year, while the median listing price has declined by 10.6% year-over-year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Big Rapids market right now.

Inventory levels have increased, with active listings up 18.8% year-over-year, alongside a 16.7% reduction in new listings compared to the prior year. Demand indicators suggest a deceleration, as the pending ratio has fallen by 17.2% year-over-year. The median listing price has contracted by 10.6% over the past year, and properties are remaining on the market longer, with median days on market rising by 29.8% year-over-year.

Historical Analysis

Market Trends

Median Price

$295K-4.8% MoM

Active Inventory

171+18.8% YoY

Days on Market

61+29.8% YoY

Sold Score™

44-17.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

44
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With the pending ratio at 0.40 and active inventory expanding, the pace of sales is moderate, and inventory pressure is easing. This environment suggests that greater price discipline may be observed from sellers, as properties generally require more time to transact. Buyers may find a more deliberate acquisition process without the urgency seen in more competitive conditions.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

171 active listings represent the current floor, with new supply arriving at roughly 60 per month.

Pricing Pressure
25.3%

of active listings carry a price reduction, -0.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.8% year-over-year.

Absorption
0.40

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Big Rapids, MI? Homes here are taking 14 days longer to sell than last year.

Buyers have leverage in Big Rapids, MI. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
40%
Median Days on Market
61 days
Inventory YoY
+19%

In a buyer's market, strategy beats timing. See how your home scores in Big Rapids, MI and what moves the number.

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Metro Demographics

Metro Area
Big Rapids, MI
CBSA Code
13660
State
MI

ZIPs in Big Rapids, MI

Sorted by active inventory · click a ZIP for its full report