49878, MI Housing Market
The 49878 housing market is somewhat competitive. The median sale price of a home in 49878 was $311K last month, up 59.6% since last year. The median sale price per square foot in 49878 is $176, up 97.8% since last year.
49878 Housing Market Trends
In January 2025, 49878 home prices were up 59.6% compared to last year, selling for a median price of $311K. On average, homes in 49878 sell after 61 days on the market compared to 32 days last year. There were 18 homes sold in January this year, up from 11 last year.

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How hot is the 49878 housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 70 days.
- Hot homescan sell for around list price and go pending in around 30 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 43 days.
- Hot homescan sell for around list price and go pending in around 29 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 42 days.
- Hot homescan sell for about 2% above list price and go pending in around 32 days.
View houses in 49878 that sold recently
Recently sold homes
- $595,000 Last Sold Price3 beds3.5 baths2,169 sq ft8123 II.5 Ln, Rapid River, MI 49878(906) 341-2131List Price$595,000Sale to List0% over listDays on Market32 days8123 II.5 Ln, Rapid River, MI 49878
- $304,900 Last Sold Price2 beds1 bath1,200 sq ft8345 EE.25 Rd, Rapid River, MI 49878(906) 233-7455List Price$304,900Sale to List0% over listDays on Market74 days8345 EE.25 Rd, Rapid River, MI 49878
- $310,000 Last Sold Price3 beds2 baths1,312 sq ft14014 S.15 Rd, Rapid River, MI 49878(906) 233-7455List Price$315,000Sale to List2% under listDays on Market103 days14014 S.15 Rd, Rapid River, MI 49878
- $130,000 Last Sold Price—beds—baths—sq ftTBD Off CR503, Rapid River, MI 49878(906) 225-5263List Price$130,000Sale to List0% over listDays on Market-6 daysTBD Off CR503, Rapid River, MI 49878
- $275,000 Last Sold Price3 beds2 baths1,725 sq ft9060 26.6 Rd, Rapid River, MI 49878(906) 420-2404List Price$288,000Sale to List5% under listDays on Market70 days9060 26.6 Rd, Rapid River, MI 49878
- $350,000 Last Sold Price—beds—baths—sq ftTBD V Ln, Rapid River, MI 49878(906) 228-9312List Price$398,000Sale to List12% under listDays on Market122 daysTBD V Ln, Rapid River, MI 49878
- $101,000 Last Sold Price1 bed1.5 baths808 sq ft7835 Washington St, Rapid River, MI 49878(906) 233-7455List Price$101,000Sale to List0% over listDays on Market1 day7835 Washington St, Rapid River, MI 49878
- $370,000 Last Sold Price3 beds2 baths1,456 sq ft11580 Provo 19th Ln, Rapid River, MI 49878(906) 786-5030List Price$389,000Sale to List5% under listDays on Market332 days11580 Provo 19th Ln, Rapid River, MI 49878
See all recently sold homes in 49878.
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Schools in 49878
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Tri-Township School Public • K-12 | 284 Students | 3 reviews |
5/10 James T. Jones Elementary School Public • 3-5 | 333 Students | N/A |
5/10 Escanaba Middle School Public • 3-5 | 447 Students | 2 reviews |
NR Soo Hill Elementary School Public • 1-3 | 142 Students | N/A |
NR Cameron Elementary School Public • K-2 | 387 Students | N/A |
Climate's impact on 49878 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 49878.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minimal
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Heat Factor - Minimal
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