49878, MI Housing Market
The 49878 housing market is somewhat competitive. The median sale price of a home in 49878 was $272K last month, up 68.9% since last year. The median sale price per square foot in 49878 is $167, up 17.6% since last year.
49878 Housing Market Trends
In June 2025, 49878 home prices were up 68.9% compared to last year, selling for a median price of $272K. On average, homes in 49878 sell after 57 days on the market compared to 62 days last year. There were 13 homes sold in June this year, down from 16 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 1% below list price and go pending in around 58 days.
- Hot homescan sell for around list price and go pending in around 26 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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 46 days.
- Hot homescan sell for about 5% above list price and go pending in around 19 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 39 days.
- Hot homescan sell for about 1% above list price and go pending in around 32 days.
View houses in 49878 that sold recently
Recently sold homes
- $101,085 Last Sold Price—beds—baths—sq ft14432 27.25 Rd, Rapid River, MI 49878(906) 786-5972List Price$99,000Sale to List2% over listDays on Market42 days14432 27.25 Rd, Rapid River, MI 49878
- $190,000 Last Sold Price—beds—baths—sq ft4767 County 513 T Rd, Rapid River, MI 49878(906) 786-5030List Price$157,000Sale to List21% over listDays on Market45 days4767 County 513 T Rd, Rapid River, MI 49878
- $135,000 Last Sold Price5 beds2 baths2,278 sq ft7848 Cole ST St, Rapid River, MI 49878(906) 225-5263List Price$125,000Sale to List8% over listDays on Market56 days7848 Cole ST St, Rapid River, MI 49878
- $199,900 Last Sold Price—beds—baths—sq ft4399 Deerfield T Ln, Rapid River, MI 49878(906) 786-5030List Price$199,900Sale to List0% over listDays on Market32 days4399 Deerfield T Ln, Rapid River, MI 49878
- $190,000 Last Sold Price3 beds2 baths1,239 sq ft10027 US Highway 2 Hwy, Rapid River, MI 49878(906) 786-5972List Price$209,000Sale to List9% under listDays on Market70 days10027 US Highway 2 Hwy, Rapid River, MI 49878
- $336,000 Last Sold Price4 beds3 baths960 sq ft8188 Garth Point 25.25 Ln, Rapid River, MI 49878(906) 786-5972List Price$329,900Sale to List2% over listDays on Market38 days8188 Garth Point 25.25 Ln, Rapid River, MI 49878
- $83,000 Last Sold Price—beds—baths—sq ft5930 Juniper AA Ln, Rapid River, MI 49878(906) 233-7455List Price$89,000Sale to List7% under listDays on Market30 days5930 Juniper AA Ln, Rapid River, MI 49878
- $45,000 Last Sold Price1 bed—baths370 sq ft5793 CO 511 Y.5 Rd, Rapid River, MI 49878-0000(906) 786-1308List Price$45,000Sale to List0% over listDays on Market18 days5793 CO 511 Y.5 Rd, Rapid River, MI 49878-0000
See all recently sold homes in 49878.
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Schools in 49878
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Escanaba Middle School Public • 3-5 | 436 Students | 2 reviews |
6/10 Tri-Township School Public • K-12 | 278 Students | 3 reviews |
4/10 James T. Jones Elementary School Public • 3-5 | 343 Students | N/A |
NR Cameron Elementary School Public • K-2 | 378 Students | N/A |
NR Webster Elementary School Public • K | 224 Students | 1 reviews |
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.
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