The story of this market
The typical home in ZIP 49307 sells for about $226,500, or $93 per square foot.
Prices are up +10.8% from a year ago, so sellers still have some momentum. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $1,094 a month.
ZIP 49307 — Big Rapids
The Big Rapids housing market shows signs of a buyer's market with a median sale price of $226,500 and a relatively high inventory of 67 active listings. While home values have seen a year-over-year increase, the market remains sensitive to local economic conditions and seasonal demand. Some figures, such as specific 10-year tax and price histories, were not available at the ZIP level and have been omitted.
This ZIP is well-suited for families and local workers seeking an affordable, small-town environment with access to regional educational and outdoor amenities.
Median prices moved up 10.8% year over year.
Homes spend a median of 52 days on market with 33.5 months of supply — a slower-moving market.
30% of listings have cut prices · homes sell at 94.7% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 19.2% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 49307, Mecosta County MI
The area is served by Big Rapids Public Schools, which generally maintains a moderate rating profile in regional comparisons.
The local economy is anchored by educational and regional service sectors, with development momentum tied to county-level employment trends.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
The average commute time is approximately 17 minutes, reflecting a relatively accessible local employment core.
The area offers access to local parks and the Muskegon River, which is popular for tubing and kayaking.
The rental market is characterized by a median rent of $1,094, with HUD-published fair market rents for a two-bedroom unit at $1,080.
The economy is driven by the educational sector and regional services, with a total county employment base of approximately 9,221.
The area is served by Big Rapids Public Schools.
Data retrieved from Census ACS and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Popular for recreational activities such as tubing and kayaking.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.