Elk Rapids, MI Real Estate & Homes For Sale

22 homes

Real Estate & Homes For Sale Near Elk Rapids, MI

We found 14 more homes matching your filters just outside Elk Rapids

Elk Rapids, MI Real Estate Trends

Learn about the Elk Rapids, MI housing market through trends and averages.

Affordability of Living in Elk Rapids, MI

The median home value is $514,291
MonthMedian home value
June 2025$490k
July 2025$489k
August 2025$487k
September 2025$488k
October 2025$492k
November 2025$497k
December 2025$501k
January 2026$504k
February 2026$507k
March 2026$510k
April 2026$512k
May 2026$514k
View as a graph
Trends and affordability stats are provided by third party data sources.

Average Home Value in Elk Rapids, MI, by Home Size

Currently, there are 2 new listings in Elk Rapids, MI and 22 homes for sale.
Home SizeHome Value*
2 bedrooms (1 home)$423,274
3 bedrooms (5 homes)$568,400
4 bedrooms (2 homes)$732,134
*Home value over the past month

What Locals Say about Elk Rapids

  • Erin S
    "Elk Rapids is the best. Harbor Days, Art Street, Short’s Fest and more make the community really great to live in and visit. "
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  • James E.
    "The best of both worlds, a quiet sub with quality homes, yet close to everything. You must see this home. "
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  • James E.
    "I have lived in Elk Rapids for over 20 years, and can not think of a better place to raise a family. The 4 seasons offer so much to anyone that enjoys getting outdoors. Elk Rapids has it all. "
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Copyright Northern Michigan MLS (NM-MLSX). All rights reserved. Information is deemed reliable but not guaranteed.