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Sell with EXIT Realty · Elk Rapids, MI
Sell your home in Elk Rapids, MI
See how the Elk Rapids market is moving and connect with an experienced EXIT Realty agent who can price, market, and negotiate your sale — a trusted name in real estate since 1996.
Your seller's market report
What your Elk Rapids sale looks like right now
A read on the Elk Rapids, MI market built from live MLS listing data — the numbers an agent would walk you through first.
Across 36 homes for sale in Elk Rapids, the median asking price is $605,000 and the average sale takes 53 days.
That's the market, not your home — what yours is worth depends on the street, the condition, and the timing. An EXIT agent can run those numbers with you.
Get a real price opinionMedian list price of active MLS listings in Elk Rapids, MI — not an estimate of your home's value.
Local market data
Inside the Elk Rapids market
Real numbers to help you price and time your sale with confidence.
Market pace
- Fast
- Moderate
- Unhurried
Homes are moving at a steady pace — pricing and presentation decide who sells first.
Based on the average days on market for active listings in Elk Rapids, MI.
- $605,000
- Median list price
- 36
- Homes for sale
- 53
- Avg. days on market
- $374/sq ft
- Median price / sq ft
- 1,832 Sq Ft
- Median home size
What's on the market in Elk Rapids
- 39%Land46 active
- 26%Residential31 active
- 19%Commercial22 active
- 7%Commercial Lease8 active
- 4%Multi-Family5 active
- 3%Business3 active
- 2%For Lease2 active
Where the asking prices sit
- Under $200K6% · 2
- $200K-$400K6% · 2
- $400K-$600K39% · 14
- $600K-$800K11% · 4
- $800K-$1M14% · 5
- Over $1M25% · 9
Market figures are computed from active MLS listing data for Elk Rapids, MI and refresh as listings change. They describe the market, not any individual property.
Your competition
Homes like yours on the market in Elk Rapids
What buyers comparing your home are looking at right now.
Showing single-family homes in Elk Rapids.
- Active26 photos
- Active66 photos
- Active71 photos
- Active18 photos
- Active26 photos
Recent results
Recently sold in Elk Rapids
Homes near you that found their buyer.
Sold$610,000
2 bd · 1 ba · 1,405 Sq Ft
613 Traverse Street, Elk Rapids Township, MI
Sold$70,000
1,000 Sq Ft
Unit C-4 Herrman Road, Elk Rapids Township, MI
Sold$45,000
0 Forest Drive, Elk Rapids Township, MI
Sold$429,000
7509 Terrace Avenue, Elk Rapids, MI
Sold$459,900
2 bd · 2 ba · 1,081 Sq Ft
9200 N BAYSHORE DR, Elk Rapids, MI
Sold$650,000
4 bd · 2 ba · 1,680 Sq Ft
14832 Williams Drive, Elk Rapids, MI
IDX provided courtesy of Realcomp II Ltd. via EXIT Realty and Realcomp MLS, ©2026 Realcomp II Ltd. Shareholders.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
The properties on this web site come in part from the Broker Reciprocity Program of the Member MLS’s of the Southwestern Michigan Regional Information Center. Information Deemed Reliable But Not Guaranteed. © 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved.
Thinking about listing?
Skip the guesswork — find out what your home would actually command in today's Elk Rapids market.
EXIT Northern Shores Realty, serving Elk Rapids
About Elk Rapids
Nearby schools for Elk Rapids, MI (approximate).
Nearby Schools
Elementary 10
Elk Rapids Schools
Old Mission Peninsula School
Rapid City Elementary School
Elk Rapids Schools
John R Rodger Elementary School
Bellaire Elementary School
Eastern Elementary School
Traverse City Area Public Schools
Bethlehem Nursery School
Leelanau Montessori
Secondary 6
Elk Rapids School
Elk Rapids High School
Bellaire High School
Traverse City Central High School
Munson Regional Ems Education.
North Ed Career Tech
Other schools 4
Acme Institute
The Pathfinder School
Traverse Bay Area Intermediate School
Manufacturing Technology Academy
Simple, guided, proven
How selling in Elk Rapids works
Step 1: Connect with a local agent
Tell us about your home and we'll match you with an EXIT Realty agent who knows the Elk Rapids market.
Step 2: Get a personalized valuation
Your agent prepares a comparative market analysis and recommends a pricing strategy built for today's market.
Step 3: Market with impact
Professional photography, online syndication, and targeted promotion reach the right buyers, faster.
Step 4: Sell and close with confidence
Your agent negotiates the strongest offer and guides you all the way through to closing day.
The number that matters
What is your home actually worth?
These figures describe the Elk Rapids market — not your home. A local EXIT Realty agent will prepare a precise valuation from comparable sales, your home's condition, and what buyers are paying right now. No obligation.
Tell us a little about your home. A local agent from EXIT Northern Shores Realty will reach out with a personalized market analysis — no obligation.
In your corner, locally
Your local EXIT Realty offices
These EXIT Realty offices serve Elk Rapids. When you're ready, reach out and let an agent take it from here.
EXIT Northern Shores Realty
710 US Hwy 31Elk Rapids, MI 49629 · In Elk Rapids
Stephen Karas, Broker of Record
Serving Elk Rapids and surrounding areas
EXIT Northern Shores Realty
515 W Fourteenth St.Traverse City, MI 49684 · 23.7 mi
Stephen Karas, Broker of Record
Serving Traverse City and surrounding areas
EXIT Northern Shores Realty
204 S. Cedar StreetKalkaska, MI 49646 · 26.2 mi
Stephen Karas, Broker of Record
Serving Kalkaska and surrounding areas
The EXIT advantage
Why sell with EXIT Realty?
Agents invested in your success
EXIT Realty's residual income model keeps our agents focused on results — your sale, not just the next deal.
Local expertise, global network
A local expert markets your home, backed by thousands of EXIT associates across North America.
Comprehensive marketing
Professional photography, online syndication, and targeted promotion put your home in front of ready buyers.