Big Rapids Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Big Rapids averaged
7.4%
for the week of 2026-11-05, compared to the national average of
7.18% for the same period.
The average rate for the prior week (2026-10-29) was
7.36% and
one month ago for the week of 2026-10-01, the
average rate was 7.6%.
Big Rapids's average rate one year ago was 6.09%.
For refis of the same type during the week of 2026-11-05, the average rate
was 7.68%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2026-11-05 | 7.18% |
| Big Rapids 30 Year Fixed Rate | 2026-11-05 | 7.4% |
| Big Rapids 30 Year Fixed Rate Refi | 2026-11-05 | 7.68% |
| Big Rapids 15 Year Fixed Rate | 2026-11-05 | 6.67% |
| Big Rapids 15 Year Fixed Rate Refi | 2026-11-05 | 6.57% |
| Big Rapids 30 Year FHA | 2026-11-05 | 7.19% |
| Big Rapids 30 Year FHA Refi | 2026-11-05 | 7.03% |
| Big Rapids 30 Year USDA | 2026-11-05 | 7.2% |
| Big Rapids 30 Year USDA Refi | 2026-11-05 | 7% |
| Big Rapids 30 Year VA | 2026-11-05 | 6.76% |
| Big Rapids 30 Year VA Refi | 2026-11-05 | 6.66% |
Big Rapids Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Big Rapids, MI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Big Rapids Average Closing Costs & Other Stats
Big Rapids, MI's 75 lenders originated 1,004
loans during 2025. The total origination value was $187,460,000, with an average loan value of
$186,713.
Big Rapids's average closing costs are $4,358.
The top Big Rapids lender as defined by loan originations is QUICKEN LOANS, LLC, with
33 loans originated. Their average total fees are
$7,112, which is $3,675
higher than the next largest lender,
Isabella Bank.
The lowest fee Big Rapids lenders (with over 10 loans originated) are
Isabella Bank ($3,436), LAKE MICHIGAN CREDIT UNION ($3,471), The Dart Bank ($3,622), Mercantile Bank of Michigan ($3,655) and The Huntington National Bank ($3,655).
The lowest rate Big Rapids lenders (with over 10 loans originated) are
Isabella Bank (5.71%), LAKE MICHIGAN CREDIT UNION (6.43%), The Huntington National Bank (6.67%), UNITED WHOLESALE MORTGAGE, LLC (6.68%) and Independent Bank (6.70%).
Big Rapids, MI Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2024 Loan Value | 2025 Loan Value | % Change | 2025 Market Share |
|---|---|---|---|---|
| Isabella Bank | $13,755,000 | $22,360,000 | 62.6% | 11.9% |
| QUICKEN LOANS, LLC | $11,125,000 | $14,080,000 | 26.6% | 7.5% |
| LAKE MICHIGAN CREDIT UNION | $11,295,000 | $12,685,000 | 12.3% | 6.8% |
| The Huntington National Bank | $9,065,000 | $10,280,000 | 13.4% | 5.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $8,430,000 | $9,415,000 | 11.7% | 5.0% |
| UNION HOME MORTGAGE CORP. | $3,585,000 | $9,365,000 | 161.2% | 5.0% |
| Independent Bank | $5,080,000 | $5,975,000 | 17.6% | 3.2% |
| The Dart Bank | $3,210,000 | $5,795,000 | 80.5% | 3.1% |
| Mercantile Bank of Michigan | $7,120,000 | $5,585,000 | -21.6% | 3.0% |
| GreenStone Farm Credit Services, FLCA | $3,160,000 | $5,275,000 | 66.9% | 2.8% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $2,690,000 | $4,675,000 | 73.8% | 2.5% |
| Fifth Third Bank | $3,760,000 | $3,625,000 | -3.6% | 1.9% |
| Horizon Bank | $2,820,000 | $3,470,000 | 23.0% | 1.9% |
| GUILD MORTGAGE COMPANY | $3,975,000 | $3,185,000 | -19.9% | 1.7% |
| PENNYMAC LOAN SERVICES, LLC | $665,000 | $2,945,000 | 342.9% | 1.6% |
| West Michigan Credit Union | $825,000 | $2,815,000 | 241.2% | 1.5% |
| Mortgage Research Center, LLC | $3,210,000 | $2,810,000 | -12.5% | 1.5% |
| JPMorgan Chase Bank | $925,000 | $2,050,000 | 121.6% | 1.1% |
| CONSUMERS | $1,885,000 | $1,975,000 | 4.8% | 1.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $640,000 | $1,860,000 | 190.6% | 1.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $2,420,000 | $1,695,000 | -30.0% | 0.9% |
| Northpointe Bank | $615,000 | $1,695,000 | 175.6% | 0.9% |
| First Federal Bank | $1,335,000 | n/a | 0.7% | |
| LOANDEPOT.COM, LLC | $405,000 | $1,310,000 | 223.5% | 0.7% |
| MORTGAGE 1 INCORPORATED | $1,120,000 | $1,290,000 | 15.2% | 0.7% |
| BROKER SOLUTIONS, INC. | $1,170,000 | $1,260,000 | 7.7% | 0.7% |
| AMERISAVE MORTGAGE CORPORATION | $260,000 | $1,195,000 | 359.6% | 0.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $780,000 | $1,195,000 | 53.2% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $545,000 | $1,190,000 | 118.3% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $575,000 | $1,180,000 | 105.2% | 0.6% |
| FREEDOM MORTGAGE CORPORATION | $555,000 | $1,160,000 | 109.0% | 0.6% |
| MICHIGAN FIRST CREDIT UNION | $1,135,000 | n/a | 0.6% | |
| Flagstar Bank, FSB | $1,775,000 | $1,055,000 | -40.6% | 0.6% |
| NEW DAY FINANCIAL, LLC | $530,000 | $1,040,000 | 96.2% | 0.6% |
| Adventure Credit Union | $225,000 | $995,000 | 342.2% | 0.5% |
| CITY-COUNTY CREDIT UNION | $985,000 | n/a | 0.5% | |
| UNITED | $25,000 | $970,000 | 3,780.0% | 0.5% |
| CMG MORTGAGE, INC. | $435,000 | $880,000 | 102.3% | 0.5% |
| Servion, Inc. | $245,000 | $785,000 | 220.4% | 0.4% |
| Preston Home Loans Inc | $1,200,000 | $700,000 | -41.7% | 0.4% |
| ZILLOW HOME LOANS, LLC | $490,000 | $700,000 | 42.9% | 0.4% |
| PHH Mortgage Corporation | $695,000 | n/a | 0.4% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $690,000 | n/a | 0.4% | |
| DFCU FINANCIAL | $390,000 | $690,000 | 76.9% | 0.4% |
| AMERICAN HERITAGE LENDING, INC. | $125,000 | $685,000 | 448.0% | 0.4% |
| Bank of America | $205,000 | $680,000 | 231.7% | 0.4% |
| Sunflower Bank | $205,000 | $670,000 | 226.8% | 0.4% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $700,000 | $655,000 | -6.4% | 0.3% |
| Equity Prime Mortgage LLC | $175,000 | $625,000 | 257.1% | 0.3% |
| Citizens Bank | $160,000 | $595,000 | 271.9% | 0.3% |
| COMMUNITY FIRST | $1,960,000 | $595,000 | -69.6% | 0.3% |
| NEWREZ LLC | $475,000 | $595,000 | 25.3% | 0.3% |
| STAUNTON FINANCIAL, INC. | $300,000 | $580,000 | 93.3% | 0.3% |
| MORTGAGE CENTER L.C | $570,000 | n/a | 0.3% | |
| ChoiceOne Bank | $2,115,000 | $520,000 | -75.4% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $25,000 | $520,000 | 1,980.0% | 0.3% |
| TOWNE MORTGAGE COMPANY | $505,000 | n/a | 0.3% | |
| Mr. Cooper ( Nationstar Mortgage ) | $2,075,000 | $500,000 | -75.9% | 0.3% |
| MICHIGAN SCHOOLS AND GOVERNMENT | $450,000 | $495,000 | 10.0% | 0.3% |
| Wells Fargo Bank | $635,000 | $450,000 | -29.1% | 0.2% |
| GENISYS | $35,000 | $435,000 | 1,142.9% | 0.2% |
| Signature Bank, N.A. | $435,000 | n/a | 0.2% | |
| AMERICAN FINANCING CORPORATION | $125,000 | $425,000 | 240.0% | 0.2% |
| MEMBERS FIRST Credit Union | $255,000 | $420,000 | 64.7% | 0.2% |
| BETTER MORTGAGE CORPORATION | $145,000 | $410,000 | 182.8% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $1,145,000 | $390,000 | -65.9% | 0.2% |
| PLANET HOME LENDING, LLC | $325,000 | $375,000 | 15.4% | 0.2% |
| Michigan Educational Credit Union | $560,000 | $365,000 | -34.8% | 0.2% |
| PNC Bank | $1,280,000 | $365,000 | -71.5% | 0.2% |
| PFCU | $45,000 | $360,000 | 700.0% | 0.2% |
| Grand River Bank | $375,000 | $355,000 | -5.3% | 0.2% |
| NFM, INC. | $345,000 | n/a | 0.2% | |
| GERBER FEDERAL CREDIT UNION | $370,000 | $335,000 | -9.5% | 0.2% |
| USAA Federal Savings Bank | $645,000 | $320,000 | -50.4% | 0.2% |
| LAFCU | $165,000 | $315,000 | 90.9% | 0.2% |
| Old National Bank | $185,000 | $315,000 | 70.3% | 0.2% |
| PURDUE FEDERAL CREDIT UNION | $315,000 | n/a | 0.2% | |
| HOMESIDE FINANCIAL, LLC | $300,000 | n/a | 0.2% | |
| Ameris Bank | $295,000 | n/a | 0.2% | |
| Carrington Mortgage Services, LLC | $1,085,000 | $295,000 | -72.8% | 0.2% |
| Commerce Home Mortgage, Inc. | $295,000 | n/a | 0.2% | |
| LENDINGHOME FUNDING CORPORATION | $295,000 | n/a | 0.2% | |
| 21ST MORTGAGE CORPORATION | $595,000 | $290,000 | -51.3% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $270,000 | n/a | 0.1% | |
| Merchants Bank of Indiana | $265,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $265,000 | n/a | 0.1% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,290,000 | $260,000 | -79.8% | 0.1% |
| THE MORTGAGE LINK, INC. | $255,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL NETWORK, INC. | $245,000 | n/a | 0.1% | |
| STOCKTON MORTGAGE CORPORATION | $245,000 | n/a | 0.1% | |
| First National Bank of America | $240,000 | n/a | 0.1% | |
| The Loan Store, Inc. | $105,000 | $235,000 | 123.8% | 0.1% |
| CREDIT UNION ONE | $130,000 | $230,000 | 76.9% | 0.1% |
| AAC Credit Union | $225,000 | n/a | 0.1% | |
| Associated Bank | $225,000 | n/a | 0.1% | |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $1,760,000 | $225,000 | -87.2% | 0.1% |
| MICHIGAN MUTUAL, INC. | $210,000 | $215,000 | 2.4% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $405,000 | $215,000 | -46.9% | 0.1% |
| DAS Acquisition Company, LLC | $225,000 | $205,000 | -8.9% | 0.1% |
| Dort Financial Credit Union | $205,000 | n/a | 0.1% | |
| Sidney State Bank | $205,000 | n/a | 0.1% | |
| Community West Credit Union | $95,000 | $180,000 | 89.5% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $155,000 | n/a | 0.1% | |
| Discover Bank | $160,000 | $150,000 | -6.3% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $505,000 | $145,000 | -71.3% | 0.1% |
| Coastal Community Bank | $100,000 | $140,000 | 40.0% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $225,000 | $135,000 | -40.0% | 0.1% |
| CITIZENS EQUITY FIRST | $135,000 | n/a | 0.1% | |
| MMS MORTGAGE SERVICES, LTD. | $595,000 | $135,000 | -77.3% | 0.1% |
| VAN DYK MORTGAGE CORPORATION | $755,000 | $135,000 | -82.1% | 0.1% |
| CLEARPATH LENDING | $125,000 | n/a | 0.1% | |
| First State Bank | $125,000 | n/a | 0.1% | |
| United Bay Community Credit Union | $125,000 | n/a | 0.1% | |
| Wildfire Credit Union | $125,000 | n/a | 0.1% | |
| MICHIGAN ONE COMMUNITY Credit Union | $75,000 | $120,000 | 60.0% | 0.1% |
| ILLINOIS STATE CREDIT UNION | $115,000 | n/a | 0.1% | |
| Lake Trust Credit Union | $55,000 | $115,000 | 109.1% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $115,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $115,000 | n/a | 0.1% | |
| Figure Lending LLC | $80,000 | $110,000 | 37.5% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $105,000 | n/a | 0.1% | |
| Plains Commerce Bank | $105,000 | n/a | 0.1% | |
| RUOFF MORTGAGE COMPANY, INC. | $315,000 | $105,000 | -66.7% | 0.1% |
| Baxter Credit Union | $95,000 | n/a | 0.1% | |
| Parda Federal Credit Union | $95,000 | n/a | 0.1% | |
| T2 FINANCIAL LLC | $205,000 | $95,000 | -53.7% | 0.1% |
| Public Service Credit Union | $75,000 | n/a | 0.0% | |
| CASE | $65,000 | n/a | 0.0% | |
| COMMUNITY FINANCIAL CREDIT UNION | $185,000 | $65,000 | -64.9% | 0.0% |
| U.S. Bank | $55,000 | n/a | 0.0% | |
| PREFERRED CREDIT UNION | $50,000 | n/a | 0.0% | |
| ARBOR FINANCIAL CREDIT UNION | $125,000 | $45,000 | -64.0% | 0.0% |
| MEMBERFOCUS COMMUNITY | $25,000 | n/a | 0.0% |
Big Rapids's top lender by overall market share is Isabella Bank, with 11.9% market share. In second place, with 7.5%, is QUICKEN LOANS, LLC, having originated $14,080,000 in loans. In third place, with 6.8%, is LAKE MICHIGAN CREDIT UNION, having originated $12,685,000 in loans. In fourth place, with 5.5%, is The Huntington National Bank, having originated $10,280,000 in loans. In fifth place, with 5.0%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $9,415,000 in loans.
Big Rapids Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Big Rapids (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $143,675 (2.7%) | $179,623 (-7.3%) | 0.00 | 249 |
| 2018-02-01 | $150,575 (5.9%) | $188,291 (-7.5%) | 0.00 | 232 |
| 2018-03-01 | $159,900 (7.4%) | $195,372 (-3.9%) | 0.00 | 242 |
| 2018-04-01 | $160,900 (7.3%) | $192,707 (-4.9%) | 0.00 | 252 |
| 2018-05-01 | $159,950 (6.7%) | $190,158 (-4.2%) | 0.00 | 270 |
| 2018-06-01 | $164,900 (8.5%) | $191,392 (-2.2%) | 0.00 | 273 |
| 2018-07-01 | $164,900 (3.1%) | $191,342 (-3.4%) | 0.00 | 283 |
| 2018-08-01 | $165,000 (9.5%) | $191,248 (-0.5%) | 0.00 | 285 |
| 2018-09-01 | $159,450 (6.4%) | $187,960 (-0.7%) | 0.00 | 286 |
| 2018-10-01 | $156,550 (4.4%) | $184,010 (-1.7%) | 0.00 | 268 |
| 2018-11-01 | $154,900 (3.7%) | $178,751 (-2.8%) | 0.00 | 239 |
| 2018-12-01 | $149,900 (0.0%) | $174,340 (-5.8%) | 0.00 | 230 |
| 2019-01-01 | $159,200 (10.8%) | $180,673 (0.6%) | 0.00 | 208 |
| 2019-02-01 | $160,475 (6.6%) | $180,811 (-4.0%) | 0.00 | 195 |
| 2019-03-01 | $159,229 (-0.4%) | $180,725 (-7.5%) | 0.00 | 193 |
| 2019-04-01 | $165,825 (3.1%) | $189,553 (-1.6%) | 0.00 | 210 |
| 2019-05-01 | $179,425 (12.2%) | $203,415 (7.0%) | 0.00 | 226 |
| 2019-06-01 | $181,100 (9.8%) | $208,580 (9.0%) | 0.00 | 252 |
| 2019-07-01 | $180,550 (9.5%) | $209,970 (9.7%) | 0.00 | 285 |
| 2019-08-01 | $181,018 (9.7%) | $211,739 (10.7%) | 0.00 | 290 |
| 2019-09-01 | $182,695 (14.6%) | $213,951 (13.8%) | 0.00 | 279 |
| 2019-10-01 | $185,500 (18.5%) | $215,764 (17.3%) | 0.00 | 263 |
| 2019-11-01 | $185,750 (19.9%) | $219,234 (22.7%) | 0.00 | 225 |
| 2019-12-01 | $186,950 (24.7%) | $221,387 (27.0%) | 0.00 | 208 |
| 2020-01-01 | $183,825 (15.5%) | $224,919 (24.5%) | 0.00 | 196 |
| 2020-02-01 | $194,900 (21.5%) | $232,278 (28.5%) | 0.00 | 183 |
| 2020-03-01 | $199,700 (25.4%) | $241,783 (33.8%) | 0.00 | 178 |
| 2020-04-01 | $198,500 (19.7%) | $242,762 (28.1%) | 0.00 | 177 |
| 2020-05-01 | $212,450 (18.4%) | $252,302 (24.0%) | 0.00 | 170 |
| 2020-06-01 | $216,850 (19.7%) | $243,959 (17.0%) | 0.00 | 155 |
| 2020-07-01 | $216,725 (20.0%) | $239,196 (13.9%) | 0.00 | 136 |
| 2020-08-01 | $214,900 (18.7%) | $246,171 (16.3%) | 0.00 | 120 |
| 2020-09-01 | $188,425 (3.1%) | $230,086 (7.5%) | 0.00 | 120 |
| 2020-10-01 | $179,250 (-3.4%) | $225,786 (4.6%) | 0.00 | 102 |
| 2020-11-01 | $178,900 (-3.7%) | $220,650 (0.7%) | 0.00 | 98 |
| 2020-12-01 | $164,900 (-11.8%) | $215,286 (-2.8%) | 0.00 | 76 |
| 2021-01-01 | $149,950 (-18.4%) | $219,522 (-2.4%) | 0.00 | 60 |
| 2021-02-01 | $194,425 (-0.2%) | $259,166 (11.6%) | 0.00 | 56 |
| 2021-03-01 | $213,750 (7.0%) | $267,709 (10.7%) | 0.00 | 59 |
| 2021-04-01 | $234,725 (18.3%) | $267,383 (10.1%) | 0.00 | 73 |
| 2021-05-01 | $195,000 (-8.2%) | $239,886 (-4.9%) | 0.00 | 80 |
| 2021-06-01 | $189,925 (-12.4%) | $238,986 (-2.0%) | 0.00 | 95 |
| 2021-07-01 | $209,950 (-3.1%) | $251,487 (5.1%) | 0.00 | 114 |
| 2021-08-01 | $199,675 (-7.1%) | $253,115 (2.8%) | 0.00 | 103 |
| 2021-09-01 | $188,750 (0.2%) | $245,298 (6.6%) | 0.00 | 88 |
| 2021-10-01 | $225,000 (25.5%) | $256,247 (13.5%) | 0.00 | 94 |
| 2021-11-01 | $218,225 (22.0%) | $252,535 (14.5%) | 0.00 | 94 |
| 2021-12-01 | $178,475 (8.2%) | $236,847 (10.0%) | 0.00 | 84 |
| 2022-01-01 | $187,250 (24.9%) | $229,331 (4.5%) | 0.00 | 79 |
| 2022-02-01 | $253,725 (30.5%) | $252,156 (-2.7%) | 0.00 | 70 |
| 2022-03-01 | $241,225 (12.9%) | $254,184 (-5.1%) | 0.00 | 80 |
| 2022-04-01 | $244,950 (4.4%) | $258,394 (-3.4%) | 0.00 | 86 |
| 2022-05-01 | $233,600 (19.8%) | $263,740 (9.9%) | 0.00 | 95 |
| 2022-06-01 | $249,925 (31.6%) | $274,648 (14.9%) | 0.00 | 116 |
| 2022-07-01 | $270,000 (28.6%) | $309,401 (23.0%) | 0.00 | 119 |
| 2022-08-01 | $270,750 (35.6%) | $309,973 (22.5%) | 0.00 | 116 |
| 2022-09-01 | $266,250 (41.1%) | $300,188 (22.4%) | 0.00 | 116 |
| 2022-10-01 | $287,400 (27.7%) | $311,876 (21.7%) | 0.00 | 111 |
| 2022-11-01 | $294,725 (35.1%) | $320,397 (26.9%) | 0.00 | 97 |
| 2022-12-01 | $299,000 (67.5%) | $326,419 (37.8%) | 0.00 | 96 |
| 2023-01-01 | $283,475 (51.4%) | $325,531 (42.0%) | 0.00 | 77 |
| 2023-02-01 | $312,463 (23.2%) | $344,975 (36.8%) | 0.00 | 66 |
| 2023-03-01 | $309,950 (28.5%) | $352,093 (38.5%) | 0.00 | 72 |
| 2023-04-01 | $322,500 (31.7%) | $361,097 (39.8%) | 0.00 | 76 |
| 2023-05-01 | $324,999 (39.1%) | $368,672 (39.8%) | 0.00 | 82 |
| 2023-06-01 | $316,250 (26.5%) | $353,796 (28.8%) | 0.00 | 92 |
| 2023-07-01 | $314,900 (16.6%) | $340,771 (10.1%) | 0.00 | 104 |
| 2023-08-01 | $292,500 (8.0%) | $328,770 (6.1%) | 0.00 | 121 |
| 2023-09-01 | $289,900 (8.9%) | $340,626 (13.5%) | 0.00 | 129 |
| 2023-10-01 | $287,225 (-0.1%) | $353,780 (13.4%) | 0.00 | 121 |
| 2023-11-01 | $280,000 (-5.0%) | $358,774 (12.0%) | 0.00 | 107 |
| 2023-12-01 | $257,450 (-13.9%) | $358,306 (9.8%) | 0.00 | 107 |
| 2024-01-01 | $275,800 (-2.7%) | $356,465 (9.5%) | 0.00 | 94 |
| 2024-02-01 | $283,450 (-9.3%) | $348,589 (1.1%) | 0.00 | 91 |
| 2024-03-01 | $284,450 (-8.2%) | $349,403 (-0.8%) | 0.00 | 101 |
| 2024-04-01 | $282,475 (-12.4%) | $348,112 (-3.6%) | 0.00 | 123 |
| 2024-05-01 | $294,650 (-9.3%) | $371,242 (0.7%) | 0.00 | 130 |
| 2024-06-01 | $285,000 (-9.9%) | $369,240 (4.4%) | 0.00 | 149 |
| 2024-07-01 | $286,500 (-9.0%) | $367,747 (7.9%) | 0.00 | 153 |
| 2024-08-01 | $285,000 (-2.6%) | $364,626 (10.9%) | 0.00 | 161 |
| 2024-09-01 | $283,088 (-2.4%) | $354,465 (4.1%) | 0.00 | 165 |
| 2024-10-01 | $287,450 (0.1%) | $369,918 (4.6%) | 0.00 | 169 |
| 2024-11-01 | $279,900 (0.0%) | $361,724 (0.8%) | 0.00 | 177 |
| 2024-12-01 | $269,475 (4.7%) | $332,800 (-7.1%) | 0.00 | 164 |
| 2025-01-01 | $269,075 (-2.4%) | $326,243 (-8.5%) | 0.00 | 133 |
| 2025-02-01 | $271,225 (-4.3%) | $338,366 (-2.9%) | 0.00 | 123 |
| 2025-03-01 | $274,950 (-3.3%) | $340,204 (-2.6%) | 0.00 | 119 |
| 2025-04-01 | $304,192 (7.7%) | $354,091 (1.7%) | 0.00 | 127 |
| 2025-05-01 | $310,000 (5.2%) | $353,257 (-4.8%) | 0.00 | 138 |
| 2025-06-01 | $327,375 (14.9%) | $372,323 (0.8%) | 0.00 | 128 |
| 2025-07-01 | $329,900 (15.2%) | $380,805 (3.6%) | 0.00 | 141 |
| 2025-08-01 | $330,000 (15.8%) | $382,545 (4.9%) | 0.00 | 144 |
| 2025-09-01 | $301,150 (6.4%) | $364,727 (2.9%) | 0.00 | 144 |
| 2025-10-01 | $299,900 (4.3%) | $345,365 (-6.6%) | 0.00 | 153 |
| 2025-11-01 | $286,450 (2.3%) | $335,640 (-7.2%) | 0.00 | 146 |
| 2025-12-01 | $284,925 (5.7%) | $327,097 (-1.7%) | 0.00 | 128 |
| 2026-01-01 | $284,950 (5.9%) | $325,959 (-0.1%) | 0.00 | 120 |
| 2026-02-01 | $296,200 (9.2%) | $341,813 (1.0%) | 0.00 | 103 |
| 2026-03-01 | $321,200 (16.8%) | $378,614 (11.3%) | 0.00 | 115 |
| 2026-04-01 | $333,175 (9.5%) | $394,530 (11.4%) | 0.00 | 119 |
| 2026-05-01 | $330,000 (6.5%) | $394,694 (11.7%) | 0.00 | 145 |
| 2026-06-01 | $321,975 (-1.7%) | $379,628 (2.0%) | 0.00 | 153 |
| 2026-07-01 | $309,900 (-6.1%) | $368,007 (-3.4%) | 0.00 | 159 |
| 2026-08-01 | $294,950 (-10.6%) | $355,302 (-7.1%) | 0.00 | 171 |
| 2026-09-01 | $290,950 (-3.4%) | $354,370 (-2.8%) | 0.00 | 180 |
| 2026-10-01 | $300,500 (0.2%) | $362,482 (5.0%) | 0.00 | 186 |
Big Rapids's median listing price comes in at 0% of the national average.
Big Rapids's average listing price for 2026-10-01 was $362,482, a difference of $17,117 (5.0%) versus the prior year and $8,112 versus the prior month.
For the 2026-10-01 period, Big Rapids had 186 MLS listings, a difference of 6 listings (3%) versus the prior month and 33 listings (22%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Big Rapids (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,676 sqft |
| 2018-02-01 | 0 days | 1,703 sqft |
| 2018-03-01 | 0 days | 1,750 sqft |
| 2018-04-01 | 0 days | 1,716 sqft |
| 2018-05-01 | 0 days | 1,691 sqft |
| 2018-06-01 | 0 days | 1,704 sqft |
| 2018-07-01 | 0 days | 1,692 sqft |
| 2018-08-01 | 0 days | 1,719 sqft |
| 2018-09-01 | 0 days | 1,660 sqft |
| 2018-10-01 | 0 days | 1,677 sqft |
| 2018-11-01 | 0 days | 1,604 sqft |
| 2018-12-01 | 0 days | 1,600 sqft |
| 2019-01-01 | 0 days | 1,676 sqft |
| 2019-02-01 | 0 days | 1,653 sqft |
| 2019-03-01 | 0 days | 1,714 sqft |
| 2019-04-01 | 0 days | 1,800 sqft |
| 2019-05-01 | 0 days | 1,843 sqft |
| 2019-06-01 | 0 days | 1,840 sqft |
| 2019-07-01 | 0 days | 1,796 sqft |
| 2019-08-01 | 0 days | 1,792 sqft |
| 2019-09-01 | 0 days | 1,825 sqft |
| 2019-10-01 | 0 days | 1,846 sqft |
| 2019-11-01 | 0 days | 1,838 sqft |
| 2019-12-01 | 0 days | 1,823 sqft |
| 2020-01-01 | 0 days | 1,810 sqft |
| 2020-02-01 | 0 days | 1,845 sqft |
| 2020-03-01 | 0 days | 1,839 sqft |
| 2020-04-01 | 0 days | 1,791 sqft |
| 2020-05-01 | 0 days | 1,909 sqft |
| 2020-06-01 | 0 days | 1,881 sqft |
| 2020-07-01 | 0 days | 1,800 sqft |
| 2020-08-01 | 0 days | 1,872 sqft |
| 2020-09-01 | 0 days | 1,800 sqft |
| 2020-10-01 | 0 days | 1,768 sqft |
| 2020-11-01 | 0 days | 1,750 sqft |
| 2020-12-01 | 0 days | 1,783 sqft |
| 2021-01-01 | 0 days | 1,777 sqft |
| 2021-02-01 | 0 days | 1,959 sqft |
| 2021-03-01 | 0 days | 1,855 sqft |
| 2021-04-01 | 0 days | 1,863 sqft |
| 2021-05-01 | 0 days | 1,871 sqft |
| 2021-06-01 | 0 days | 1,763 sqft |
| 2021-07-01 | 0 days | 1,706 sqft |
| 2021-08-01 | 0 days | 1,672 sqft |
| 2021-09-01 | 0 days | 1,634 sqft |
| 2021-10-01 | 0 days | 1,787 sqft |
| 2021-11-01 | 0 days | 1,699 sqft |
| 2021-12-01 | 0 days | 1,637 sqft |
| 2022-01-01 | 0 days | 1,664 sqft |
| 2022-02-01 | 0 days | 1,656 sqft |
| 2022-03-01 | 0 days | 1,526 sqft |
| 2022-04-01 | 0 days | 1,553 sqft |
| 2022-05-01 | 0 days | 1,626 sqft |
| 2022-06-01 | 0 days | 1,700 sqft |
| 2022-07-01 | 0 days | 1,700 sqft |
| 2022-08-01 | 0 days | 1,666 sqft |
| 2022-09-01 | 0 days | 1,649 sqft |
| 2022-10-01 | 0 days | 1,600 sqft |
| 2022-11-01 | 0 days | 1,614 sqft |
| 2022-12-01 | 0 days | 1,600 sqft |
| 2023-01-01 | 0 days | 1,589 sqft |
| 2023-02-01 | 0 days | 1,598 sqft |
| 2023-03-01 | 0 days | 1,704 sqft |
| 2023-04-01 | 0 days | 1,664 sqft |
| 2023-05-01 | 0 days | 1,780 sqft |
| 2023-06-01 | 0 days | 1,756 sqft |
| 2023-07-01 | 0 days | 1,771 sqft |
| 2023-08-01 | 0 days | 1,853 sqft |
| 2023-09-01 | 0 days | 1,895 sqft |
| 2023-10-01 | 0 days | 1,920 sqft |
| 2023-11-01 | 0 days | 1,892 sqft |
| 2023-12-01 | 0 days | 1,855 sqft |
| 2024-01-01 | 0 days | 1,779 sqft |
| 2024-02-01 | 0 days | 1,752 sqft |
| 2024-03-01 | 0 days | 1,775 sqft |
| 2024-04-01 | 0 days | 1,717 sqft |
| 2024-05-01 | 0 days | 1,788 sqft |
| 2024-06-01 | 0 days | 1,742 sqft |
| 2024-07-01 | 0 days | 1,809 sqft |
| 2024-08-01 | 0 days | 1,732 sqft |
| 2024-09-01 | 0 days | 1,727 sqft |
| 2024-10-01 | 0 days | 1,797 sqft |
| 2024-11-01 | 0 days | 1,812 sqft |
| 2024-12-01 | 0 days | 1,687 sqft |
| 2025-01-01 | 0 days | 1,677 sqft |
| 2025-02-01 | 0 days | 1,714 sqft |
| 2025-03-01 | 0 days | 1,720 sqft |
| 2025-04-01 | 0 days | 1,698 sqft |
| 2025-05-01 | 0 days | 1,650 sqft |
| 2025-06-01 | 0 days | 1,788 sqft |
| 2025-07-01 | 0 days | 1,855 sqft |
| 2025-08-01 | 0 days | 1,862 sqft |
| 2025-09-01 | 0 days | 1,792 sqft |
| 2025-10-01 | 0 days | 1,764 sqft |
| 2025-11-01 | 0 days | 1,690 sqft |
| 2025-12-01 | 0 days | 1,657 sqft |
| 2026-01-01 | 0 days | 1,700 sqft |
| 2026-02-01 | 0 days | 1,778 sqft |
| 2026-03-01 | 0 days | 1,794 sqft |
| 2026-04-01 | 0 days | 1,801 sqft |
| 2026-05-01 | 0 days | 1,793 sqft |
| 2026-06-01 | 0 days | 1,744 sqft |
| 2026-07-01 | 0 days | 1,710 sqft |
| 2026-08-01 | 0 days | 1,680 sqft |
| 2026-09-01 | 0 days | 1,689 sqft |
| 2026-10-01 | 0 days | 1,702 sqft |
Big Rapids's median square footage for active listings during the 2026-10-01 period was 1,702 sqft. One year prior, the average listing was 1,764 sqft.
Big Rapids, MI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 476 | $108,660,000 | $228,277 |
| Refi | 149 | $34,005,000 | $228,221 |
| Cash Out Refi | 141 | $24,375,000 | $172,872 |
| Home Improvement | 135 | $11,395,000 | $84,407 |
| Other | 103 | $9,025,000 | $87,621 |
Big Rapids's most frequently cited loan purpose was Home Purchase, with 476 originations. The 2nd most popular reason was Refi, with 149 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 407 | $90,185,000 | $221,585 |
| 7-8% | 254 | $38,430,000 | $151,299 |
| 5-6% | 171 | $40,925,000 | $239,327 |
| Over 8% | 129 | $10,645,000 | $82,519 |
| <2.5% | 10 | $90,000 | $9,000 |
| 4-5% | 8 | $1,220,000 | $152,500 |
| 3-4% | 1 | $115,000 | $115,000 |
During 2025, Big Rapids's most frequently originated rate bucket was 6-7%, with 407 originations.
Loan Sizing (Big Rapids, MI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 316 | $16,920,000 | $53,544 |
| $100k-200k | 313 | $46,605,000 | $148,898 |
| $200k-400k | 301 | $80,685,000 | $268,056 |
| $400k-600k | 55 | $25,975,000 | $472,273 |
| $600k-1000k | 14 | $10,260,000 | $732,857 |
| $Over $1MM | 5 | $7,015,000 | $1,403,000 |
Big Rapids's loan sizing saw the bucket of loans from $100,000 or less with 316 originations, totaling $16,920,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 334 | $82,740,000 | $247,725 |
| 60-80% | 193 | $48,785,000 | $252,772 |
| 20-40% | 176 | $16,540,000 | $93,977 |
| Under 20% | 147 | $6,475,000 | $44,048 |
| 40-60% | 110 | $22,930,000 | $208,455 |
| Over 100% | 5 | $905,000 | $181,000 |
Big Rapids's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 334 originations, totaling $82,740,000 in origination value.