The median home in Rapid City, Michigan is valued at $351,688, down 1.0% year over year. Rapid City is part of the Traverse City, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Traverse City, MI stress score, crash risk, and 12-month forecast →
Home Value$351,688
-1.0%
AFFORDABILITY6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Rapid City.
$70,338 on $351,688
Out of reach — 37.8% of income
Need $101,271/yr to afford.
PITI$2,363
P/I37.8%
Afford$260K
Gap-$91K
P&I $1,778Tax $451Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
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Full Traverse City, MI analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Traverse City, MI metro.
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