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Featured local agent — Eaton Rapids, MI
Sarah Mitchell
Compass Real Estate · Eaton Rapids, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Eaton Rapids, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$273,000median sale price
How is the Eaton Rapids, MI housing market right now?
The median home sale price in Eaton Rapids, MI is $273,000, up 13.8% year-over-year. Homes sell in an average of 33 days with 16 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Eaton Rapids a buyer's or seller's market?
Eaton Rapids, MI is currently a seller's market, based on 2.7 months of supply and homes selling in about 33 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
33
Average pace
Active listings
16
2.7 months supply
Sale-to-list
102.4%
Above asking
What does the Eaton Rapids housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $273,000 |
| Median list price | $225,000 |
| Year-over-year price change | +13.8% |
| Average days on market | 33 days |
| Active inventory | 16 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 102.4% |
| Median price per sq ft | $121/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 13 |
| Listings with a price cut | 31.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Eaton Rapids by property type?
How the Eaton Rapids, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $273,000 | $121/sq ft | 6 | 33 days |
| Condo / Co-op | $177,500 | $100/sq ft | 2 | 69 days |
Source: Redfin · Updated monthly
The Eaton Rapids housing market is currently classified as a seller's market with a median sale price of $273,000. Prices have risen 13.8% compared to last year, with homes spending an average of 33 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in Eaton Rapids
There are currently 16 homes listed for sale in Eaton Rapids, Michigan. The median listing price is $225K.
Active listings
16
Homes on market
Median list price
$225K
Avg. days on market
33
Days until sale
New this week
13
Newly listed
Who lives in Eaton Rapids?
Population
5,197
Median income
$63,618/yr
Median age
40.2 years
Owner-occupied
64.2%
College grads
17.7%
Avg commute
27.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Eaton Rapids?
Zillow home value
$259,149
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Eaton Rapids?
Eaton Rapids is a community of approximately 5K residents with a median age of 40.2 years.The median household income is $63,618, which represents a working-class community with solid middle-income opportunities. 17.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 64.2%, showing a blend of owner and renter-occupied properties. The average commute time is 27.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Eaton Rapids offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Eaton Rapids?
8 schools tracked · 2,525 students
The largest public schools serving Eaton Rapids, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Eaton Rapids High School
Grades 9-12 · 635 students
Eaton Rapids Middle School
Grades 6-8 · 418 students
LifeTech Academy
Grades K-12 · 400 students
Greyhound Intermediate School
Grades 3-5 · 358 students
Lockwood Elementary School
Grades PK-3 · 325 students
Island City Academy
Grades K-8 · 197 students
Greyhound Central Elementary School
Grades PK-K · 115 students
Greyhound Central Performance Academy
Grades 3-12 · 77 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Eaton Rapids, MI?
Want a head-to-head view? Compare Eaton Rapids side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Eaton Rapids?
The median home sale price in Eaton Rapids is $273,000, up 13.8% from last year.
How long do homes stay on market in Eaton Rapids?
Homes typically spend 33 days on market before going under contract.
What is the median income in Eaton Rapids?
The median household income is $63,618 per year.
Is Eaton Rapids a buyer's or seller's market?
With 2.7 months of supply, Eaton Rapids is currently a seller's market.
What is the Zillow home value estimate for Eaton Rapids?
The Zillow Home Value Index (ZHVI) for Eaton Rapids is $259,149, representing the typical home value in the area.
What is the median condo price in Eaton Rapids?
The median condo/co-op sale price in Eaton Rapids, MI is $177,500, compared to $273,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Eaton Rapids?
The median single-family home price in Eaton Rapids, MI is $273,000 (about $121 per square foot).
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