Housing Prices in Rives Township, MI
How much do homes in Rives Township, MI cost?
Median List Price
$262,450
$162/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Summary: The median home list price in Rives Township was $262,450 in May 2024, down 2.8% from the previous year, and the median price per square foot was $162.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $430K | $297.5K | -30.8% |
2 Bedrooms | $165K | $169.9K | +3.0% |
3 Bedrooms | $244.9K | $249.9K | +2.0% |
4 Bedrooms | $330K | $339.9K | +3.0% |
5+ Bedrooms | $252K | $262.4K | +4.1% |
Summary: Rives Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.8%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 4.1%.
Median List Price Compared To Nearby Cities
Pleasant Lake | $229K | $304.5K | +33.0% |
Henrietta Township | $220K | $285.7K | +29.9% |
Leslie Township | $199.9K | $209.9K | +5.0% |
Rives Township | $270K | $262.4K | -2.8% |
Rives Junction | $265K | $250K | -5.7% |
Housing Supply in Rives Township, MI
How many homes are available in Rives Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 6 | -45.5% |
Summary: The Rives Township real estate market had 6 homes for sale in May 2024, a 45.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Rives Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Days on Market for Rives Township, MI
How long does it take to sell a home in Rives Township, MI?
Average Listing Age
May 2023 | May 2024 | CHANGE |
---|---|---|
71 Days | 41 Days | -41.3% |
Summary: Homes in Rives Township had an average listing age of 41 days in May 2024, down by 41.3% compared to the previous year.