Housing Prices in Riga, MI
How much do homes in Riga, MI cost?
Median List Price
$199,900
$136/sqft
Based on all homes listed in the last 12 months.
Difference Since February 2023
Summary: The median home list price in Riga was $199,900 in February 2024, down 15.8% from the previous year, and the median price per square foot was $136.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $155K | $95K | -38.7% |
3 Bedrooms | $227.2K | $134.9K | -40.6% |
4 Bedrooms | $300K | $398.9K | +33.0% |
5+ Bedrooms | $342.9K | $649.9K | +89.5% |
Summary: Riga housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 38.7%, 3 bedroom homes decreased by 40.6%, 4 bedroom homes increased by 33%, and 5+ bedroom homes increased by 89.5%.
Median List Price Compared To Nearby Cities
Ottawa Lake | $277.9K | $250K | -10.0% |
Whiteford Township | $277.9K | $250K | -10.0% |
Riga Township | $235K | $199.9K | -14.9% |
Riga | $237.4K | $199.9K | -15.8% |
Housing Supply in Riga, MI
How many homes are available in Riga, MI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Summary: The Riga real estate market had 1 homes for sale in February 2024, the same as January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Riga housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Riga, MI
How long does it take to sell a home in Riga, MI?
Average Listing Age
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
107 Days | 66 Days | -38.6% |
Summary: Homes in Riga had an average listing age of 66 days in Feb 2024, down by 38.6% compared to the previous year.