Housing Prices in Rivertown, MI
How much do homes in Rivertown, MI cost?
Median List Price
$290,000
$236/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Rivertown has increased by 8.6% since last year.
Summary: The median home list price in Rivertown was $290,000 in April 2024, up 8.6% from the previous year, and the median price per square foot was $236.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.4K | $185K | +1.4% |
| 2 Bedrooms | $295K | $295K | 0.0% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $565K | $449.9K | -20.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Rivertown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Neighborhoods
| Rivertown | $267K | $290K | +8.6% |
| Island View | $137K | $135K | -1.5% |
| Lower East Central | $179K | $153.5K | -14.2% |
| Butzel | $169.9K | $139K | -18.2% |
| Lafayette Park | $180K | $139.9K | -22.3% |
Housing Supply in Rivertown, MI
How many homes are available in Rivertown, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 31 | +34.8% |
Summary: The Rivertown real estate market had 31 homes for sale in April 2024, a 34.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 16 | 22 | +37.5% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rivertown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 37.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Rivertown, MI
How long does it take to sell a home in Rivertown, MI?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 247 Days | 74 Days | -69.9% |
Summary: Homes in Rivertown had an average listing age of 74 days in Apr 2024, down by 69.9% compared to the previous year.
