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
Key Takeaway
The list price of homes in Rives Township has decreased by 2.8% since last year.
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.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.