Housing Prices in Riley Township, MI
How much do homes in Riley Township, MI cost?
Median List Price
$280,000
$169/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Riley Township has decreased by 17.6% since last year.
Summary: The median home list price in Riley Township was $280,000 in April 2024, down 17.6% from the previous year, and the median price per square foot was $169.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $169.9K | N/A |
| 2 Bedrooms | - | $226K | N/A |
| 3 Bedrooms | $344.9K | $289.9K | -15.9% |
| 4 Bedrooms | $324.9K | $259.9K | -20.0% |
| 5+ Bedrooms | - | $500K | N/A |
Summary: Riley Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.9%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Bingham Township | $324.9K | $385K | +18.5% |
| Olive Township | $269.9K | $265K | -1.8% |
| Riley Township | $340K | $280K | -17.6% |
Housing Supply in Riley Township, MI
How many homes are available in Riley Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 14 | +100.0% |
Summary: The Riley Township real estate market had 14 homes for sale in April 2024, a 100.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 5 | 10 | +100.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Riley Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Riley Township, MI
How long does it take to sell a home in Riley Township, MI?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 129 Days | 44 Days | -65.9% |
Summary: Homes in Riley Township had an average listing age of 44 days in Apr 2024, down by 65.9% compared to the previous year.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource. 
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.