$185,000
19.75 Acres
Land
Rehne Voss, Listing Office: Coldwell Banker Professionals
Housing Prices in Riley Township, MI
How much do homes in Riley Township, MI cost?
Median List Price
$377,000
$189/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
-$8,450(-2.2%)
Key Takeaway
The list price of homes in Riley Township has decreased by 2.2% since last year.
Summary: The median home list price in Riley Township was $377,000 in November 2024, down 2.2% from the previous year, and the median price per square foot was $189.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $299K | $215.6K | -27.9% |
| 3 Bedrooms | $275K | $379K | +37.8% |
| 4 Bedrooms | $489.9K | $420K | -14.3% |
| 5+ Bedrooms | - | $635K | N/A |
Summary: Riley Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.9%, 3 bedroom homes increased by 37.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Memphis | $294.9K | $304.9K | +3.4% |
| Memphis | $288.5K | $297.4K | +3.1% |
| Goodells | $278.4K | $280K | +0.6% |
| Riley Township | $385.4K | $377K | -2.2% |
| Emmett | $362.4K | $334K | -7.8% |
Housing Supply in Riley Township, MI
How many homes are available in Riley Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Summary: The Riley Township real estate market had 8 homes for sale in November 2024, a 27.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Riley Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 142 Days | 57 Days | -60.0% |
Summary: Homes in Riley Township had an average listing age of 57 days in Nov 2024, down by 60% 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.