Housing in Ravenna, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$146,025
Median List Price
$99,900
Price Per Sq Ft
$134
Days on Market
4
Active Inventory
3
Months of Supply
1.5
Seller's market
Zillow Home Value
$282,052
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
100.0%
Sale-to-List Ratio
96.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$134
Median List $/SF
$98
Ravenna vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Ravenna is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$191,300
Median Rent
$809
Total Housing Units
537
Vacancy Rate
2.6%
Owner Occupied
81.6%
Renter Occupied
18.4%
Median Property Tax
$2,495
per year
Monthly Cost (w/ Mortgage)
$1,057
Housing Types
The current median sale price in Ravenna, MI is $146,025 according to Redfin data. Homes spend a median of 4 days on the market. 0.0% of homes sold above asking price. The market has 1.5 months of supply. The median price per square foot is $134. The median rent is $809 per month (Census ACS). About 81.6% of housing units are owner-occupied. The median year homes were built is 1972. There are 537 total housing units.