Housing in Riverview, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$244,900

Median List Price

$274,900

Price Per Sq Ft

$139

Days on Market

55

Active Inventory

9

Months of Supply

1.0

Seller's market

Zillow Home Value

$234,100

ZHVI — January 2026

Zillow Rent Index

$1,210

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 49.3%List Price 25.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

22.2%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

98.1%

Buyer's market

Sold Above Asking
22.2%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
44.4%

Market Activity

Source: Redfin

Homes Sold

9

New Listings

7

Pending Sales

12

Homes Sold 28.6%New Listings 36.4%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$139

Median List $/SF

$161

Sale $/SF 11.2%List $/SF 1.3%Mar 24Jan 26

Riverview vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Riverview 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

$200,500

Median Rent

$1,050

Total Housing Units

5,333

Vacancy Rate

7.6%

Owner Occupied

63.5%

Renter Occupied

36.5%

Median Property Tax

$3,994

per year

Monthly Cost (w/ Mortgage)

$1,240

Housing Types

Single Family
69.5%
Multi-Family
30.1%
Mobile Home
0.3%

The current median sale price in Riverview, MI is $244,900 according to Redfin data. Homes spend a median of 55 days on the market. 22.2% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $139. Zillow's observed rent index is $1,210/month. About 63.5% of housing units are owner-occupied. The median year homes were built is 1969. There are 5,333 total housing units.