Housing in Three Rivers, MI

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$174,250

Median List Price

$172,000

Price Per Sq Ft

$126

Days on Market

27

Active Inventory

25

Months of Supply

2.5

Seller's market

Zillow Home Value

$213,567

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 14.6%List Price 20.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

30.0%

Off Market in 2 Weeks

28.6%

Sale-to-List Ratio

98.5%

Buyer's market

Sold Above Asking
30.0%
Under Contract in 2 Wks
28.6%
Listings with Price Drops
28.0%

Market Activity

Source: Redfin

Homes Sold

10

New Listings

6

Pending Sales

7

Homes Sold 100.0%New Listings 50.0%Pending 22.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$126

Median List $/SF

$144

Sale $/SF 24.8%List $/SF 2.9%Mar 24Jan 26

Three Rivers vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Three Rivers 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

$120,200

Median Rent

$815

Total Housing Units

3,558

Vacancy Rate

7.8%

Owner Occupied

54.3%

Renter Occupied

45.8%

Median Property Tax

$1,758

per year

Monthly Cost (w/ Mortgage)

$820

Housing Types

Single Family
64.7%
Multi-Family
32.4%
Mobile Home
2.9%

The current median sale price in Three Rivers, MI is $174,250 according to Redfin data. Homes spend a median of 27 days on the market. 30.0% of homes sold above asking price. The market has 2.5 months of supply. The median price per square foot is $126. The median rent is $815 per month (Census ACS). About 54.3% of housing units are owner-occupied. The median year homes were built is 1957. There are 3,558 total housing units.