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Featured local agent — Riverview, MI
Sarah Mitchell
Compass Real Estate · Riverview, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Riverview, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$185,000median sale price
How is the Riverview, MI housing market right now?
The median home sale price in Riverview, MI is $185,000, down 25.4% year-over-year. Homes sell in an average of 9 days with 6 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Riverview a buyer's or seller's market?
Riverview, MI is currently a strong seller's market, based on 0.6 months of supply and homes selling in about 9 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
9
Fast-moving
Active listings
6
0.6 months supply
Sale-to-list
103.1%
Above asking
What does the Riverview housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $185,000 |
| Median list price | $220,000 |
| Year-over-year price change | -25.4% |
| Average days on market | 9 days |
| Active inventory | 6 listings |
| Months of supply | 0.6 months |
| Sale-to-list price ratio | 103.1% |
| Median price per sq ft | $160/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 5 |
| Listings with a price cut | 33.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Riverview by property type?
How the Riverview, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $180,000 | $163/sq ft | 9 | 9 days |
| Condo / Co-op | $240,000 | $144/sq ft | 1 | 162 days |
Source: Redfin · Updated monthly
The Riverview housing market is currently classified as a strong seller's market with a median sale price of $185,000. Prices have fallen 25.4% compared to last year, with homes spending an average of 9 days on market, indicating 0.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.5x provides context for how home values compare to local earning capacity.
Homes for sale in Riverview
There are currently 6 homes listed for sale in Riverview, Michigan. The median listing price is $220K.
Active listings
6
Homes on market
Median list price
$220K
Avg. days on market
9
Days until sale
New this week
5
Newly listed
Who lives in Riverview?
Population
12,269
Median income
$71,783/yr
Median age
41.2 years
Owner-occupied
63.5%
College grads
25.3%
Avg commute
25 min
Source: U.S. Census Bureau ACS
What are homes worth in Riverview?
Zillow home value
$250,615
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Riverview?
Riverview is a community of approximately 12K residents with a median age of 41.2 years.The median household income is $71,783, which represents a working-class community with solid middle-income opportunities. 25.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.5%, showing a blend of owner and renter-occupied properties. The average commute time is 25 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Riverview offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Riverview?
8 schools tracked · 2,759 students
The largest public schools serving Riverview, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Riverview Community High School
Grades 9-12 · 893 students
Seitz Middle School
Grades 6-8 · 562 students
Forest Elementary School
Grades PK-5 · 423 students
Memorial Elementary School
Grades PK-5 · 417 students
Huntington Elementary School
Grades PK-5 · 326 students
Riverview Virtual Academy
Grades K-12 · 127 students
Riverview Transition Center
Grades 12 · 11 students
Riverview Early Childhood Center
Grades PK-K
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Riverview, MI?
Want a head-to-head view? Compare Riverview side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Riverview?
The median home sale price in Riverview is $185,000, down 25.4% from last year.
How long do homes stay on market in Riverview?
Homes typically spend 9 days on market before going under contract.
What is the median income in Riverview?
The median household income is $71,783 per year.
Is Riverview a buyer's or seller's market?
With 0.6 months of supply, Riverview is currently a strong seller's market.
What is the Zillow home value estimate for Riverview?
The Zillow Home Value Index (ZHVI) for Riverview is $250,615, representing the typical home value in the area.
What is the median condo price in Riverview?
The median condo/co-op sale price in Riverview, MI is $240,000, compared to $180,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Riverview?
The median single-family home price in Riverview, MI is $180,000 (about $163 per square foot).
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