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Foreclosures in Riley, MI

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Riley, MI Foreclosures

Current Market Conditions in in Riley, MI As of February 2026?
In the past month, Riley has seen a slight increase in home listings, which has provided more options for potential buyers. The average home price has seen a minor increase due to rising demand, as more families are looking to settle in the area. This trend highlights the community's attractiveness as a safe and friendly environment, making it a hotspot for investment in real estate.
How much do homes sell for in Riley, MI?
The average home price is currently $336,942.
In Riley, MI, how many homes are available?
There are currently 5 active home listings available in Riley.
What’s the average rental cost in Riley, MI?
The average rental price in Riley is $1,206.
What is the most expensive home in Riley?
The most expensive home sold in Riley had a price of $1,458,070.
What is currently the cheapest priced home in Riley, MI?
The cheapest home for sale in Riley is priced at $11,523.

Living in Riley, MI

Riley, MI is a peaceful small-town community offering a rural lifestyle with easy access to urban amenities. Known for its friendly atmosphere, it features several parks and local shops, making it ideal for families and nature lovers. With nearby educational institutions and recreational activities, Riley is a place where community and nature thrive.

Buyer vs Seller Market in Riley, MI

The real estate market in Riley, MI has remained stable, with a moderate increase in home prices over the past year. The average time for homes on the market is approximately 30-45 days, indicating a healthy demand for properties in the area. Homes typically appeal to families and retirees looking for a quiet lifestyle.

This year, there has been a slight uptick in new construction, particularly for single-family homes. Many buyers are attracted to the affordability compared to larger urban areas, and Riley's close-knit community atmosphere makes it a desirable location.

Home Value Estimator For Riley, MI

There are currently 1,274 real estate properties in Riley, MI, with a median automated valuation model (AVM) price of $330,612.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Riley, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Riley, MI, is $336,942.00, with the most expensive house in Riley, MI, topping out at $1,458,070.00 and the cheapest home in Riley, MI, clocking in at $11,523.00. In other words, there’s something for every potential homebuyer or savvy investor in Riley, MI!

Rent Prices In Riley, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Riley, MI, is on a rollercoaster ride. The average rent price in Riley, MI, is $1,206.00. Indeed, when looking to rent in Riley, MI, you can expect to pay as little as $780.00 or as much as $2,040.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Riley, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Riley, MI Foreclosures


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