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Foreclosure Homes in Riverview, MI 48192

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Riverview, MI Foreclosures

How much do homes sell for in Riverview, MI?
The average home price is currently $253,402.
In Riverview, MI, how many homes are available?
There are currently 77 active home listings available in Riverview.
What’s the average rental cost in Riverview, MI?
The average rental price in Riverview is $1,375.
What is the most expensive home in Riverview?
The most expensive home sold in Riverview had a price of $9,665,521.
What is currently the cheapest priced home in Riverview, MI?
The cheapest home for sale in Riverview is priced at $10,066.

Living in Riverview, MI

Riverview, situated in Wayne County, offers a small-town feel with the benefits of suburban living. This community is known for its family-friendly atmosphere, scenic parks, and a strong sense of community pride. Riverview provides easy access to amenities, including various shopping and dining options, making it an attractive option for both families and professionals.

Current Market Conditions in Riverview, MI

The Riverview real estate market has shown resilience and stability over the past year. Demand for homes has been steady, driven by families seeking affordable housing in a community-oriented environment. As interest rates fluctuate, many buyers are still drawn to this area due to its charm and accessibility to city amenities.

Current trends in Riverview indicate a growing interest in single-family homes, particularly those with outdoor spaces for recreational use. The availability of parks and local amenities continues to attract new residents, contributing to a competitive housing market.

Home Value Estimator For Riverview, MI

There are currently 3,767 real estate properties in Riverview, MI, with a median automated valuation model (AVM) price of $234,499.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Riverview, 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 Riverview, MI, is $253,402.00, with the most expensive house in Riverview, MI, topping out at $9,665,521.00 and the cheapest home in Riverview, MI, clocking in at $10,066.00. In other words, there’s something for every potential homebuyer or savvy investor in Riverview, MI!

Rent Prices In Riverview, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Riverview, MI, is on a rollercoaster ride. The average rent price in Riverview, MI, is $1,375.00. Indeed, when looking to rent in Riverview, MI, you can expect to pay as little as $690.00 or as much as $2,350.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Riverview, 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.

Riverview, MI 48192 Foreclosures


Market Trend for Riverview, MI

Total Listings Available: 77

Market Values:

Home Prices from $10,066 to $9,665,521

Average Sales Price: $253,402

Rental Values:

Rental from $690 to $2,350

Average Rent Value: $1,375 / month

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