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Housing in Riverview

131 homes sold in Riverview in the last year, at a typical $235K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Riverview homes are listed.

Homes sold
131
June 2025 to May 2026
Typical sale price
$235K
median, weighted by sales
Price per square foot
$160
Michigan $172
Paid vs. asking
100.8%
52% sold over asking
For sale now
6
May 2026 · 10 sold that month
What sold · last 12 months

Houses are 93% of Riverview’s sales, at a typical $236K

131 homes sold in the year to May 2026.

Houses$236K

typical sale · 122 sold in 12 months

Per square foot
$161MI $172
Days to sell
22
Sold over asking
52%
Listings with a price cut
40%
Fewer sales

Condos: 9 sold, typical $239K

Too few sales in 12 months for reliable figures.

13 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

131 sales in the last year, against 154 in 2019 and a low of 109 in 2024. The typical sale went from $129K in 2016 to $235K.

Homes soldTypical sale price
050100150200$150K$200K$250K$300K2013: 126 sold, typical $120K’132014: 142 sold, typical $123K2015: 145 sold, typical $120K’152016: 153 sold, typical $129K2017: 133 sold, typical $142K’172018: 151 sold, typical $151K2019: 154 sold, typical $162K’192020: 148 sold, typical $164K2021: 135 sold, typical $193K’212022: 123 sold, typical $206K2023: 125 sold, typical $197K’232024: 109 sold, typical $217K2025: 135 sold, typical $242K’25Last 12 months: 131 sold, typical $235KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Riverview

Houseat $161 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

Check a listing against what Riverview homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 13 years of sales

Bidding wars in Riverview are more common than before the pandemic, but a third fewer homes come up for sale

We read every month of Riverview’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 131 sales.

If you’re buying in Riverview

  • Shop in October. It brings about 14 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
  • Less room to haggle. Only 39% of listings cut their price, against 47% before the pandemic.
  • Bid near asking. Buyers paid 100.8% of the list price on average; 52% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 17 a month), but July is the most competitive: 43% of July sales close over asking. September and October offer nearly as much choice with fewer homes bid up (37%). January has the least competition (18%) but only about 8 new listings.

New listings a monthShare sold over asking
0510152020%40%60%Sweet spotJan: 8 new listings a month, 18% sold over asking, 62 days to sellJFeb: 8 new listings a month, 34% sold over asking, 57 days to sellFMar: 9 new listings a month, 31% sold over asking, 35 days to sellMApr: 10 new listings a month, 35% sold over asking, 43 days to sellAMay: 17 new listings a month, 40% sold over asking, 21 days to sellMJun: 17 new listings a month, 38% sold over asking, 16 days to sellJJul: 16 new listings a month, 43% sold over asking, 15 days to sellJAug: 16 new listings a month, 41% sold over asking, 23 days to sellASep: 16 new listings a month, 37% sold over asking, 26 days to sellSOct: 14 new listings a month, 34% sold over asking, 26 days to sellONov: 10 new listings a month, 29% sold over asking, 25 days to sellNDec: 6 new listings a month, 33% sold over asking, 33 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Michigan

Riverview now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price52%22%59%31%
Gone within two weeksShare of homes under contract within 14 days51%43%67%43%
Listings with a price cutShare of homes for sale that cut their price39%47%28%28%
Price paid vs. askingAverage sale price ÷ list price100.8%97.6%101.1%98.4%
Days to sellMedian days from listing to contract24311233
Supply

14 homes for sale on a typical day

That’s 1.7 times the 2021 low (8), 32% fewer than in 2017–19 and well under 2014’s 49.

2013: 42 for sale’132014: 49 for sale2015: 38 for sale2016: 25 for sale’162017: 17 for sale2018: 22 for sale2019: 20 for sale’192020: 12 for sale2021: 8 for sale2022: 10 for sale’222023: 10 for sale2024: 13 for sale2025: 14 for sale’25Last 12 months: 14 for saleNow
Room to negotiate

1 in 3 listings has cut its price

39% in the last year, against 47% in 2017–19 and 28% across Michigan.

2015: 20%’152016: 30%2017: 53%2018: 45%’182019: 43%2020: 39%2021: 28%’212022: 41%2023: 31%2024: 23%’242025: 35%Last 12 months: 39%Now
Prices by type

Since 2019, houses are up 41%, condos 63%

A house typically sold for $236K in the last year (122 sales), a condo for $239K (9).

$150K$200K$250K$300K2013201520172019202120232025NowHouses 2013: $122K, 111 salesHouses 2014: $118K, 123 salesHouses 2015: $120K, 129 salesHouses 2016: $131K, 137 salesHouses 2017: $145K, 116 salesHouses 2018: $152K, 139 salesHouses 2019: $168K, 140 salesHouses 2020: $173K, 129 salesHouses 2021: $198K, 121 salesHouses 2022: $215K, 109 salesHouses 2023: $199K, 105 salesHouses 2024: $214K, 100 salesHouses 2025: $244K, 125 salesHouses last 12 months: $236K, 122 salesHouses $236KCondos 2013: $111K, 15 salesCondos 2014: $125K, 19 salesCondos 2015: $125K, 15 salesCondos 2016: $133K, 16 salesCondos 2017: $141K, 17 salesCondos 2018: $138K, 12 salesCondos 2019: $147K, 14 salesCondos 2020: $158K, 19 salesCondos 2021: $179K, 13 salesCondos 2022: $194K, 14 salesCondos 2023: $206K, 19 salesCondos 2024: $224K, 9 salesCondos 2025: $241K, 10 salesCondos last 12 months: $239K, 9 salesCondos $239K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Michigan

Riverview ranks 4th of 194 busy Michigan markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Riverview is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Riverview home costs about $1,597 a month

Mortgage
Property tax
Insurance
Rent

Price: Riverview’s typical sale, last 12 months. Property tax at Riverview’s 1.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Riverview is affordable on local pay is on Cost of living.

Before you buy in Riverview

Six things worth knowing

17

New listings in May

The month with the most choice. December has the fewest, about 6.

Best time to buy
1.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $235K home, about $4,450 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Riverview, from test results, graduation and how much students grow.

Schools in Riverview
24 min

Typical commute

The average one-way trip to work for people who live in Riverview.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Trenton and Lincoln Park sell for less a square foot

The busier markets within 25 miles of Riverview, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lincoln Park475$162K$14046%24
Southgate351$205K$16139%21
Wyandotte317$209K$15541%24
Trenton253$250K$15045%17
Riverview131$235K$16052%24
Woodhaven114$271K$16937%22
Gibraltar38$218K$17532%45

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Riverview, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Riverview. People who follow the town see it, and so do people comparing Riverview with their own town. No commission, no listing fee.

Questions about buying a home in Riverview

What do homes sell for in Riverview, MI?

131 homes sold in the year to May 2026 at a typical $235K, $160 a square foot.

Is Riverview a buyer’s or seller’s market?

A seller’s market: 6 homes were for sale in May 2026 and 10 sold, about 0.6 months of supply. Buyers paid 100.8% of asking on average, and 39% of listings cut their price.

When is the best time to buy in Riverview?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Riverview?

About 1.9% of a home’s value a year. On a $235K home that’s near $4,450.

Where can I see homes for sale in Riverview?

Zillow, Redfin, Realtor.com and Homes.com all carry Riverview’s MLS listings; the search links above open each one filtered to Riverview.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).