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Housing in Rives Township

29 homes sold in Rives Township in the last year, at a typical $235K

Redfin reports Rives Township’s sales by ZIP code, so these figures are for ZIP 49277, which takes in Rives Township and the area around it. 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 Rives Township homes are listed.

Homes for sale in Rives TownshipZillowRealtor.comMore places to look ↓
Homes sold
29
ZIP 49277 · June 2025 to May 2026
Typical sale price
$235K
median, weighted by sales
Price per square foot
$134
Michigan $172
Paid vs. asking
98.5%
37% sold over asking
For sale now
6
May 2026 · 1 sold that month
What sold · last 12 months · ZIP 49277

Houses are 100% of Rives Township’s sales, at a typical $235K

29 homes sold in the year to May 2026.

Houses$235K

typical sale · 29 sold in 12 months

Per square foot
$134MI $172
Days to sell
52
Sold over asking
37%
14 years of sales

Fewer homes sell than a decade ago, at 1.5 times the 2016 price

29 sales in the last year, against 69 in 2014 and a low of 16 in 2012. The typical sale went from $155K in 2016 to $235K.

Homes soldTypical sale price
0255075100$75K$150K$225K$300K2012: 16 sold, typical $89K’122013: 65 sold, typical $86K2014: 69 sold, typical $119K’142015: 55 sold, typical $116K2016: 53 sold, typical $155K’162017: 41 sold, typical $129K2018: 55 sold, typical $155K’182019: 39 sold, typical $190K2020: 27 sold, typical $209K’202021: 42 sold, typical $231K2022: 48 sold, typical $211K’222023: 37 sold, typical $272K2024: 35 sold, typical $254K’242025: 39 sold, typical $243KLast 12 months: 29 sold, typical $235KNow

Source: Redfin Data Center, MLS sales; for ZIP 49277, which takes in Rives Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Rives Township

Houseat $134 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

Check a listing against what Rives Township 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 · 14 years of sales

Bidding wars in Rives Township are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of home sales in ZIP 49277 since 2012 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, 29 sales.

If you’re buying in Rives Township

  • Shop in November. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
  • Bid near asking. Buyers paid 98.5% of the list price on average; 37% paid over.
  • Move fast on good ones. 46% of homes are under contract within two weeks.
Best time to buy

Fall brings the homes; summer brings the bidding wars

September has the most new listings (about 4 a month), but August is the most competitive: 33% of August sales close over asking. November offers nearly as much choice with fewer homes bid up (25%). November has the least competition (25%).

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 2 new listings a month, 26% sold over asking, 95 days to sellJFeb: 3 new listings a month, 30% sold over asking, 84 days to sellFMar: 3 new listings a month, 27% sold over asking, 103 days to sellMApr: 4 new listings a month, 27% sold over asking, 85 days to sellAMay: 3 new listings a month, 27% sold over asking, 87 days to sellMJun: 4 new listings a month, 32% sold over asking, 89 days to sellJJul: 4 new listings a month, 28% sold over asking, 68 days to sellJAug: 4 new listings a month, 33% sold over asking, 69 days to sellASep: 4 new listings a month, 31% sold over asking, 71 days to sellSOct: 4 new listings a month, 31% sold over asking, 69 days to sellONov: 4 new listings a month, 25% sold over asking, 70 days to sellNDec: 3 new listings a month, 27% sold over asking, 71 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Michigan

Rives Township now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price37%20%54%31%
Gone within two weeksShare of homes under contract within 14 days46%15%36%43%
Listings with a price cutShare of homes for sale that cut their price———28%
Price paid vs. askingAverage sale price ÷ list price98.5%97.1%101.1%98.4%
Days to sellMedian days from listing to contract521065433
Supply

4 homes for sale on a typical day

That’s 65% fewer than in 2017–19 and well under 2013’s 34.

2012: 21 for sale’122013: 34 for sale2014: 28 for sale2015: 20 for sale’152016: 20 for sale2017: 16 for sale2018: 13 for sale’182019: 8 for sale2020: 5 for sale2021: 7 for sale’212022: 7 for sale2023: 6 for sale2024: 8 for sale’242025: 6 for saleLast 12 months: 4 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 49277, which takes in Rives Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 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 Rives Township home costs about $1,456 a month

Mortgage
Property tax
Insurance
Rent

Price: Rives Township’s typical sale, last 12 months. Property tax at Rives Township’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Rives Township is affordable on local pay is on Cost of living.

Before you buy in Rives Township

Six things worth knowing

4

New listings in September

The month with the most choice. January has the fewest, about 2.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $235K home, about $2,760 a year.

Taxes vs. neighbors
C+

Schools

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

Schools in Rives Township
24 min

Typical commute

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

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

Leslie and Jackson sell for less a square foot; Grass Lake Township for far more

The busier markets within 25 miles of Rives Township, 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
Jackson482$133K$10224%55
Vandercook Lake67$177K$14537%59
Michigan Center64$203K$15736%72
Leslie30$187K$12830%61
Rives Township (ZIP 49277)29$235K$13437%52
Stockbridge26$221K$16323%58
Grass Lake Township26$257K$17631%50

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 Rives Township, free

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

Questions about buying a home in Rives Township

What do homes sell for in Rives Township, MI?

29 homes sold in the year to May 2026 at a typical $235K, $134 a square foot.

Is Rives Township a buyer’s or seller’s market?

A seller’s market: 6 homes were for sale in May 2026 and 1 sold, about 3.5 months of supply. Buyers paid 98.5% of asking on average.

When is the best time to buy in Rives Township?

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

How much are property taxes in Rives Township?

About 1.2% of a home’s value a year. On a $235K home that’s near $2,760.

Where can I see homes for sale in Rives Township?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 49277, which takes in Rives Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).