Ravenna, MI Home Values & Market Trends
Real estate market trends reflect that there have been 83 transactions over the past year in Ravenna. The median value for residential home transactions that occurred over the previous year is $251,999.59. The number of current listings in Ravenna is 11, and the percentage of properties for sale in the city is 11.00%. Ravenna, MI currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 11 properties for sale.
Ravenna, MI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 49451 | $ 439,999 $ 157/sqft |
Housing Market Summary for Ravenna, MI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $175K | $248.4K | 41.93% |
| Median Sold Price | $248.8K | $248.4K | -0.16% |
| Homes For Sale | 7 | 6 | -14.29% |
| Homes Sold | 76 | 48 | -36.84% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Ravenna, MI
Browse Homes in Ravenna, MI
Ravenna home values range from $26,950 to $1,175,008. The median estimated value of a home in Ravenna is $251,999.59. The median list price of a home is 319,900, and the total count of properties in the city is 2,106.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Ravenna, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Ravenna, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Ravenna, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Ravenna, MI. There is 1 zips within Ravenna, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions49451 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Ravenna, MI. Auction homes and other auction properties account for 0.09% of all properties in Ravenna, MI. There is 1 zips within Ravenna, MI; of that zips, the median estimated home value for homes going to auction ranges from $276,994 in 49451 to the lowest value of $276,845 in 49451.
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Guide for Ravenna, MI
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