Three Rivers, MI Home Values & Market Trends
Real estate market trends reflect that there have been 351 transactions over the past year in Three Rivers. The median value for residential home transactions that occurred over the previous year is $185,648.29. The number of current listings in Three Rivers is 32, and the percentage of properties for sale in the city is 32.00%. Three Rivers, MI currently has 16 properties in foreclosure, 6 bank owned properties, 10 properties headed for auction, and 32 properties for sale.
Three Rivers, MI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 49093 | $ 242,742 $ 133/sqft |
Housing Market Summary for Three Rivers, MI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $255K | $175.7K | -31.09% |
| Median Sold Price | $161.1K | $175.7K | 9.07% |
| Homes For Sale | 10 | 30 | 200.00% |
| Homes Sold | 230 | 228 | -0.87% |
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 Three Rivers, MI
Browse Homes in Three Rivers, MI
Three Rivers home values range from $18,967 to $3,888,697. The median estimated value of a home in Three Rivers is $185,648.29. The median list price of a home is 242,450, and the total count of properties in the city is 7,644.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Three Rivers, 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 Three Rivers, 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 Three Rivers, MI ranges from the highest value of $260,528 in 49093 to the lowest value of $96,366 in 49093. Bank owned homes and properties account for 0.08% of properties in Three Rivers, MI. There is 1 zips within Three Rivers, MI; 49093 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions49093 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Three Rivers, MI. Auction homes and other auction properties account for 0.13% of all properties in Three Rivers, MI. There is 1 zips within Three Rivers, MI; of that zips, the median estimated home value for homes going to auction ranges from $308,000 in 49093 to the lowest value of $118,240 in 49093.
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More Real Estate Resources for Three Rivers, MI
Guide for Three Rivers, MI
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.
Why Buying a Foreclosure is a Smart Move
Information on foreclosure financing, refinancing, and foreclosure mortgages.