Zip 48877 (Riverdale, MI) Housing

Riverdale, MI has a housing median value of $135,500, which is significantly lower than the US house median value of $338,100. Despite this difference in price, the one year house appreciation rate for Riverdale is 8.98%, just slightly higher than the US average of 8.27%. This indicates that Riverdale is a great place for potential homebuyers to invest in, as it is able to keep up with the United States' overall economic growth while providing an affordable housing option.

The median home cost in Riverdale (zip 48877) is $135,500. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Riverdale (zip 48877) is up 12.2%.

Average Age of Homes

- The median age of Riverdale (zip 48877) real estate is 40 years old

The Rental Market in Riverdale (zip 48877)

- Renters make up 16.7% of the Riverdale (zip 48877) population
- 0.7% of houses and apartments in Riverdale (zip 48877), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Riverdale, Michigan	United States
	949.0	139,647,020.0
	44	42
	$135,500	$338,100
	12.2%	16.6%
	50.1%	57.0%
	96.0%	101.1%
	$12.36	$10.98
	$1,196	$2,690
	80.3%	57.4%
	9.4%	11.2%
	10.3%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	5.3%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	13.3%	2.4%
	7.9%	2.8%
	14.0%	3.9%
	12.3%	4.5%
	18.8%	11.3%
	13.8%	13.0%
	10.2%	20.1%
	3.5%	13.6%
	0.0%	8.3%
	1.3%	9.7%
	0.0%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.3%	13.6%
	16.3%	13.6%
	10.3%	13.6%
	16.1%	13.2%
	17.4%	14.8%
	10.3%	13.6%
	10.4%	10.0%
	5.3%	4.7%
	13.8%	12.2%

Reviews for Riverdale

See all (0)

Write a Review

Start Your Review of Riverdale

Commute