New - 5 days on Rocket
$2,789 Closing Credit¹
#20250014007, Kyle K Fohl, Listing Office: National Realty Centers, Inc
East Riverside Housing Market Report February 2025•Wayne County, Michigan
Housing Prices in East Riverside, MI
How much do homes in East Riverside, MI cost?
Housing Market Conditions
Is East Riverside, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
East Riverside is a Buyer's Market
Difference Since February 2024
At the same time last year, East Riverside was a Seller's Market.
Insight
East Riverside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$177,500$100/SqFt
+$28,500
+19.1%
Based on all homes sold in the last 12 months
Insight
Homes in East Riverside have sold for 19.1% more than they did a year ago.
Summary: The median home sold price in East Riverside was $177,500 in February 2025, up 19.1% from last year, and the median price per square foot was $100.
Median Sold Price By Neighborhoods
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| East Riverside | $149K | $177.5K | +19.1% |
| Jefferson Chalmers | $145.4K | $152.5K | +4.8% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $145K | $168K | +15.9% |
| 33 Bedrooms | $145.9K | $115K | -21.2% |
| 44 Bedrooms | $200K | $212K | +6.0% |
| 55+ Bedrooms | $240K | $192K | -20.0% |
Summary: East Riverside housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +15.9%. The home price for 3 bedroom homes decreased by -21.2%. The home price for 4 bedroom homes increased by +6.0%. The home price for 5 bedroom homes decreased by -20.0%.
Housing supply in East Riverside, MI
How many homes are available in East Riverside, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 42Last MonthFeb 2025 | ||
| 422 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Summary: The East Riverside real estate market had 42 homes for sale in Feb 2025, the same as Jan 2025
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthFeb 2025 | ||
| 52 months agoJan 2025 | -20.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 4 | 0.0% |
| 33 Bedrooms | 24 | 25 | +4.2% |
| 44 Bedrooms | 13 | 11 | -15.4% |
| 55+ Bedrooms | 1 | 2 | +100.0% |
Summary: East Riverside housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +4.2%. The inventory for 4 bedroom homes decreased by -15.4%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in East Riverside, MI cost?
Over Asking Price2 Homes
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in East Riverside, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in East Riverside in February 2025, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and and 50% were sold over asking.
Days on Market for East Riverside, MI
How long does it take to sell a home in East Riverside, MI?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in East Riverside are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 4 homes were sold in East Riverside; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 26 DaysThis YearFeb 2025 | ||
| 27 Days1 year agoFeb 2024 | -6.6 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in East Riverside had an average listing age of 26 days in Feb 2025, down by 6.6% compared to the previous year.
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Newest Listings in East Riverside, MI
What homes are available in East Riverside, MI?
New - 6 days on Rocket
$1,781 Closing Credit¹
#81025007597, Victoria Guznack, Listing Office: House of Realty LLC
$7,600 Closing Credit¹
#20250010994, Jalen James, Listing Office: Front Page Properties
$2,078 Closing Credit¹
#20250011299, Tommie Pratt, Listing Office: Spartan Realty Group
$3,147 Closing Credit¹
#81025006133, Deuntay Fields, Listing Office: Beal Properties LLC
Backup offers
$3,859 Closing Credit¹
#20250007346, Anne J Loehr, Listing Office: Redfin Corporation
$2,363 Closing Credit¹
#20250006424, Savannah Srebernak, Listing Office: Jim Saros Real Estate Services
$3,028 Closing Credit¹
#20250005231, Danielle Henderson, Listing Office: New Way Realty Partners
$1,769 Closing Credit¹
#20250003678, Hanadi Kabbani, Listing Office: Empire Realty Group
$2,375 Closing Credit¹
#81025002363, DeAinna Husband, Listing Office: Opulence Realty
$2,849 Closing Credit¹
#20250004119, Darryl Mack, Listing Office: Century 21 Curran & Oberski
$2,363 Closing Credit¹
#20250003967, Savannah Srebernak, Listing Office: Jim Saros Real Estate Services
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., Michigan Regional Information Center LLC, and MiRealSource Inc. DL for the period 03/01/2023 - 03/01/2025
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 12:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 12:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.