Rich Township Housing Market Report February 2025Lapeer County, Michigan

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Housing Prices in Rich Township, MI

How much do homes in Rich Township, MI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$264,750$154/SqFt
+$65,750
+33.0%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Rich Township has increased by 33% since last year.

Summary: The median home list price in Rich Township was $264,750 in February 2025, up 33% from the previous year, and the median price per square foot was $154.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Dayton Township
+53.6%
Rich Township
+33.0%
Burlington Township
+15.5%
Fostoria
+6.4%
Silverwood
+0.8%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$87K$87K
0.0%
2$164.9K$179.9K
+9.1%
3$190.4K$269.5K
+41.5%
4$277.4K$420K
+51.4%
5-$525K
N/A

Summary: Rich Township 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 +9.1%. The home price for 3 bedroom homes increased by +41.5%. The home price for 4 bedroom homes increased by +51.4%. The home price for 5 bedroom homes did not change.

How does Rich Township, MI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Rich Township, MI

Housing supply in Rich Township, MI

How many homes are available in Rich Township, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
2Last MonthFeb 2025
22 months agoJan 2025
0.0 %
Change MoMJan – Feb

Summary: The Rich Township real estate market had 2 homes for sale in Feb 2025, the same as Jan 2025

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
200
0.0%
322
0.0%
400
0.0%
500
0.0%

Summary: Rich Township 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 remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for Rich Township, MI

How long does it take to sell a home in Rich Township, MI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
107 DaysThis YearFeb 2025
241 Days1 year agoFeb 2024
-55.5 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Rich Township had an average listing age of 107 days in Feb 2025, down by 55.5% compared to the previous year.

Newest Listings in Rich Township, MI

What homes are available in Rich Township, MI?

MLS Disclaimers and Copyright

Based on information from RealComp II Ltd., for the period 03/01/2023 - 03/01/2025

IDXDisclaimer: 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: 3/13/2025, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.