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#20250006711, Rebecca Vincent, Listing Office: Elite Realty
Riley Township Housing Market Report January 2025•Saint Clair County, Michigan
Housing Prices in Riley Township, MI
How much do homes in Riley Township, MI cost?
Housing Market Conditions
Is Riley Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Riley Township is a Seller's Market
Difference Since December 2024
Last month, Riley Township was a Buyer's Market.
Insight
Riley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$310,000$195/SqFt
-$95,100
-23.5%
Based on all homes sold in January 2025
Insight
Homes in Riley Township have sold for 23.5% less than they did a month ago.
Summary: The median home sold price in Riley Township was $310,000 in January 2025, down 23.5% from last month, and the median price per square foot was $195.
Median Sold Price By City
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Goodells | $405K | $341.9K | -15.6% |
| Riley Township | $405.1K | $310K | -23.5% |
| Memphis | $405.1K | $278.7K | -31.2% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 55+ Bedrooms | - | - | N/A |
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | $405.1K | $310K | -23.5% |
| 44 Bedrooms | - | - | N/A |
Summary: Riley Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 5 bedroom homes did not change. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -23.5%. The home price for 4 bedroom homes did not change.
Housing supply in Riley Township, MI
How many homes are available in Riley Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthJan 2025 | ||
| 92 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: The Riley Township real estate market had 9 homes for sale in Jan 2025, the same as Dec 2024
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthJan 2025 | ||
| 12 months agoDec 2024 | +100.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 55+ Bedrooms | 1 | 1 | 0.0% |
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 5 | 5 | 0.0% |
| 44 Bedrooms | 2 | 2 | 0.0% |
Summary: Riley Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 5 bedroom homes remained the same. 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.
Asking Price vs. Sold Price
How much do homes in Riley Township, MI cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Riley Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Riley Township in January 2025, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Riley Township, MI
How long does it take to sell a home in Riley Township, MI?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in Riley Township are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 2 homes were sold in Riley Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 45 DaysLast MonthJan 2025 | ||
| 29 Days1 month agoDec 2024 | +55.2 % Change MoMDec – Jan |
Summary: Homes in Riley Township had an average listing age of 45 days in Jan 2025, up by 55.2% compared to the previous month.
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Newest Listings in Riley Township, MI
What homes are available in Riley Township, MI?
$2,375 Closing Credit¹
#50164271, Gloria Diaz, Listing Office: KW Platinum
#20240094456, Rebecca Vincent, Listing Office: Elite Realty
$3,919 Closing Credit¹
#50163452, Susan Singer, Listing Office: Sine & Monaghan Realtors LLC St Clair
#20240081324, Rehne Voss, Listing Office: Coldwell Banker Professionals
#20240062148, Denise L Bellore, Listing Office: Keller Williams Paint Creek
$8,544 Closing Credit¹
#50152181, Anthony E. Chevalier, Listing Office: EXP Realty LLC
#20240055163, Erick Monzo, Norman Campbell, Listing Office: Keller Williams Realty-Great Lakes
#50085122, Mark Farquhar, Listing Office: Coldwell Banker Professionals
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., and MiRealSource Inc. DL for the period 12/01/2024 - 02/01/2025
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: 2/5/2025, 7:20:54 AM 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: 2/5/2025, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.