Riverview Real Estate
9 active listings · 133 sold in the past 12mo
$360,000
Median List Price
133
Sold (past 12mo)
51
Avg Days on Market
+6.7%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(9)
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For Sale
1/35
$400,000
14851 Williamsburg Drive, Riverview, MI 48193
4 bd3 ba2,477 sqft0.20 ac
Single Family
For Sale
1/58
$399,999
15930 Cumberland Street, Riverview, MI 48193
5 bd3 ba2,624 sqft0.21 ac
Single Family
For Sale
1/30
$389,000
13842 Heritage Street, Riverview, MI 48193
4 bd2 ba2,605 sqft0.18 ac
Single Family
For Sale
1/44
$369,900
20257 Coachwood Road W, Riverview, MI 48193
4 bd4 ba3,562 sqft0.17 ac
Single Family
For Sale
1/37
$360,000
20698 Coachwood Road, Riverview, MI 48193
4 bd3 ba2,642 sqft0.22 ac
Single Family
For Sale
1/31
$335,000
14018 Greentrees Street, Riverview, MI 48193
4 bd2 ba2,645 sqft0.18 ac
Single Family
For Sale
1/11
$274,900
14137 Berkshire Street, Riverview, MI 48193
3 bd2 ba1,306 sqft0.15 ac
Single Family
For Sale
$192,000
18576 Jefferson, Riverview, MI 48193
3 bd1 ba1,055 sqft0.07 ac
Single Family
For Sale
1/25
$179,900
18082 Ray Street, Riverview, MI 48193
3 bd1 ba0.20 ac
Single Family
Recently Sold(133)
Frequently Asked Questions about Riverview
Are there homes available in Riverview right now?
There are currently 9 active listings in Riverview. The median asking price is $360,000.
What is the median home price in Riverview?
Homes in Riverview sell for a median of $360,000, drawn from 133 transactions over the past year.
How fast do homes sell in Riverview?
The average days on market in Riverview is 51, based on 133 recent transactions.
What school districts serve Riverview?
Multiple school districts may serve Riverview. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
Is Riverview a buyer's or seller's market?
Riverview is currently a seller's market, with 0.8 months of supply. That ratio comes from 9 active listings relative to 133 sales per year.
How are property taxes calculated in Riverview?
Property taxes in Riverview are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
Is housing demand growing in Riverview?
Census demographic data shows a +6.7% Household Formation Gap in Riverview. As average household size fell from 2.51 to 2.38, the estimated number of households grew by 325. Population grew 1.2% over the same period. HFG is a secondary market indicator reflecting household formation trends, distinct from primary indicators like comparative market analysis.