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Foreclosure Homes in Riverview, MI

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Concord-dr-Brownstown-MI-48193
Foreclosure
$140,118 EMV

Concord Dr
Brownstown, MI 48193

2 Bed | 1.5 Bath | 1,249 Sq. Ft.

King-rd-Riverview-MI-48193
Preforeclosure NEW

King Rd
Riverview, MI 48193

Bedford-st-Riverview-MI-48193
Preforeclosure
$170,779 EMV

Bedford St
Riverview, MI 48193

3 Bed | 1.5 Bath | 1,382 Sq. Ft.

Old-town-dr-Riverview-MI-48193
Bankruptcy
$192,525 EMV

Old Town Dr
Riverview, MI 48193

3 Riverview-st-Riverview-MI-48193
City Owned
$108,885 EMV

Riverview St
Riverview, MI 48193

2 Jefferson-Riverview-MI-48193
City Owned
$203,575 EMV

Jefferson
Riverview, MI 48193

Donnelly-ct-Brownstown-MI-48193
Preforeclosure
$172,644 EMV

Donnelly Ct
Brownstown, MI 48193

3 Bed | 1.5 Bath | 1,572 Sq. Ft.

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Home Value Estimator For Riverview, MI

There are currently 3,743 real estate properties in Riverview, MI, with a median automated valuation model (AVM) price of $185,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Riverview, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Riverview, MI, is $196,726.00, with the most expensive house in Riverview, MI, topping out at $700,000.00 and the cheapest home in Riverview, MI, clocking in at $50,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Riverview, MI!


Rent Prices In Riverview, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Riverview, MI, is on a rollercoaster ride. The average rent price in Riverview, MI, is $1,371.00. Indeed, when looking to rent in Riverview, MI, you can expect to pay as little as $900.00 or as much as $2,260.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Riverview, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Riverview, MI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Riverview, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Riverview, MI and much more. Save thousands at closing with home foreclosure listings in Riverview, MI — up to 75% off market value!


Top Reasons To Live In Riverview, MI In 2021

Riverview is located in Wayne, Michigan, with an estimated municipal population of 12,032 residents. All of the best foreclosed homes for sale in Riverview are located in the following zip code areas on Foreclosure.com: 48193. The estimated population per square kilometer (.62 miles) in Riverview is 1,056.


Cost Of Living In Riverview, MI

So, about how much do homes cost in Riverview? The most recent median value of resident-owned homes in Riverview is 149,007. An estimated 62.3 percent of households in Riverview own their homes, with an average family size of 2.95. The median household income in Riverview is 58,246, with22.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Riverview, the median commute time of resident workers (in minutes) is 25.5. And last, but certainly not least, are you looking for homes to rent in Riverview? If so, the average rent price paid by renters in Riverview is 795, according to recent statistics.


Diversity And Demographics In Riverview, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Riverview, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Riverview is 45.9, split between 44.4 percent male versus 55.6 female. The percentage of residents who report being married in Riverview is 44, with an average family size of 2.95.

The percentage of residents who report their race in Riverview is as follows:

White 94.2%
Black / African American 3.6%
Asian 0.2%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1%
Other 0.9%

Looking for family-friendly neighborhoods in and/or near Riverview? Or maybe you are searching for 55+ active adult communities in and/or near Riverview?

The percentage of residents who report their age in Riverview is as follows:

Under 10 9%
Aged 10-19 10.8%
20s 12.9%
30s 10.3%
40s 11.4%
50s 13.5%
60s 14.9%
70s 9.8%
80+ 7.4%

Best Schools In Riverview, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Riverview with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Riverview.


Pros And Cons Of Living In Riverview, Michigan

How do you know that living in -- or moving to -- Riverview is right where you need to be? Perhaps you grew up in Riverview or already live nearby; therefore, the decision to buy a home in Riverview is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Riverview for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Riverview:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Riverview.


Reasons To Move To Riverview, Michigan, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Riverview can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Riverview, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Riverview, MI

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