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Riverview, MI
Full City Profile · Michigan · Wayne County County
3.3
/5.0
B
Good
12,269
Population
2,685/sq mi density
$71,783
Median Income
$38,541 per capita
$200,500
Home Value
$237,054 Zillow
$1,050
Median Rent
28.0% income on rent
51°F
Avg Temperature
260 sunny days/yr
166
Violent Crime/100K
848 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$71,783 median income, 1.6% unemployment
A+
Affordability
5.0 / 5.0
$200,500 home value, $1,050/mo rent
F
Safety
1.0 / 5.0
166 violent crimes/100K
B
Education
3.0 / 5.0
25.3% bachelor's degree or higher
Housing Overview
Median Home Value
$200,500
29% below
US avg: $281,900
Median Rent
$1,050/mo
10% below
US avg: $1,163/mo
Homeownership Rate
63.5%
3% below US avg (65.4%)
Total Housing Units
5,468
Median year built: 1967
Home Value by Source
Census Median
$200,500
Zillow (ZHVI)
$237,054
Median Sale Price
$192,450
Median List Price
$189,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.5%
Owner-Occupied
36.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,050/mo
· Zillow rent:
$1,177/mo
Market Indicators (Redfin)
Median Days on Market
19 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
42.9%
of listings with price reduction
Price Per Sq Ft
$166
Active Inventory
7
homes for sale
Affordability & Housing Stock
Rent Burden
28.0%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
63.5%
Complete Housing Data
Home Values
| Census Median Value | $200,500 |
| Zillow Home Value (ZHVI) | $237,054 |
| Median Sale Price | $192,450 |
| Median List Price | $189,900 |
| Price Per Sq Ft | $166 |
Rent
| Census Median Rent | $1,050 |
| Zillow Rent (ZORI) | $1,177 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 19 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 42.9% |
| Homes Sold | 6 |
| Active Inventory | 7 |
| Price Per Sq Ft | $166 |
Ownership & Stock
| Owner-Occupied | 63.5% |
| Renter-Occupied | 36.5% |
| Homeownership Rate | 63.5% |
| Total Housing Units | 5,468 |
| Median Year Built | 1967 |
| Rent Burden | 28.0% |