Riga, MI Housing Market
$297,497
7.3% 1-yrThe average Riga, MI home value is $297,497, up 7.3% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Riga Key Takeaways
Typical Home Values: $297,497
1-Year Value Change: +7.3%
(Data through August 31, 2026)
Riga Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Riga
- NameMedian ZHVI
- Franklin Park$194,700
- Whitmer - Trilby$174,273
- West Gate$223,054
- DeVeaux$151,447
- Reynolds Corners$162,321
- North Towne$149,905
- Ottawa$131,653
- Five Points$114,986
- Scott Park$107,738
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Riga Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Riga, MI?
The median home value in Riga, MI is $297,497 as of August 2026. This represents a 0.5% increase compared to last month and a 7.3% increase year-over-year.
How have home values changed in Riga, MI?
Home values in Riga, MI have increased by 0.5% month-over-month and 7.3% year-over-year.
How do home values in Riga, MI compare to Monroe County, Michigan, and the national average?
The median home value in Riga, MI ($297,497) compares to: Monroe County ($273,480), Michigan ($266,292), and the U.S. national median ($368,697).