$462,500
- 2 bd
- 1 ba
- 800 sqft
1466 Wahbee Ave
Indian River, MI Housing Market
$319,765
5.1% 1-yrThe average Indian River, MI home value is $319,765, up 5.1% 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.
Indian River Key Takeaways
Typical Home Values: $319,765
1-Year Value Change: +5.1%
(Data through August 31, 2026)
Indian River Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 44 ()
New Listings: 15 ()
Median Sale to List Ratio: --
Median Sale Price: --
Median List Price: $464,117 ()
Percent of Sales Over List Price: --
Percent of Sales Under List Price: --
Median Days to Pending: --
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Indian River
- NameMedian ZHVI
- Tower--
- Greilickville$512,410
- Oak Park$462,770
- Traverse Heights$332,049
- Boardman$649,155
- Downtown$455,960
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Indian River Rental Market Trends
Average Rent: --
National Average Rent: $1,948 ()
Month-Over-Month Change: --
Year-Over-Year Change: --
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Indian River For Rent Listings
View Indian River for rent listings
Frequently Asked Questions
What are current home values in Indian River, MI?
The median home value in Indian River, MI is $319,765 as of August 2026. This represents a 0.6% increase compared to last month and a 5.1% increase year-over-year.
How have home values changed in Indian River, MI?
Home values in Indian River, MI have increased by 0.6% month-over-month and 5.1% year-over-year.
How do home values in Indian River, MI compare to Cheboygan County, Michigan, and the national average?
The median home value in Indian River, MI ($319,765) compares to: Cheboygan County ($245,371), Michigan ($266,292), and the U.S. national median ($368,697).
