What is the median home value in Ravenna Township, MI?
The median value of owner-occupied homes in Ravenna Township, MI is $224,100 (±$16,884), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Ravenna Township, the median home value went from $150,100 in 2015–2019 to $224,100 in 2020–2024 (+49.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $224,100 (±$16,884)
- Owner-occupied homes
- 954 (±93)
- Most common range
- $200,000 to $299,999
Home values in Ravenna Township
| Value | Ravenna Township | Muskegon County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 3.6% (±2.0 points) | 9.6% | 7.6% | 5.3% |
| $50,000 to $99,999 | 1.2% (±1.0 points) | 9.5% | 9.2% | 6.1% |
| $100,000 to $149,999 | 11.7% (±4.5 points) | 12.3% | 10.6% | 6.8% |
| $150,000 to $199,999 | 24.6% (±6.4 points) | 19.2% | 14.1% | 9.0% |
| $200,000 to $299,999 | 30.4% (±6.2 points) | 25.8% | 23.4% | 17.8% |
| $300,000 to $499,999 | 17.2% (±5.1 points) | 18.0% | 24.1% | 26.9% |
| $500,000 to $999,999 | 11.3% (±4.1 points) | 4.5% | 9.2% | 20.9% |
| $1,000,000 or more | 0.0% (±3.1 points) | 1.2% | 1.6% | 7.1% |
The most common range is $200,000 to $299,999, 30.4% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Ravenna Township against Muskegon County, its state and the nation
| Ravenna Township | Muskegon County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $224,100 (±$16,884) | $198,300 (±$4,508) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 954 (±93) | 52,871 (±933) | 2,984,190 (±12,886) | 84,210,142 |
In Ravenna Township, the median home value is higher than in Muskegon County ($198,300).
It is not measurably different from Michigan ($231,600).
It is lower than the national figure ($332,700).
In Muskegon County, Ravenna Township ranks 10 of 23 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 566 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Ravenna Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $150,100 (±$11,461) | $224,100 (±$16,884) | +49.3% | Up after inflation |
| Median owner cost with a mortgage | $1,230 (±$127) | $1,412 (±$108) | +14.8% | No measurable change after inflation |
| Median real estate taxes | $2,305 (±$175) | $2,636 (±$129) | +14.4% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Ravenna Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Ravenna Township | — | $224,100 (±$16,884) | — |
| Moorland Township | 5.4 mi | $206,900 (±$28,414) | Not measurably different |
| Sullivan Township | 5.8 mi | $215,700 (±$16,155) | Not measurably different |
| Chester Township (Ottawa County) | 6.1 mi | $276,100 (±$33,083) | Higher |
| Polkton Charter Township | 6.9 mi | $366,000 (±$29,690) | Higher |
| Coopersville | 7.3 mi | $244,100 (±$17,192) | Not measurably different |
| Casnovia Township | 8.1 mi | $229,800 (±$22,818) | Not measurably different |
| Egelston Township | 8.4 mi | $160,400 (±$13,432) | Lower |
| Wright Township (Ottawa County) | 8.6 mi | $321,000 (±$34,886) | Higher |
Nearby places with a measurably lower figure: Egelston Township, MI ($160,400).
Nearby places with a measurably higher figure: Chester Township (Ottawa County), MI ($276,100), Polkton Charter Township, MI ($366,000), Wright Township (Ottawa County), MI ($321,000).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Muskegon County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 4 | North Muskegon | $264,200 (±$21,509) |
| 5 | Blue Lake Township (Muskegon County) | $247,600 (±$37,274) |
| 6 | Norton Shores | $234,800 (±$8,861) |
| 7 | Casnovia Township | $229,800 (±$22,818) |
| 8 | Fruitport Charter Township | $226,800 (±$11,395) |
| 9 | Cedar Creek Township (Muskegon County) | $224,600 (±$23,409) |
| 10 | Ravenna Township | $224,100 (±$16,884) |
| 11 | Montague Township | $218,300 (±$14,951) |
| 12 | Sullivan Township | $215,700 (±$16,155) |
| 13 | Whitehall Township | $213,800 (±$22,231) |
| 14 | Whitehall | $212,600 (±$15,950) |
| 15 | Dalton Township | $210,800 (±$14,689) |
| 16 | Moorland Township | $206,900 (±$28,414) |
Showing 13 of 23 places in Muskegon County, ranked from highest to lowest.
The figures for Ravenna Township include the places inside it that have pages of their own: Ravenna.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Ravenna Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Ravenna Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Ravenna Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Ravenna Township, and send estimates and invoices from your phone.
Questions about Ravenna Township
What is the average home value in Ravenna Township, MI?
The Census Bureau publishes the median: $224,100 (±$16,884) for owner-occupied homes in Ravenna Township (2020–2024 American Community Survey).
Have home values in Ravenna Township gone up?
In Ravenna Township, the median home value went from $150,100 in 2015–2019 to $224,100 in 2020–2024 (+49.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Ravenna Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ravenna township, Muskegon County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Ravenna township, Muskegon County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Ravenna township, Muskegon County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Ravenna township, Muskegon County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Ravenna township, Muskegon County, Michigan (county subdivision:67300, in state:26 county:121).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Ravenna Township at a glance
- Renters and owners in Ravenna Township
- Income and affordability in Ravenna Township
- Homeowner costs in Ravenna Township
- Property taxes in Ravenna Township
- Types of homes in Ravenna Township
- Bedrooms in Ravenna Township
- Age of homes in Ravenna Township
- Heating fuel in Ravenna Township
- Commute and cars in Ravenna Township
- Population growth in Ravenna Township
- How long people stay in Ravenna Township
- Crowding and facilities in Ravenna Township
- Michigan landlord and tenant rules
- Housing across Muskegon County
- Michigan places ranked by median home value
- Housing data for every place in Michigan