What is the median home value in Ridgeway Township, MI?

The median value of owner-occupied homes in Ridgeway Township, MI is $176,500 (±$18,610), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Ridgeway Township, the median home value went from $131,400 in 2015–2019 to $176,500 in 2020–2024 (+34.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$176,500 (±$18,610)
Owner-occupied homes
549 (±68)
Most common range
$150,000 to $199,999

Home values in Ridgeway Township

Owner-occupied homes by value, 2020–2024
ValueRidgeway TownshipLenawee CountyMichiganUnited States
Less than $50,0002.7% (±1.7 points)6.8%7.6%5.3%
$50,000 to $99,9998.6% (±4.5 points)9.4%9.2%6.1%
$100,000 to $149,99915.8% (±5.6 points)15.0%10.6%6.8%
$150,000 to $199,99930.2% (±7.2 points)19.8%14.1%9.0%
$200,000 to $299,99930.2% (±7.3 points)26.5%23.4%17.8%
$300,000 to $499,9997.5% (±2.9 points)17.4%24.1%26.9%
$500,000 to $999,9993.3% (±3.3 points)4.3%9.2%20.9%
$1,000,000 or more1.6% (±1.4 points)0.8%1.6%7.1%

The most common range is $150,000 to $199,999, 30.2% 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.

Ridgeway Township against Lenawee County, its state and the nation

Estimate (90% margin of error)
Ridgeway TownshipLenawee CountyMichiganUnited States
Median home value$176,500 (±$18,610)$196,800 (±$4,906)$231,600 (±$642)$332,700
Owner-occupied homes549 (±68)30,924 (±640)2,984,190 (±12,886)84,210,142

In Ridgeway Township, the median home value is lower than in Lenawee County ($196,800).

It is also lower than in Michigan ($231,600).

It is lower than the national figure ($332,700).

In Lenawee County, Ridgeway Township ranks 18 of 26 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 921 of 1,518.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Ridgeway Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$131,400 (±$15,225)$176,500 (±$18,610)+34.3%No measurable change after inflation
Median owner cost with a mortgage$1,223 (±$61)$1,443 (±$125)+18.0%No measurable change after inflation
Median real estate taxes$2,250 (±$201)$2,684 (±$313)+19.3%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 Ridgeway Township

Nearest places with a published estimate, compared with Ridgeway Township
PlaceDistanceMedian home valueCompared with this place
Ridgeway Township—$176,500 (±$18,610)—
Macon Township4.7 mi$268,200 (±$38,059)Higher
Tecumseh Township5.8 mi$308,600 (±$25,217)Higher
Raisin Township5.9 mi$241,400 (±$16,310)Higher
Deerfield Township (Lenawee County)6.0 mi$183,700 (±$15,045)Not measurably different
Tecumseh6.1 mi$216,700 (±$13,871)Higher
Deerfield6.4 mi$167,600 (±$14,295)Not measurably different
Milan Township7.2 mi$248,600 (±$41,683)Higher
Petersburg8.0 mi$215,500 (±$18,540)Higher

Nearby places with a measurably higher figure: Macon Township, MI ($268,200), Tecumseh Township, MI ($308,600), Raisin Township, MI ($241,400).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Lenawee County, place by place

RankPlaceMedian home value
12Clinton Township (Lenawee County)$199,100 (±$13,386)
13Ogden Township$198,700 (±$25,006)
14Hudson Township (Lenawee County)$192,000 (±$53,836)
15Dover Township (Lenawee County)$190,000 (±$14,511)
16Deerfield Township (Lenawee County)$183,700 (±$15,045)
17Palmyra Township$179,500 (±$25,876)
18Ridgeway Township$176,500 (±$18,610)
19Madison Charter Township$174,700 (±$12,933)
20Blissfield Township$173,500 (±$34,229)
21Medina Township$165,000 (±$17,784)
22Seneca Township$161,800 (±$34,868)
23Fairfield Township (Lenawee County)$157,000 (±$8,682)
24Adrian$138,000 (±$8,490)

Showing 13 of 26 places in Lenawee County, ranked from highest to lowest.

The figures for Ridgeway Township include the places inside it that have pages of their own: Britton.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Ridgeway Township

What is the average home value in Ridgeway Township, MI?

The Census Bureau publishes the median: $176,500 (±$18,610) for owner-occupied homes in Ridgeway Township (2020–2024 American Community Survey).

Have home values in Ridgeway Township gone up?

In Ridgeway Township, the median home value went from $131,400 in 2015–2019 to $176,500 in 2020–2024 (+34.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Ridgeway 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

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 Ridgeway township, Lenawee County, Michigan (county subdivision:68540, in state:26 county:091).

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.

Request a Census API 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 .

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