What is the housing market like in Mill River today?
In October 2024, Mill River home prices were down 13.8% compared to last year, selling for a median price of $423K. On average, homes in Mill River sell after 9 days on the market compared to 4 days last year. There were 7 homes sold in October this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$422,500
-13.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Mill River, MI
$422,500
-13.8%
United States
To compare other locations to the Mill River and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in South Lyon add value to a home.
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How hot is the Mill River housing market?
Mill River is very competitive. Homes sell in 11 days.
0
100
88
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 11 days.
Hot homes
can sell for about 5% above list price and go pending in around 5 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.7%
-2.9 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Mill River housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Mill River.
Flood Factor - Minor
42% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Mill River has a minor risk of flooding. 56 properties in Mill River are likely to be
severely affected
by flooding over the next 30 years. This represents 42% of all properties in Mill River. Flood risk is increasing slower than the national average.
79% of properties are at risk of wildfire over the next 30 years
Fire Factor
Mill River has a moderate risk of wildfire. There are 186 properties in Mill River that have some risk of being affected by wildfire over the next 30 years. This represents 79% of all properties in Mill River.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Mill River has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Mill River is most at risk from severe storms. 234 properties in Mill River have some risk of being in a severe wind event within the next 30 years.