Is Riverdale, MI 48877 a buyer’s or seller’s market?

The Riverdale housing market right now

In the three months ending August 31, 2026, 14% of homes in Riverdale, MI 48877 sold above their list price, the typical home went under contract in 64 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (59 days then) and the median sale price fell 38% to $134,942. Overall, Riverdale is more competitive than a year ago, so tougher for buyers.

Within Gratiot County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in 64%.

Nearby, buyers who want less competition could look at Sumner 48889 (0% sold over asking) or Pompeii 48874 (0% sold over asking), while Bannister 48807 (50% sold over asking) and Elwell 48832 (33% sold over asking) are even more competitive.