House Prices

House Prices & Home Values Riga, MI 2026


Average Data

average house price$285,088
average size per house2294 ft²
average price per ft²125 $ / ft²

04/22/2026 - The value range (VR) for house prices in Riga, MI is $124/ sqft to $124/ sqft. An average home with 2294 sqft costs approximately $284,456 to $284,456. Riga, MI includes 1 ZIP codes and it is located in Lenawee county. The lowest prices are found in ZIP 49276, while the highest are in ZIP 49276. The average price per sqare feet is $125. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Riga

49276126 $ / ft²




Historical development of home values in Riga

Year Estimated value (USD) Change vs. 2025
2010 $132,400 -53.6%
2011 $127,280 -55.4%
2012 $126,937 -55.5%
2013 $131,682 -53.8%
2014 $138,230 -51.5%
2015 $145,324 -49.0%
2016 $152,908 -46.4%
2017 $161,161 -43.5%
2018 $170,071 -40.3%
2019 $177,957 -37.6%
2020 $187,157 -34.4%
2021 $212,871 -25.3%
2022 $248,159 -13.0%
2023 $261,695 -8.2%
2024 $276,835 -2.9%
2025 $285,088 0.0%

Graph: estimated home values in Riga over time (USD)



Example: 100% financing house in Riga

Loan amount: $285,088

Interest rate: 6.00%

Fixed monthly payment: $1,709.25

Breakdown in the 1st month:
Interest portion: $1,425.44  –  Principal portion: $283.81

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $17,010.05 $3,500.91 $281,587.09
2 $16,794.12 $3,716.84 $277,870.24
3 $16,564.87 $3,946.09 $273,924.15
4 $16,321.48 $4,189.48 $269,734.68
5 $16,063.09 $4,447.87 $265,286.80
6 $15,788.75 $4,722.21 $260,564.60
7 $15,497.50 $5,013.46 $255,551.13
8 $15,188.28 $5,322.68 $250,228.45
9 $14,859.98 $5,650.97 $244,577.47
10 $14,511.44 $5,999.51 $238,577.96
11 $14,141.41 $6,369.55 $232,208.41
12 $13,748.55 $6,762.41 $225,446.00
13 $13,331.46 $7,179.50 $218,266.49
14 $12,888.64 $7,622.32 $210,644.18
15 $12,418.51 $8,092.45 $202,551.73
16 $11,919.39 $8,591.57 $193,960.16
17 $11,389.48 $9,121.48 $184,838.68
18 $10,826.89 $9,684.07 $175,154.61
19 $10,229.59 $10,281.37 $164,873.24
20 $9,595.46 $10,915.50 $153,957.74
21 $8,922.22 $11,588.74 $142,369.00
22 $8,207.45 $12,303.51 $130,065.49
23 $7,448.60 $13,062.36 $117,003.13
24 $6,642.94 $13,868.02 $103,135.11
25 $5,787.59 $14,723.37 $88,411.74
26 $4,879.48 $15,631.48 $72,780.26
27 $3,915.37 $16,595.59 $56,184.67
28 $2,891.79 $17,619.17 $38,565.50
29 $1,805.08 $18,705.88 $19,859.62
30 $651.34 $19,859.62 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Riga, MI


1500 sqft3900 sqft
Ø selling price$226,876$482,626
Ø fast selling$206,251$434,363
Ø high price sale$247,501$530,888

In 2026, houses in Riga, MI will be offered at an average price of $125 per square foot. A 1,500 sqft home priced at $226,876 is 23.30% more expensive per square foot than a 3,900 sqft home priced at $482,626. Home prices in Riga, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $334,125. Sellers who can wait longer may achieve a higher price of up to $408,376.

FAQ – Home Values in Riga

What is the median home value in Riga in 2026?

In 2026, the typical home value in Riga is about $285,088 for an average home size of 2294 square feet. This corresponds to an average price of roughly $125 per square foot.

What is the average cost per square foot in Riga?

In 2026, homes in Riga sell for an average of around $125 per square foot, with a typical range between $124 and $124 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Riga is about 2294 square feet, with an estimated 2026 value around $285,088.



Locations close to Riga, MI

Rives Junction, MI111 $ / ft²
Sand Creek, MI128 $ / ft²
Somerset Center, MI135 $ / ft²
Reading, MI75 $ / ft²
Pleasant Lake, MI152 $ / ft²
Pittsford, MI92 $ / ft²
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