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RAVENNA, MI 49451

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The RAVENNA, MI real estate market (49451) currently shows 2 active listings, with 1 pending sales. Homes are averaging 224 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 224 days on market compared to 99 days last year.

The median listing price has risen 6% year-over-year, from $326,875 to $346,500.

Whether you are buying or selling in RAVENNA, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 6,386  ·  Density: 29.5/mi²  ·  Median household income: $67,326

Typical home value: $185,865  ·  Homeownership: 88.4%

Market Overview

Active Listings
2
⇩ 84.6% vs 13 last year
Pending
1
50% pending ratio
Median Price
$346,500
⇧ 6% vs $326,875 last year
Average Price
$346,500
⇩ 0.5% vs $348,125 last year
Days on Market
224
⇧ 126.3% vs 99 days last year

Price Per Square Foot

Median $/sqft
$126
⇩ 23.6% vs $165/sqft last year
Median Home Size
2,760 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 13 last year
  • Days on market: 224 now vs 99 last year

Median & Average Pricing

Year over Year
  • Median: $346,500 (+6% YoY)
  • Average: $346,500 (-0.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.0 miles — 482 listings ($177,959,499 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49451Ravenna, MI 494510.0 mi3$1,097,250$328,500$365,750
49303Bailey, MI 493037.2 mi3$1,389,000$399,000$463,000
49442Muskegon, MI 494428.4 mi142$30,131,548$179,900$212,194
49448Nunica, MI 494489.9 mi7$3,270,400$449,450$467,200
49327Grant, MI 4932710.6 mi20$7,658,580$355,000$382,929
49330Kent City, MI 4933011.9 mi9$6,880,761$396,675$764,529
49345Sparta, MI 4934514.1 mi24$11,490,576$534,900$478,774
49435Marne, MI 4943514.3 mi8$2,799,200$349,900$349,900
49441Muskegon, MI 4944115.4 mi136$62,320,776$299,450$458,241
49544Grand Rapids, MI 4954416.2 mi6$2,099,898$302,500$349,983
49445Muskegon, MI 4944516.4 mi64$22,851,840$304,950$357,060
49321Comstock Park, MI 4932117.4 mi25$9,260,075$387,450$370,403
49534Grand Rapids, MI 4953419.0 mi35$16,709,595$467,135$477,417

Frequently Asked Questions

How many homes are for sale in RAVENNA, MI 49451?

As of February 2026, there are 2 active listings in RAVENNA, MI (zip code 49451), compared to 13 the prior year.

What is the median home price in RAVENNA, MI 49451?

The median listing price in RAVENNA, MI 49451 is $346,500 as of February 2026, a 6% increase from $326,875 the prior year.

How long do homes stay on the market in RAVENNA, MI?

Homes in RAVENNA, MI 49451 spend an average of 224 days on the market before going under contract, compared to 99 days the prior year.

Is it a seller's or buyer's market in RAVENNA, MI 49451?

Based on current inventory and days-on-market data as of February 2026, RAVENNA, MI 49451 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 224 days on market compared to 99 days last year.

How much can I save on real estate commission in RAVENNA, MI?

With SELL123.com's maximum 3% commission, sellers in RAVENNA, MI 49451 save an estimated $6,930 compared to a typical 5% commission on the median listing price of $346,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.