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MI area data

Ravenna, MI

Ravenna, MI.

Population: 6,298 (Census ACS)

The median home value in Ravenna, MI is $308,130 — up 5.8% over the past year. Homes sell for a median $280,000 after a median 7 days on market. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strongwind, icestorm, inlandflooding the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$308,130

Median home value

+5.8%

1-year change

7

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$308,130
1-year appreciation
+5.8%
3-year appreciation
+11.4%
5-year appreciation
+28.3%
10-year appreciation
+114.6%
All-time peak (2026-07)
$308,130
House Price Index (state)
387.5 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$280,000
Median list price
$299,950
Median price per sqft
$199
1-year sale-price change
-6.7%
Median days on market
7 days
Homes sold (recent period)
9
For-sale inventory
12
Sale-to-list ratio
101.4%
Active listings
7
1-year forecast
+1.7%
New listings (monthly)
7

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$823/mo
1BR fair-market rent
$1,029/mo
2BR fair-market rent
$1,261/mo
3BR fair-market rent
$1,639/mo
4BR fair-market rent
$1,891/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1
Schools include
Beechnau Elementary School, Ravenna High School, Ravenna Middle School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
strongWind, iceStorm, inlandFlooding, lightning, tornado
Notable hazard ratings (county)
coldWave: Relatively Low · hail: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Moderate · inlandFlooding: Relatively Moderate · lightning: Relatively Moderate
FEMA flood zone
C
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 17% of US counties
Buildings in wildfire direct-exposure zone
47.1%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Bofors Nobel, Inc. (7.5 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
46.2 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
41
Days with Good air quality
187
Days with Moderate air quality
44
Highest AQI recorded (year)
147

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
7.0 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
16,265
Jobs reachable by transit (45 min)
15,709

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
28
Nearest airport
Cherry Field (10 mi)
Nearest major airport
Muskegon County Airport (MKG) (14 mi)
Hospitals nearby (~15 mi)
4
Hospitals include
SPECTRUM HEALTH, MERCY HEALTH SAINT MARY'S, TRINITY HEALTH MUSKEGON HOSPITAL
Avg hospital rating (CMS)
3.7 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+347 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,982
Housing built before 1970
34.2%
Housing built 2000 or later
19.3%
Median annual property tax
$2,317
Mean commute to work
25 min
Households with broadband internet
48.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
55,112
Average weekly wage
$966
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
277

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

RavennaState medianUS median
Median home value$308,130$246,351$289,727
Median sale price$280,000$265,000$325,000
Median days on market7 days36 days51 days
Median annual property tax$2,317$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Ravenna, MI?
$308,130.
What is the median sale price in Ravenna, MI?
$280,000.
How long do homes take to sell in Ravenna, MI?
Median days on market: 7 days.
What is typical rent in Ravenna, MI?
2-bedroom fair-market rent: $1,261/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Ravenna, MI?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strongWind, iceStorm, inlandFlooding, lightning, tornado.
Is Ravenna, MI in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone C.
What is the wildfire risk in Ravenna, MI?
Risk to homes is higher than 17% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Ravenna, MI?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Ravenna, MI?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Ravenna, MI?
3 schools (1 elementary, 1 middle, 1 high) (NCES, 2022-23).
Is Ravenna, MI walkable?
Walkability index: 7.0/20 (EPA Smart Location Database).
What is the air quality in Ravenna, MI?
Good. Median AQI: 41. (EPA AQI).
What is the cost of living in Ravenna, MI?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Ravenna

Selling a home in Ravenna, MI?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents