Indian River Real Estate
46 active listings · 37 sold in the past 12mo
$409,500
Median List Price
37
Sold (past 12mo)
71
Avg Days on Market
+43.4%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(46)
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For Sale
1/124
$8,300,000
3063 Red Pine Point Drive, Indian River, MI 49749
10 bd10 ba14.10 ac
Single Family
For Sale
1/99
$8,300,000
3063 Red Pine Point Drive, Indian River, MI 49749
10 bd14 ba18,384 sqft14.10 ac
Single Family
For Sale
1/51
$1,995,000
8554 W M-68, Indian River, MI 49749
3 bd3 ba1.50 ac
Single Family
For Sale
1/56
$1,750,000
8453/8455 White Road, Indian River, MI 49749
2 bd2 ba205 ac
Single Family
For Sale
1/78
$1,385,000
3652 Pier Avenue, Indian River, MI 49749
6 bd2 ba
Single Family
For Sale
1/47
$1,299,000
1400 Round Point Drive, Indian River, MI 49749
5 bd3 ba1.06 ac
Single Family
For Sale
1/61
$1,150,000
516 W Shoreview Lane, Indian River, MI 49749
3 bd2 ba0.38 ac
Single Family
For Sale
1/95
$899,900
3710 Lake Marina Drive, Indian River, MI 49749
3 bd3 ba1.06 ac
Single Family
For Sale
1/64
$895,000
6378 Hillside Avenue, Indian River, MI 49749
5 bd3 ba0.50 ac
Single Family
For Sale
1/3
$850,000
7397 Tammy Drive, Indian River, MI 49749
3 bd3 ba2,421 sqft1.32 ac
Single Family
Under Contract
1/57
$835,000
78 Plymouth Beach Drive, Indian River, MI 49749
3 bd2 ba0.21 ac
Single Family
Under Contract
1/51
$825,000
3002 Parrotts Road, Indian River, MI 49749
2 bd2 ba0.32 ac
Single Family
Under Contract
1/46
$775,000
6330 Oakley Avenue, Indian River, MI 49749
3 bd2 ba0.49 ac
Single Family
For Sale
1/92
$679,000
1343 Renos Drive, Indian River, MI 49749
2 bd1 ba
Single Family
For Sale
1/53
$675,000
6528 Holden Road, Indian River, MI 49749
5 bd3 ba0.27 ac
Single Family
For Sale
1/58
$559,900
5134 Big Sky Trail, Indian River, MI 49749
3 bd2 ba2.25 ac
Single Family
For Sale
1/48
$499,000
3401 Poplar Street, Indian River, MI 49749
3 bd2 ba0.45 ac
Single Family
For Sale
1/36
$499,000
939 Stratford Lane, Indian River, MI 49749
3 bd2 ba0.10 ac
Single Family
For Sale
1/37
$498,000
1466 Wahbee Avenue, Indian River, MI 49749
2 bd1 ba
Single Family
For Sale
1/15
$465,900
865 Wintree Drive, Indian River, MI 49749
3 bd2 ba0.67 ac
Single Family
For Sale
1/22
$424,900
6888 Sequoia Drive, Indian River, MI 49749
3 bd2 ba1.03 ac
Single Family
For Sale
1/45
$424,900
2156 E Mullett Lake Road, Indian River, MI 49749
4 bd3 ba1.40 ac
Single Family
For Sale
1/55
$410,000
6116 Hemlock Street, Indian River, MI 49749
4 bd2 ba1.38 ac
Single Family
For Sale
1/41
$409,000
3869 Club Road, Indian River, MI 49749
2 bd2 ba2.36 ac
Single Family
Recently Sold(37)
Frequently Asked Questions about Indian River
Are there homes available in Indian River right now?
There are currently 46 active listings in Indian River. The median asking price is $409,500.
What is the median home price in Indian River?
Based on 37 sales in the past year, homes in Indian River have a median price of $409,500.
How fast do homes sell in Indian River?
Over the past year, homes in Indian River spent an average of 71 days on market before selling.
What school districts serve Indian River?
Indian River is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Indian River may be zoned for different districts. Check individual listings for the specific school district assignment.
Is Indian River a buyer's or seller's market?
With 14.9 months of inventory, Indian River is currently a buyer's market. This is based on 46 active listings and 37 sales in the past 12 months.
How are property taxes calculated in Indian River?
Michigan property taxes in Indian River are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
Is housing demand growing in Indian River?
Census demographic data shows a +43.4% Household Formation Gap in Indian River. As average household size fell from 1.9 to 1.97, the estimated number of households grew by 340. Population grew 48.7% over the same period. HFG is a secondary market indicator reflecting household formation trends, distinct from primary indicators like comparative market analysis.