Ravenna Real Estate
5 active listings · 48 sold in the past 12mo
$299,999
Median List Price
48
Sold (past 12mo)
68
Avg Days on Market
+23.3%
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.
Your Ravenna Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Ravenna and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(5)
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For Sale
1/48
$1,200,000
2932 S Maple Island Road, Ravenna, MI 49451
6 bd4 ba2,816,394 sqft28.81 ac
Single Family
For Sale
1/54
$539,000
3754 Conklin Street, Ravenna, MI 49451
4 bd3 ba2,897 sqft0.25 ac
Single Family
For Sale
1/34
$299,999
11539 Apple Avenue, Ravenna, MI 49451
4 bd2 ba1,940 sqft2.12 ac
Single Family
For Sale
1/34
$249,900
12135 Stewart Street, Ravenna, MI 49451
5 bd2 ba1,990 sqft0.20 ac
Single Family
For Sale
1/40
$245,000
6980 Spaulding Road, Ravenna, MI 49451
3 bd2 ba1,680 sqft5.08 ac
Mfg Home
Recently Sold(48)
Frequently Asked Questions about Ravenna
Are there homes available in Ravenna right now?
Ravenna currently has 5 homes listed for sale. The median asking price is $299,999.
What is the median home price in Ravenna?
Homes in Ravenna sell for a median of $299,999, drawn from 48 transactions over the past year.
How fast do homes sell in Ravenna?
The average days on market in Ravenna is 68, based on 48 recent transactions.
What school districts serve Ravenna?
Multiple school districts may serve Ravenna. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
Is Ravenna a buyer's or seller's market?
Ravenna is currently a seller's market, with 1.3 months of supply. That ratio comes from 5 active listings relative to 48 sales per year.
How are property taxes calculated in Ravenna?
Property taxes in Ravenna are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
Is housing demand growing in Ravenna?
Census demographic data shows a +23.3% Household Formation Gap in Ravenna. As average household size fell from 3.02 to 2.78, the estimated number of households grew by 100. Population grew 13.5% over the same period. HFG is a secondary market indicator reflecting household formation trends, distinct from primary indicators like comparative market analysis.