Indian River Real Estate Market Conditions

  • Median sales price

    $250,000
    6.32% change since last quarter
  • # Active listings

    49
    30-day change

Indian River Schools and Demographics

Education near Indian River, MI

City County
High School Graduates 92.05 90.63
College Degree - 2 year 8.34 8.2
College Degree - 4 year 29.93 19.49
Graduate Degree 10.67 5.86
Expenditures per Student 11,543 13,039
Students per Teacher 20.4 20.4

Elementary Schools near Indian River, MI

Grades Students P/T Ratio ZIP
Cheboygan Intermediate School 03 - 07 672 23.2 49721
East Elementary School KG - 02 307 13.9 49721
Inland Lakes Elementary School KG - 06 269 15.2 49749
Pellston Elementary School PK - 05 235 13.4 49769
Wolverine Elementary School KG - 06 160 13.4 49799

Middle Schools near Indian River, MI

Grades Students P/T Ratio ZIP
West Elementary School KG - 01 235 17 49721

High Schools near Indian River, MI

Grades Students P/T Ratio ZIP
Cheboygan Area High School 08 - 12 704 16.5 49721
Pellston Middle/High School 06 - 12 314 16.5 49769
Wolverine Middle/High School 07 - 12 136 16 49799

Ungraded Schools near Indian River, MI

Grades Students P/T Ratio ZIP
* Cheboygan Virtual Academy 07 - 12 35 350 49721
Alanson Public School PK - 12 256 13.8 49706
Cop ESD Programs PK - 12 97 3.4 49749
Inland Lakes Secondary School 05 - 12 515 24.2 49749
Inverness Academy 06 - 12 59 65.6 49721

Demographics near Indian River, MI

City County
Neighborhood Type Rural
Population 1,870 25,475
Population Density 145 36
Median Age 54.7 50.1
People per Household 2 2.2
Median Household Income 44,609 42,876
Average Income per Capita 29,356 24,956

Indian River Real Estate

The median home value in Indian River, MI is $250,000. This is higher than the county median home value of $106,200. The national median home value is $219,700. The average price of homes sold in Indian River, MI is $250,000. Approximately 39.16% of Indian River homes are owned, compared to 16.49% rented, while 44.35% are vacant. Indian River real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Indian River real estate agent to arrange a tour today!

Indian River, Michigan has a population of 1,870. Indian River is less family-centric than the surrounding county with 13.08% of the households containing married families with children. The county average for households married with children is 23.19%.

The median household income in Indian River, Michigan is $44,609. The median household income for the surrounding county is $42,876 compared to the national median of $57,652. The median age of people living in Indian River is 54.7 years.

Indian River Weather

The average high temperature in July is 78.7 degrees, with an average low temperature in January of 9 degrees. The average rainfall is approximately 31.6 inches per year, with 93.9 inches of snow per year.