Black River MI Commercial for Sale

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Black River Real Estate

The median home value in Black River, MI is $330,750. This is higher than the county median home value of $131,300. The national median home value is $338,100. The average price of homes sold in Black River, MI is $330,750. Approximately 47.85% of Black River homes are owned, compared to 0.96% rented, while 51.2% are vacant. Black 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 Black River real estate agent to arrange a tour today!

Black River, Michigan has a population of 478. Black River is less family-centric than the surrounding county with 13.01% of the households containing married families with children. The county average for households married with children is 16.15%.

The median household income in Black River, Michigan is $40,000. The median household income for the surrounding county is $46,187 compared to the national median of $69,021. The median age of people living in Black River is 56.9 years.

Black River Weather

The average high temperature in July is 77.4 degrees, with an average low temperature in January of 13 degrees. The average rainfall is approximately 29.7 inches per year, with 63.1 inches of snow per year.

Black River Real Estate Market Conditions

  • Median sales price

    $330,750
    14.8% change since last quarter
  • # Active listings

    6
    30-day change

Black River Schools and Demographics

Education near Black River, MI

Metric City County
High School Graduates 84.69 90.43
College Degree - 2 year 8.42 9.24
College Degree - 4 year 13.27 19.43
Graduate Degree 7.4 5.89
Expenditures per Student 14,051 14,051
Students per Teacher 10.8 10.8

Elementary Schools near Black River, MI

School Grades Students P/T Ratio ZIP
Alcona Elementary School KG - 06 362 19.1 48742
Sanborn School KG - 05 186 16.4 49766

High Schools near Black River, MI

School Grades Students P/T Ratio ZIP
Alcona Community High School 07 - 12 364 20.3 48742

Demographics near Black River, MI

Metric City County
Neighborhood Type Small Town
Population 478 10,138
Population Density 17 15
Median Age 56.9 58.7
People per Household 2.2 2.1
Median Household Income 40,000 46,187
Average Income per Capita 27,937 28,615