Richmond, MI—48062
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Richmond, MI
As of Nov '25, the median home price in Richmond, MI is $295,000, with a year-over-year change of 3.5%. This indicates that home prices in Richmond, MI are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $295,000 | 3.5% |
| Single Family | $311,000 | 3.3% |
| Condos | $248,000 | 6.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |