Richmond, MI housing market
Homes typically sell in 13 days, below asking.
Home values, sales, trends and how Richmond compares with the towns next door — updated as new data is published.
Richmond at a glance
A seller's market
Supply is tight — about 3.3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Richmond and its neighbors
3.7 years of income
The typical Richmond home costs about 3.7 years of the town's median household income, about the same as across Michigan (3.7).
How Richmond ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.