Data as of September 2026. Source: Realtor.com.
The RICHMOND, MI real estate market (48062) currently shows 48 active listings, with 14 pending sales. Homes are averaging 39 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 39 days on market compared to 32 days last year.
The median listing price has fallen 2.4% year-over-year, from $399,725 to $390,000.
Population: 9,351 · Density: 91.4/mi² · Median household income: $76,600
Typical home value: $244,337 · Homeownership: 83.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48062 | Richmond, MI 48062 | 0.0 mi | 27 | $11,144,925 | $365,000 | $412,775 |
| 48041 | Memphis, MI 48041 | 6.2 mi | 6 | $2,839,200 | $486,500 | $473,200 |
| 48063 | Columbus, MI 48063 | 6.3 mi | 6 | $2,749,698 | $449,450 | $458,283 |
| 48096 | Ray, MI 48096 | 8.6 mi | 9 | $8,628,561 | $774,625 | $958,729 |
| 48027 | Goodells, MI 48027 | 8.9 mi | 3 | $1,203,999 | $419,000 | $401,333 |
| 48051 | New Baltimore, MI 48051 | 11.0 mi | 57 | $20,839,884 | $333,650 | $365,612 |
| 48065 | Romeo, MI 48065 | 12.2 mi | 39 | $34,399,872 | $657,945 | $882,048 |
| 48023 | Fair Haven, MI 48023 | 12.5 mi | 11 | $9,635,780 | $614,950 | $875,980 |
| 48079 | Saint Clair, MI 48079 | 12.8 mi | 51 | $21,004,044 | $377,400 | $411,844 |
| 48003 | Almont, MI 48003 | 13.5 mi | 25 | $14,058,050 | $546,598 | $562,322 |
| 48074 | Smiths Creek, MI 48074 | 13.9 mi | 15 | $4,358,475 | $257,400 | $290,565 |
| 48094 | Washington, MI 48094 | 14.3 mi | 53 | $46,524,460 | $856,200 | $877,820 |
| 48315 | Utica, MI 48315 | 15.8 mi | 93 | $64,079,604 | $634,666 | $689,028 |
As of September 2026, there are 48 active listings in RICHMOND, MI (zip code 48062), compared to 45 the prior year.
The median listing price in RICHMOND, MI 48062 is $390,000 as of September 2026, a 2.4% decrease from $399,725 the prior year.
Homes in RICHMOND, MI 48062 spend an average of 39 days on the market before going under contract, compared to 32 days the prior year.
Based on current inventory and days-on-market data as of September 2026, RICHMOND, MI 48062 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 39 days on market compared to 32 days last year.
With SELL123.com's maximum 3% commission, sellers in RICHMOND, MI 48062 save an estimated $7,800 compared to a typical 5% commission on the median listing price of $390,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.