Data as of June 2026. Source: Realtor.com.
The RICHMOND, MI real estate market (48062) currently shows 35 active listings, with 15 pending sales. Homes are averaging 39 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 39 days on market compared to 47 days last year.
The median listing price has fallen 24.8% year-over-year, from $438,700 to $329,700.
Whether you are buying or selling in RICHMOND, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
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 June 2026, there are 35 active listings in RICHMOND, MI (zip code 48062), compared to 38 the prior year.
The median listing price in RICHMOND, MI 48062 is $329,700 as of June 2026, a 24.8% decrease from $438,700 the prior year.
Homes in RICHMOND, MI 48062 spend an average of 39 days on the market before going under contract, compared to 47 days the prior year.
Based on current inventory and days-on-market data as of June 2026, RICHMOND, MI 48062 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 39 days on market compared to 47 days last year.
With SELL123.com's maximum 3% commission, sellers in RICHMOND, MI 48062 save an estimated $6,594 compared to a typical 5% commission on the median listing price of $329,700. 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.