Richmond MI Multi Family for Sale

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Richmond Real Estate

The median home value in Richmond, MI is $252,800. This is higher than the county median home value of $222,600. The national median home value is $338,100. The average price of homes sold in Richmond, MI is $252,800. Approximately 78.66% of Richmond homes are owned, compared to 18.49% rented, while 2.85% are vacant. Richmond 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 Richmond real estate agent to arrange a tour today!

Richmond, Michigan 48062 has a population of 5,871. Richmond 48062 is more family-centric than the surrounding county with 29.75% of the households containing married families with children. The county average for households married with children is 28.44%.

The median household income in Richmond, Michigan 48062 is $58,684. The median household income for the surrounding county is $67,828 compared to the national median of $69,021. The median age of people living in Richmond 48062 is 38.7 years.

Richmond Weather

The average high temperature in July is 81.8 degrees, with an average low temperature in January of 15.2 degrees. The average rainfall is approximately 34 inches per year, with 36.1 inches of snow per year.

Richmond Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    56
    30-day change

Richmond Schools and Demographics

Education near Richmond, MI

Metric City County
High School Graduates 86.46 90.39
College Degree - 2 year 10.66 10.81
College Degree - 4 year 18.4 26.15
Graduate Degree 4.83 7.18
Expenditures per Student 13,444 13,444
Students per Teacher 17.6 17.6

Elementary Schools near Richmond, MI

School Grades Students P/T Ratio ZIP
Memphis Elementary School PK - 05 397 14.4 48041
New Haven Administration PK - PK 0 48048
New Haven Elementary School KG - 05 579 19.9 48048
Orville C. Krause Early Elementary School PK - 02 333 17.9 48005
Orville C. Krause Later Elementary School 03 - 05 402 22.7 48005
Will L. Lee School PK - 04 472 19.1 48062

Middle Schools near Richmond, MI

School Grades Students P/T Ratio ZIP
Armada Middle School 06 - 08 454 21 48005
Endeavour Middle School 06 - 08 259 17.4 48096
Memphis Community Schools Virtual Academy KG - 12 0 48041
Richmond Middle School 05 - 08 454 20.4 48062

High Schools near Richmond, MI

School Grades Students P/T Ratio ZIP
Armada High School 09 - 12 699 24.4 48005
Memphis Junior/Senior High School 06 - 12 521 22.1 48041
New Haven High School 09 - 12 365 21.2 48048

Ungraded Schools near Richmond, MI

School Grades Students P/T Ratio ZIP
* Armada Continuing Education Center 09 - 12 22 20 48005
* Lake Huron Virtual & Hybrid High School 09 - 12 20 22.2 48048
* Richmond Community High School 09 - 12 596 22 48062
Merritt Academy PK - 12 543 14.4 48048

Demographics near Richmond, MI 48062

Metric Zip Code City
Neighborhood Type Small town
Population 5,871 879,123
Population Density 2,033 1,834
Median Age 38.7 40.9
People per Household 2.5 2.5
Median Household Income 58,684 67,828
Average Income per Capita 28,836 34,880