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Foreclosure Homes in Richland, MI

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Richland, MI Foreclosures

How much do homes sell for in Richland, MI?
The average home price is currently $498,578.
In Richland, MI, how many homes are available?
There are currently 10 active home listings available in Richland.
What’s the average rental cost in Richland, MI?
The average rental price in Richland is $1,762.
What is the most expensive home in Richland?
The most expensive home sold in Richland had a price of $5,752,840.
What is currently the cheapest priced home in Richland, MI?
The cheapest home for sale in Richland is priced at $11,287.

Living in Richland, MI

Richland, MI, is a picturesque village that combines rural charm with suburban convenience. With its beautiful landscapes, strong community ties, and excellent local amenities, it's an attractive option for families and retirees. The area provides access to numerous outdoor activities and is close to larger urban centers.

Current Market Conditions in Richland, MI

The real estate market in Richland is currently stable, with a variety of available properties that cater to different budgets. Prices are rising gradually, driven by the area's popularity among families relocating for its quality of life and schooling options.

Investors are seeing consistent demand for housing due to the village's appeal, with a mix of established homes and new builds. As more individuals seek out suburban living, Richland's market is expected to continue to grow.

Home Value Estimator For Richland, MI

There are currently 3,100 real estate properties in Richland, MI, with a median automated valuation model (AVM) price of $363,780.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Richland, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Richland, MI, is $498,578.00, with the most expensive house in Richland, MI, topping out at $5,752,840.00 and the cheapest home in Richland, MI, clocking in at $11,287.00. In other words, there’s something for every potential homebuyer or savvy investor in Richland, MI!

Rent Prices In Richland, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Richland, MI, is on a rollercoaster ride. The average rent price in Richland, MI, is $1,762.00. Indeed, when looking to rent in Richland, MI, you can expect to pay as little as $510.00 or as much as $2,800.00, with the average rent median estimated to be $1,700.00. The good news is that finding an affordable and desirable property to rent in Richland, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Richland, MI Foreclosures


Market Trend for Richland, MI

Total Listings Available: 10

Market Values:

Home Prices from $11,287 to $5,752,840

Average Sales Price: $498,578

Rental Values:

Rental from $510 to $2,800

Average Rent Value: $1,762 / month

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