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Foreclosures 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 $539,552.
In Richland, MI, how many homes are available?
There are currently 8 active home listings available in Richland.
What’s the average rental cost in Richland, MI?
The average rental price in Richland is $1,761.
What is the most expensive home in Richland?
The most expensive home sold in Richland had a price of $4,598,900.
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 serene lakeside community known for its friendly atmosphere and access to beautiful outdoor activities. It offers a blend of small-town charm and modern conveniences, making it an attractive location for families and retirees alike. With its proximity to Gull Lake, residents can enjoy recreational activities throughout the year.

Current Market Conditions in Richland, MI

In recent months, Richland has experienced a competitive real estate market, primarily due to its desirable location near Gull Lake. Demand for homes has been rising, leading to an increase in prices and a quick turnover of listings. Sellers are capitalizing on the market conditions, while potential buyers are advised to act quickly as homes tend to go under contract within days of being listed.

Home Value Estimator For Richland, MI

There are currently 3,526 real estate properties in Richland, MI, with a median automated valuation model (AVM) price of $374,000.00. 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 $539,552.00, with the most expensive house in Richland, MI, topping out at $4,598,900.00 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 $1,761.00. 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


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