Richville, MI Foreclosures
How much do homes sell for in Richville, MI?
The average home price is currently $207,059.
In Richville, MI, how many homes are available?
There are currently 144 active home listings available in Richville.
What’s the average rental cost in Richville, MI?
The average rental price in Richville is $1,372.
What is the most expensive home in Richville?
The most expensive home sold in Richville had a price of $685,020.
What is currently the cheapest priced home in Richville, MI?
The cheapest home for sale in Richville is priced at $90,473.
Living in Richville, MI
Richville, Michigan is a small, serene community that offers a unique blend of rural living and welcoming vibes. With access to local amenities and a range of outdoor activities, it's the ideal spot for families and retirees alike. Residents cherish the strong community bond and the peaceful environment, making it a great choice for real estate investment.
Current Market Conditions in Richville, MI
The current real estate market in Richville has seen a gradual increase in home prices compared to last year, reflecting a growing demand for properties in this quaint community. More home buyers are looking for peaceful, rural settings away from the city's hustle, which has contributed to a steady rise in housing activity and new construction options.
Richville has recently experienced an influx of families seeking spacious homes with yards, appealing to those looking for a suburban or rural feel. Inventory levels are gradually decreasing as buyers compete for available homes, making this an attractive market for sellers.
Home Value Estimator For Richville, MI
There are currently 51 real estate properties
in Richville, MI,
with a median automated valuation model (AVM) price
of $167,371.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Richville, 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 Richville, MI,
is $207,059.00, with the most expensive house
in Richville, MI, topping out
at $685,020.00 and the cheapest home
in Richville, MI,
clocking in at $90,473.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Richville, MI!
Rent Prices
In Richville, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Richville, MI, is on
a rollercoaster ride. The
average rent price in Richville, MI,
is $1,372.00. Indeed, when looking to rent in
Richville, MI, you can expect to pay as little
as $880.00 or as much
as $2,210.00,
with the average rent median estimated to
be $1,370.00. The good news is that finding
an affordable and desirable property to rent in Richville, 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.
Learn more on Foreclosure homes
