Richland, MI Real Estate Market Summary – September 8, 2026
In the Richland, MI market, 14 homes were sold in the last 30 days, averaging a sales price of $491,412. The average home had a living area of approximately 2,449 square feet and was built around 1995.
| Metric | 30 Days |
|---|---|
| Number Sold | 14 |
| Sold Per Day | 1 every 2.14 days |
| Average SQFT | 2449 |
| Median Sales Price | $396,501 |
| Average Sales Price | $491,412 |
| Average Price Per SQFT | $218 |
| Average Days on Market | 17 |
| Average Year Built | 1995 |
Richland, MI Single Family Home Analysis
For single-family homes in Richland, 12 properties were sold, with a median sale price of $408,500. The average living area for these homes was about 2,487 square feet, and they were typically constructed in the early 1990s.
| Metric | 30 Days |
|---|---|
| Number Sold | 12 |
| Sold Per Day | 1 every 2.50 days |
| Average SQFT | 2487 |
| Median Sales Price | $408,500 |
| Average Sales Price | $515,897 |
| Average Price Per SQFT | $228 |
| Average Days on Market | 16 |
| Average Year Built | 1992 |
Richland, MI Condo & Townhome Analysis
The condo and townhome segment saw only 2 sales, averaging a sold price of $344,500. Each of these homes had a living area of 2,221 square feet and was built in 2012.
| Metric | 30 Days |
|---|---|
| Number Sold | 2 |
| Sold Per Day | 1 every 15.00 days |
| Average SQFT | 2221 |
| Median Sales Price | $344,500 |
| Average Sales Price | $344,500 |
| Average Price Per SQFT | $155 |
| Average Days on Market | 20 |
| Average Year Built | 2012 |
Buyer & Seller Analysis
- Homes sold at a pace of 1 every 2.14 days.
- Average days on market was 16.5.
- Median sale price for single-family homes was $408,500.
- Condo and townhome average sale price was $344,500.
- Data reflects sales that occurred in August and September 2026.
Conclusion
The Richland real estate market shows a consistent pace with a range of properties sold in recent weeks. Trends indicate stable pricing for single-family homes, while the condo market remains limited.