18 homes sold in Richland in the last year, at a typical $361K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Richland homes are listed.
Every place Richland homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Richland.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 61% of Richland’s sales, at a typical $389K
18 homes sold in the year to May 2026.
typical sale · 11 sold in 12 months
- Per square foot
- $209MI $172
- Days to sell
- 50
- Sold over asking
- 18%
- Listings with a price cut
- 43%
Condos: 7 sold, typical $320K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at twice the 2016 price
18 sales in the last year, against 33 in 2019 and a low of 18 in 2022. The typical sale went from $183K in 2016 to $361K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Richland
Check a listing against what Richland homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Owning the typical Richland home costs about $2,265 a month
Price: Richland’s typical sale, last 12 months. Property tax at Richland’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Richland is affordable on local pay is on Cost of living.
Four things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $361K home, about $4,570 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in Richland.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Richland, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Richland. People who follow the town see it, and so do people comparing Richland with their own town. No commission, no listing fee.
Questions about buying a home in Richland
What do homes sell for in Richland, MI?
18 homes sold in the year to May 2026 at a typical $361K, $189 a square foot.
Is Richland a buyer’s or seller’s market?
A buyer’s market: 7 homes were for sale in May 2026 and 1 sold, about 7 months of supply. Buyers paid 97.9% of asking on average, and 33% of listings cut their price.
How much are property taxes in Richland?
About 1.3% of a home’s value a year. On a $361K home that’s near $4,570.
Where can I see homes for sale in Richland?
Zillow, Redfin, Realtor.com and Homes.com all carry Richland’s MLS listings; the search links above open each one filtered to Richland.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).