Richmond Twp Real Estate
15 active listings · 61 sold in the past 12mo
$359,900
Median List Price
61
Sold (past 12mo)
68
Avg Days on Market
+5.8%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(15)
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For Sale
1/40
$1,100,000
68373 Lake Angela Pointe, Richmond, MI 48062
3 bd3 ba3,507 sqft56.88 ac
Single Family
For Sale
1/53
$799,900
68503 Lake Angela Pointe, Richmond, MI 48062
3 bd3 ba2,450 sqft0.54 ac
Single Family
For Sale
1/69
$725,000
70336 Welding Road, Richmond, MI 48062
3 bd4 ba3,100 sqft1.50 ac
Single Family
For Sale
1/52
$649,000
68125 Lake Angela Drive, Richmond, MI 48062
3 bd3 ba2,375 sqft0.36 ac
Single Family
Under Contract
1/47
$609,000
26850 Irwin Rd., Richmond, MI 48062
3 bd3 ba2,055 sqft2.50 ac
Single Family
Under Contract
1/47
$479,900
27780 Pratt Road, Richmond, MI 48062
3 bd3 ba2 ac
Single Family
For Sale
1/42
$387,000
31294 NE Shue, MI 48062
3 bd2 ba2,321 sqft4.81 ac
Single Family
Under Contract
1/29
$359,900
70151 Crystal Drive, Richmond, MI 48062
3 bd3 ba2,735 sqft0.17 ac
Single Family
For Sale
1/29
$350,000
30100 Armada Ridge Road, Richmond, MI 48062
4 bd2 ba2,052 sqft1.36 ac
Single Family
For Sale
1/25
$280,000
22092 3 Mile Road, Reed City, MI 49677
5 bd2 ba3,046 sqft9.59 ac
Mfg Home
For Sale
1/26
$275,000
35930 Washington Street, Richmond, MI 48062
3 bd2 ba1,428 sqft0.28 ac
Single Family
For Sale
1/46
$245,000
4079 Wild Turkey Trail, Reed City, MI 49677
3 bd2 ba1,100 sqft0.97 ac
Single Family
For Sale
1/26
$209,900
21082 Elm Street, Reed City, MI 49677
4 bd2 ba1,759 sqft0.60 ac
Single Family
Under Contract
1/29
$185,000
2126 200th Avenue, Reed City, MI 49677
4 bd1 ba2,073 sqft1 ac
Single Family
For Sale
1/26
$165,000
68457 Rosewood Lane, Richmond, MI 48062
2 bd1 ba1,035 sqft
Condo
Recently Sold(61)
Frequently Asked Questions about Richmond Twp
How many homes are for sale in Richmond Twp?
Buyers in Richmond Twp can choose from 15 active listings. The median asking price is $359,900.
What are home prices like in Richmond Twp?
Based on 61 sales in the past year, homes in Richmond Twp have a median price of $359,900.
What is the average days on market in Richmond Twp?
Over the past year, homes in Richmond Twp spent an average of 68 days on market before selling.
Which school districts cover Richmond Twp?
Richmond Twp is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Richmond Twp may be zoned for different districts. Check individual listings for the specific school district assignment.
How competitive is the Richmond Twp real estate market?
With 3.0 months of inventory, Richmond Twp is currently a seller's market. This is based on 15 active listings and 61 sales in the past 12 months.
How are property taxes calculated in Richmond Twp?
Michigan property taxes in Richmond Twp are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What does demographic data show about housing demand in Richmond Twp?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Richmond Twp is +5.8%. Shrinking household sizes (from 2.36 to 2.34 persons per household) have increased the number of households needing housing by 136 since 2009 — independent of the 4.9% population growth. This is a secondary demographic indicator, not a primary market measure.