Market report, updated

Market Report

Search in the city of Richland

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Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 6 months, homes sold for 98.2% of list price in 47 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $441K Sold · $444K
$800K$650K$500K$350K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 18 sales in Nov. Last month: 14.

Where the market stands

All homes in this report, by status.

153homes
Active57 · 37%
Under contract11 · 7%
Sold (6 mo)85 · 56%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.9months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$439K
Under contract$465K
Sold$535K

Average days on market

Active373 days
Under contract54 days
Sold47 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 57
Average list price $438,638
Avg. days on market 373 days
Avg. price per ft² $238 Based on 37 of 57 homes
Avg. living area 2,587 ft² Based on 37 of 57 homes
Avg. beds / baths 3.6 / 2.8

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

20 homes didn’t report living area and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 37 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

20 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

9373 Fraulin Drive$983
5265 N 32nd Street$527
12180 E D Avenue$526
6627 Chaffey Creek Trail$316
10445 Country Club Drive$307
6697 Chaffey Creek Trail$302
6670 Chaffey Creek Trail$298

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
12180 E D AvenueRichland, MI 49083 334,400$2,318,300$52688 days
9373 Fraulin DriveRichland, MI 49083 322,130$2,095,000$9834 days
5265 N 32nd StreetRichland, MI 49083 432,843$1,500,000$5274 days
6583 W Hidden Lake CircleRichland, MI 49083 434,099$1,175,000$286145 days
10445 Country Club DriveRichland, MI 49083 443,348$1,029,100$307116 days
10029 Wildwood CourtRichland, MI 49083 342,979$850,000$285346 days
6670 Chaffey Creek TrailRichland, MI 49083 432,762$824,700$298130 days
6627 Chaffey Creek TrailRichland, MI 49083 432,331$738,900$316263 days
6697 Chaffey Creek TrailRichland, MI 49083 432,409$729,800$302218 days
6418 Whitney WoodsRichland, MI 49083 654,487$725,000$16176 days
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Questions about this market?

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