Richland Real Estate
29 active listings · 153 sold in the past 12mo
$469,900
Median List Price
153
Sold (past 12mo)
88
Avg Days on Market
+45.9%
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.
Your Richland Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Richland and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(29)
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For Sale
1/52
$1,199,900
6583 W Hidden Lake Circle, Richland, MI 49083
4 bd3 ba4,099 sqft1.52 ac
Single Family
For Sale
1/8
$1,029,100
10445 Country Club Drive, Richland, MI 49083
5 bd5 ba3,348 sqft3.57 ac
Single Family
Coming Soon
1/26
$895,000
6319 Canterwood Drive, Richland, MI 49083
5 bd5 ba4,988 sqft1.93 ac
Single Family
For Sale
1/19
$875,000
10029 Wildwood Court, Richland, MI 49083
3 bd4 ba2,979 sqft0.38 ac
Single Family
For Sale
1/30
$824,700
6670 Chaffey Creek Trail, Richland, MI 49083
4 bd3 ba2,762 sqft2.11 ac
Single Family
For Sale
1/34
$800,000
11690 E D Avenue, Richland, MI 49083
3 bd2 ba1,270 sqft0.44 ac
Single Family
For Sale
1/31
$738,900
6627 Chaffey Creek Trail, Richland, MI 49083
4 bd3 ba2,331 sqft1.61 ac
Single Family
For Sale
1/40
$729,800
6697 Chaffey Creek Trail, Richland, MI 49083
4 bd3 ba2,409 sqft1.64 ac
Single Family
For Sale
1/25
$609,900
9194 Kellie Lane, Richland, MI 49083
4 bd4 ba3,390 sqft0.47 ac
Single Family
For Sale
1/48
$585,000
5695 Elmgrove Avenue, Richland, MI 49083
5 bd3 ba2,610 sqft0.98 ac
Single Family
For Sale
1/44
$575,000
9370 Alex Drive, Richland, MI 49083
4 bd3 ba3,820 sqft1.54 ac
Single Family
For Sale
1/49
$550,000
6147 Autumn Ridge, Richland, MI 49083
4 bd4 ba3,302 sqft0.60 ac
Single Family
For Sale
1/28
$500,000
10543 Wildwood Circle, Richland, MI 49083
3 bd2 ba1,822 sqft0.17 ac
Single Family
For Sale
1/62
$475,000
10581 Country Club Drive, Richland, MI 49083
3 bd3 ba2,431 sqft0.27 ac
Single Family
For Sale
1/18
$469,900
7827 Hatton Circle, Richland, MI 49083
3 bd3 ba2,613 sqft
Single Family
For Sale
1/30
$439,900
7756 Cottonwood, Richland, MI 49083
3 bd3 ba2,706 sqft0.39 ac
Single Family
For Sale
1/30
$400,000
9222 Hatton Circle, Richland, MI 49083
3 bd3 ba2,345 sqft0.06 ac
Condo
For Sale
1/54
$399,999
7657 Cottonwood, Richland, MI 49083
5 bd3 ba2,500 sqft1.16 ac
Single Family
For Sale
1/36
$399,000
8127 Robinbrook Street, Richland, MI 49083
3 bd3 ba2,646 sqft0.20 ac
Condo
For Sale
1/34
$370,000
8218 N 37th Street, Richland, MI 49083
3 bd2 ba1,682 sqft0.34 ac
Single Family
For Sale
1/27
$369,900
7723 Yorktown Street, Richland, MI 49083
3 bd2 ba2,512 sqft0.53 ac
Single Family
For Sale
1/34
$364,900
8768 E Sturtevant Avenue, Richland, MI 49083
4 bd3 ba2,062 sqft0.15 ac
Single Family
For Sale
1/33
$359,900
8804 E Sturtevant Avenue, Richland, MI 49083
4 bd3 ba1,910 sqft0.15 ac
Single Family
For Sale
1/32
$349,900
8807 Cowley Court, Richland, MI 49083
4 bd3 ba1,883 sqft0.16 ac
Single Family
Recently Sold(153)
Frequently Asked Questions about Richland
Are there homes available in Richland right now?
There are currently 29 active listings in Richland. The median asking price is $469,900.
What is the median home price in Richland?
Based on 153 sales in the past year, homes in Richland have a median price of $469,900.
How fast do homes sell in Richland?
Over the past year, homes in Richland spent an average of 88 days on market before selling.
What school districts serve Richland?
Multiple school districts may serve Richland. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
Is Richland a buyer's or seller's market?
Richland is currently a seller's market, with 2.3 months of supply. That ratio comes from 29 active listings relative to 153 sales per year.
How are property taxes calculated in Richland?
Property taxes in Richland are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What is the Household Formation Gap in Richland?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Richland is +45.9%. Shrinking household sizes (from 2.21 to 2.68 persons per household) have increased the number of households needing housing by 119 since 2009 — independent of the 77.0% population growth. This is a secondary demographic indicator, not a primary market measure.