Houses For Sale in Richland, MI

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Sold By Stevo
Richland, MI 49083
Market Overview
Market Balance
Balanced
Buyer's
Seller's
Richland is currenty a
Buyer's Market

In a buyer’s market, there is an overabundance of homes for sale compared to the demand. Buyers have the advantage because sellers will be motivated to negotiate price and terns in order to sell their property.

Area Demographics
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Total Population
741
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Population Density
730
/sq mi.
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Median YEARLY income
$36,607
Demographic Icon
MEDIAN AGE
49
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COLLEGE EDUCATED
30%
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Owner/renter divide
88% / 12%
Listing Stats
Average List Price
-34.8%
Since last Year
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 100,000 100,000 200,000 200,000 300,000 300,000 400,000 400,000
Number of New Homes on Market
-85.9%
Since last Year
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 20 20 40 40 60 60 80 80 100 100 120 120 140 140
Average Sale Price
-39.5%
Since last Year
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 50,000 50,000 100,000 100,000 150,000 150,000 200,000 200,000 250,000 250,000 300,000 300,000 350,000 350,000
Number of Sold Homes
-92.2%
Since last Year
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 20 20 40 40 60 60 80 80 100 100 120 120 140 140
Distribution of Listing Price
$0 - $149K $0 - $149K $150K - $299K $150K - $299K $300K - $499K $300K - $499K $500K - $749K $500K - $749K $750K - $999K $750K - $999K $1M+ $1M+ 0.0 0.0 1.0 1.0 2.0 2.0 3.0 3.0 4.0 4.0 5.0 5.0
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