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Richland Market Report

$367,738

AVERAGE PRICE OF 87 HOMES

$1,792,500

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$488,214

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$649,900

AVERAGE PRICE OF 2 HOMES WITH A POOL

$662,178

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $367,738
Avg Bedrooms 1.97 beds
Avg Bathrooms 1.6 baths

Average Price by Bedrooms

2 bedrooms $538,471
3 bedrooms $475,780
4 bedrooms $386,052
5 bedrooms $630,609
Richland Home Price Trends
  9/2023 8/2023 7/2023 6/2023 5/2023
Total Listings 87 88 83 81 80
Average Price $370,292 $382,202 $398,178 $370,692 $327,262
Avg Price Change -3.22% -4.18% +7.41% +13.27% +9.06%
Median Price $273,217 $266,515 $275,048 $269,863 $271,320
Med Price Change +2.51% -3.20% +1.92% -0.54% +16.91%
Avg Bedrooms 1.93 beds 1.96 beds 1.86 beds 1.96 beds 1.96 beds
Avg Bathrooms 1.59 baths 1.67 baths 1.61 baths 1.62 baths 1.6 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 87 $367,738 191 days
Multi-Million Dollar Homes 5 $1,792,500 182 days
Newly Built Homes 18 $488,214 111 days
Homes with a Pool 2 $649,900 101 days
Reduced Price Homes 5 $662,178 77 days
Villegas Group
64 Division Ave S
Grand Rapids, MI 49503
616-920-0290

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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