Above, you'll find an overview of the real estate market in Richmond, MI. Generally, real estate in the Richmond, MI area is less affordable in Michigan, as the median price of a home in Richmond, MI is $133,800, which is 5% higher than the Michigan average. The median rental price in Richmond, MI is $623. This is 22% lower than the average rental price in Michigan. Home owners comprise 70.8% of the population of Richmond, MI, where an average of 2.3 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Richmond, MI. Below, you can search for real estate listings in Richmond, MI using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.