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Richmond

Richmond

Located in Macomb County

$300,002 Average Value
$193 Average Price per Sq Ft
24 Homes For Sale

Richmond's small-town charm attracts new residents

Richmond is a petite Michigan city where the community gathers for everything from big annual festivals to local high school sporting events. "A lot of people move here because they're looking for that small-town feeling," says Susan Foster, a Realtor and associate broker at Coldwell Banker Professionals who has lived in Richmond since the '80s. Farmlands and crop fields surround Richmond in every direction, and close access to Interstate 94 connects the area to a few large cities. Despite its size and population – having fewer than 7,000 people and less than 2 square miles of space – the little city has a big personality. "We have a vibrant community, and a lot is happening for such a small place," Foster says. "Whatever interests you, you can find right here in Richmond."

Festivals, theaters and community events are the main draw

Richmond Good Old Days Festival is a weekend-long event with a demolition derby, performances by local musicians, a fireworks show and two parades, among other events. The Richmond Area Historical and Genealogical Society has a replica village where residents can learn how to milk on a fake cow or pump gas at an old-fashioned station. Richmond Community Theater is in the First Congregation Church downtown, listed on the National Register of Historic Places. "There's also a fantastic senior center, a public pool and great parks," Foster says. "We have a nice supply of housing, but what the community offers is our main selling point." She also notes that the public library is very involved in the lives of residents.

Housing choices for growing families, vintage lovers and downsizers

Most of Richmond's housing is in traditional neighborhoods and subdivisions, with housing for different lifestyles. "We have a good collection of older homes, which people tend to like," Foster says. "There are also newer homes too, especially condos." The city's two condo developments have units ranging from $160,000 to $300,000. Foster explains that the smaller condos are popular amongst older, downsizing residents. Victorians, Cape Cods and workers' cottages, often from over a century ago, range from $200,000 to $280,000, while newer styles fetch a higher price. Split-level, Colonial Revival, new traditional and modern Craftsman homes are the largest and most expensive, with prices between $300,000 and $620,000.

Three schools share one campus and have community support

Richmond Community School District is rated a B-plus by Niche, and children begin learning at Will L. Lee Elementary School, rated A-minus. Richmond Middle School and Richmond High School are both rated B. All three schools share one campus, with the district's athletic fields between the buildings. "The high school's softball program is incredible. The team sends multiple girls to play in college each year," Foster says. "People come to support them at games even if they don't have any personal connection to the players."
St. Augustine and St. Peter's are religious elementary schools in the city with Catholic or Lutheran affiliations.

Outdoor fun in every season at the park and on the Macomb Orchard Trail

Beebe Street Memorial Park is nearly 40 acres large, with sports courts, a rentable pavilion and a public pool. The annual summer festival happens at the park, and two lighted, outdoor ice-skating rinks are built there in winter. Macomb Orchard Trail is a paved multi-use trail on what was once an active railroad track. The trail spans over 23 miles west through Michigan townships and counties, officially starting in Richmond.

Local restaurants nearby and national retailers a few miles south

Main Street has the city's collection of stores and restaurants, including some fast-food chains and some locally owned eateries. Ken's Country Kitchen is a classic diner specializing in breakfast platters, build-your-own omelets and sweet items like pancakes, crepes and waffles. Shopping plazas at the city's southeast corner have more restaurants and national retailers, including Kroger, farming suppliers and dollar stores. Department stores, more grocers, home improvement centers and shopping strips are 10 miles south on Gratiot Avenue in Chesterfield Township.

Interstate 94 and Gratiot Avenue connect Richmond to Detroit

Interstate 94 is a main interstate of central Eastern Michigan, not far east of Richmond. Gratiot Avenue is another nearby main road, which goes south to Detroit, 40 miles away. "Richmond is removed but is close enough to the city's sports arenas, fine dining, concerts and museums," Foster says. Detroit Metropolitan Wayne County Airport is about 60 miles south, and hospitals are northeast in Port Huron and southwest towards the southern end of Macomb County.

Heather Haggerty
Written By
Heather Haggerty

Interested in learning more about homes in this area? Reach out to Marissa Lee-Cavaliere, an experienced agent in this area.

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Richmond Housing Trends

Housing Trends

Median List Price
$334,950
Median Sale Price
$317,450
Median Single Family Sale Price
$348,000
Median Townhouse Sale Price
$180,000
Median 2 Bedroom Sale Price
$270,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
110
Median Home Sale Price YoY Change
11%
Average Price Per Sq Ft
$193

Area Facts

Number of Homes
1,614
Number of Homes for Sale
24
Median Year Built
1994
Months of Supply
2.60
Average Single Family Home Size Sq Ft
1,846
On par with the national average
1,926
Average Townhouse Size Sq Ft
1,034
Average 2 Bedroom Size Sq Ft
1,229
Median Lot Size Sq Ft
10,454

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Richmond Has More Owners

Demographics

Total Population
5,886
Median Age
43
Population under 18
22.6%
On par with the national average
23.8%
Population over 65
22.6%
On par with the national average
19.1%

Finances

Median Household Income
$66,979
Below the national average
$71,702
Average Household Income
$81,053

Education and Workforce

High School Graduates
88.8%
College Graduates
19.6%
Below the national average
34.1%
Advanced Degrees
6.9%
Below the national average
13.3%
% Population in Labor Force
62.4%

Weather

Annual Precipitation
35''
Average Winter Low Temperature
18°F
Average Summer High Temperature
82°F
Annual Snowfall
24''

Area Factors

Bikeable

Bike Score®®

53 / 100

Somewhat Walkable

Walk Score®®

55 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Richmond