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Median Home Price in Richmond, MI

The median home value in Richmond, MI is $312,834 as of 2026-06-30, up 4.01% from a year earlier.

Median Home Value

$312,834

Year-over-Year

+4.01%

Population

5,820

Richmond ranks #52 of 149 Michigan cities tracked here by median home value, and sits 19.3% above the state's city median of $262,333. It sits in Macomb County, where the county-wide median is $274,889.

Crime in Richmond

Richmond police recorded a violent crime rate of 86 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 601 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Richmond

How much does a house cost in Richmond, MI?

The median home value in Richmond is $312,834. That's up 4.01% from a year earlier. That is about 19.3% above the typical county in Michigan.

Is Richmond expensive compared to the surrounding area?

Homes in Richmond are more expensive than Macomb County as a whole, where the median is $274,889 — a difference of about 13.8%.

Is Richmond a safe place to live?

Richmond police reported 86 violent crimes per 100,000 residents, covering a population of about 5,820. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.