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Richmond, 48062 Real Estate Overview

Today, November 30, 2009

Avg. Listing Price $145,822 Wk ending Nov 25

-$1,498
-1.0%
w-o-w

Median Sales Price $103,000 Aug '09 - Oct '09

-$35,475
-25.6%
y-o-y

130	Homes For Sale	0	Open Homes
88	Recently Sold	30	Foreclosures

Average Listing Price

$145,822

-1%

w-o-w

Median Sales Price

$103,000

-25.6%

y-o-y

Average price/sqft

$62

+63.2%

y-o-y

Number of Sales

-4.8%

y-o-y

More 48062 Market Trends

Select chart to embed:

Most popular
zip codes

Avg. listing price
Week ending Nov 25

w-o-w

48047

$174,856

+0.4%

48310

$150,364

+0.3%

48044

$202,741

-1.4%

48313

$129,278

-0.7%

48312

$116,588

-0.6%

Movers & Shakers

Avg. listing price
Week ending Nov 25

w-o-w

48096

$230,512

-4.3%

48043

$92,032

+3.4%

48005

$275,392

-2.3%

48015

$65,961

+2.1%

48081

$158,535

+1.8%

View Macomb County Home Prices Map

The median sales price for homes in ZIP code 48062 in Richmond from Aug 09 to Oct 09 was $103,000 based on 40 sales. Compared to the same period one year ago, the median sales price decreased 25.6%, or $35,475, and the number of sales decreased 4.8%. Average price per square foot for homes in 48062 was $62, an increase of 63.2% compared to the same period last year.

There are currently 130 resale and new homes in ZIP code 48062 on Trulia, including 30 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 48062 was $145,822 for the week ending Nov 25, which represents a decrease of 1%, or $1,498, compared to the prior week.

DISTRICT

TYPE

GRADES

SCHOOLS

STUDENTS

Richmond Cmty School District

Public

K - 12

2,069

SCHOOL NAME

SCHOOL TYPE

GRADES

PARENT RATING

Richmond Middle School

Public

5 - 8

Will L Lee Elementary School

Public

K - 4

Richmond High School

Public

9 - 12

Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.

View all Richmond Schools

69053 Gard…

$111,900

2 br 2 ba

69029 Gard…

$110,900

2 br 2 ba

70292 Beebe…

$109,000

3 br 2 ½ ba

Richwood…

$390,000

35420 Ridge…

$129,900

3 br 1 ½ ba

67919 Pine…

$199,000

4 br 2 ½ ba

View all 48062 Homes for Sale

Cities

Median
sales price

Average
listing price

Memphis

$88,221

$114,255

Armada

$126,700

$275,392

Columbus

$36,000

$183,274

New Haven

$89,378

$133,312

Lenox

$61,900

$174,812

Ray

$113,356

$230,512

Local Spotlight

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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.

Homes for Sale includes resale and new homes on Trulia.

Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.

Open Homes refers to listings on Trulia with scheduled open house times.

Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.

Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.

About this Info Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website. Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price. Close

Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.

Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.

These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.

Richmond, 48062 Real Estate Overview

Market View for 48062

Market Trends for 48062

Home Prices for Macomb County

Richmond, 48062 Summary

Schools in Richmond

Community Info for Richmond

Homes for Sale in 48062

Recent Q&A in Richmond, MI

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Nearby Cities Real Estate

Nearby Cities Sold Homes

Nearby Cities Home Prices

48062 Stats & Trends

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About this Info Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report. Close