Housing market · ZIP 48062

Richmond, MI Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$308,098

3-month+0.7%

6-month+2.7%

12-month+4.7%

Touse 12-month forecast

+1.1%

Projected median near $311,574 over the next 12 months

As of April 2026, the median home value in Richmond, MI (ZIP 48062) is $308,098. Prices are stable, up 4.7% over the past year. Touse's model projects a +1.1% change over the next 12 months, putting the median near $311,574.

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Nearby areas in Macomb

Armada 48005 Center Line 48015 Eastpointe 48021 Fraser 48026 Clinton Township 48035 Clinton Township 48036 Clinton Township 48038 Macomb 48042

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.