City

RICHMOND, MI

Detroit-Warren-Dearborn, MI

Median home value: $294K (+4.4% YoY). Part of Detroit-Warren-Dearborn, MI.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Detroit-Warren-Dearborn, MI metro page.

Home Value$293,794
+4.4%
AFFORDABILITY

Enter your income for Richmond.

$58,759 on $293,794
Stretch — 30.7% of income

Above 28% but manageable with cuts.

PITI$1,920
P/I30.7%
Afford$268K
Gap-$26K
P&I $1,409Tax $377Ins $133
6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Richmond Housing Market | CrashWatch