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Richmond - Town vs. County Stats
Avg Price in Richmond: $254,000 / County Avg $234,400
Avg Taxes in Richmond: $3,300 / County Avg $2,600
Avg Sq. Ft. in Richmond: 1,844 / County Avg 1,784
Avg Price per/ft2 in Richmond: $138 / County Avg $131
Avg Walkscore in Richmond: 25 / County Avg 32
Avg Year Built in Richmond: 1963 / County Avg 1978
Avg Days on Website in Richmond: 85 / County Avg 76
Richmond Real Estate Market Health
Richmond is located in northeastern Macomb County. Its unique location between rural countryside to the north and the Detroit metro area to the south, makes it an ideal place for small-town living. The downtown area reflects turn-of-the-century charm, with an old city clock, Victorian style buildings, a variety of restaurants and good places for an afternoon of shopping.
Richmond was founded in 1835 by Erastus Beebe who, along with his family, came here with a group of men from Richmond, Ontario County, New York. Impressed with land situated along a ridge, Beebe purchased it, naming it Beebe’s Corners. That same year, two other communities, named Ridgeway and Cooperstown, were also formed. In 1838, the surrounding Township was named Richmond, for the New York community, by ex-New York resident Philip Cudworth, who later became the area’s postmaster in 1840. In 1879, Beebe’s Corners, along with Ridgeway and Cooperstown, incorporated under the name of "Richmond" as a village. The arrival of the Grand Trunk Railway in the 1850’s from Detroit along the eastern coastline helped assure the town’s economic survival, taking it into the 19th Century.