Rosewood Terrace condos
Closed-sale statistics for Rosewood Terrace, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $182,500
- Median days on market
- 15
- List-to-sale ratio
- 98.6%
- Median association fee
- $197/mo
7 closed sales, 2025-09-01 to 2026-09-01
What taxes actually become here
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $182,500, in Richmond Community School District at 39.90 homestead mills, the year-two bill is approximately $3,641 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
Before the mortgage, owning here runs about $500/month in taxes and association fees — the two lines portal estimates most often understate.
How Rosewood Terrace compares in Richmond
Of the 2 Richmond subdivisions and condo projects we publish statistics for, Rosewood Terrace's $182,500 median ranks 2 of 2 — 48% below the tracked-Richmond median of $349,488.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| West Richmond McCp | $516,475 | 6 | $10,303 |
| Rosewood Terrace | $182,500 | 7 | $3,641 |
Year-2 tax is the estimated post-uncapping homestead bill at each project's median price. Ranked by median closed price, 2025-09-01 to 2026-09-01.
For sale in Rosewood Terrace right now
Listing courtesy of Heritage Real EstateIDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-09-22T08:54-04:00; refreshed at least twice daily.
This is the median. Your number depends on the address.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
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Common questions
What is the median home price in Rosewood Terrace?
The median closed sale price in Rosewood Terrace (Richmond) is $182,500, from 7 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Rosewood Terrace?
At the median price, taxable value uncaps to roughly $91,250 and the year-two bill in Richmond Community School District is approximately $3,641 at homestead rates.
What are HOA fees in Rosewood Terrace?
The median association fee across recent sales is $197 per month.
How does Rosewood Terrace compare with other Richmond subdivisions?
Its $182,500 median ranks 2 of 2 Richmond projects we track — 48% below the tracked-city median of $349,488.
More context: Richmond · school district breakdowns · all calculators