The housing market in Richland, GA is quite affordable compared to the US median house value. The median value of a house in Richland, GA is $89,000 whereas the US median house value is $338,100. Similarly, the 1 year appreciation rate for houses in Richland and the US are 7.35% and 8.27%, respectively. This shows that there is an increasing demand for housing in this area which has resulted in a higher appreciation rate than the national average. Overall, it seems that Richland offers an excellent opportunity for potential buyers looking for an affordable home with good appreciation potential.
The median home cost in Richland is $89,000. Home appreciation the last 10 years has been 50.1%. Home Appreciation in Richland is up 12.8%.
Average Age of Homes
- The median age of Richland real estate is 46 years old
The Rental Market in Richland
- Renters make up 37.3% of the Richland population
- 0.0% of houses and apartments in Richland, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.