Richfield, NC is an area with great housing opportunities. The median value of homes in the area is $272,600, which is lower than the US House Median Value of $338,100. Furthermore, the rate of appreciation year over year for Richfield homes is 18.96%, significantly higher than the national rate at 8.27%. This makes Richfield a great place to invest in real estate and a desirable location for potential buyers.
The median home cost in Richfield is $272,600. Home appreciation the last 10 years has been 120.1%. Home Appreciation in Richfield is up 25.0%.
Average Age of Homes
- The median age of Richfield real estate is 49 years old
The Rental Market in Richfield
- Renters make up 26.4% of the Richfield population
- 0.0% of houses and apartments in Richfield, 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.