Richlands, NC is a great place to live for those looking for affordable housing. The median value of houses in this area is $223,200, which is significantly lower than the US house median value of $338,100. In the past year, Richlands has seen an impressive 15.05% appreciation rate in house values – much higher than the national 8.27%. This indicates that investing in housing in Richlands could be a wise decision and that there may be further appreciation potentials in the future.
The median home cost in Richlands is $223,200. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Richlands is up 19.7%.
Average Age of Homes
- The median age of Richlands real estate is 15 years old
The Rental Market in Richlands
- Renters make up 33.1% of the Richlands population
- 0.8% of houses and apartments in Richlands, 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.