Richwood, OH is a great place to buy a house. The median value of homes in Richwood is $206,300, which is significantly less than the national median value of $338,100. Moreover, the appreciation rate for houses in Richwood has been higher than the national average over the past year, at 16.98% compared to 8.27%. This makes it an attractive option for those looking for an affordable home with great potential for growth.
The median home cost in Richwood is $206,300. Home appreciation the last 10 years has been 89.4%. Home Appreciation in Richwood is up 16.5%.
Average Age of Homes
- The median age of Richwood real estate is 70 years old
The Rental Market in Richwood
- Renters make up 35.7% of the Richwood population
- 1.9% of houses and apartments in Richwood, 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.