The housing market in Richland (Richland County), WI is booming. The median value of homes in the area is currently $301,200, which is significantly lower than the US median value of $338,100. Despite the lower house prices, the 1 year house appreciation rate in Richland (Richland County) was 12.97%, higher than the US's average rate of 8.27%. This indicates that a large number of people are investing in this area due to its low house prices and attractive appreciation rate. With more investment, it can be expected that the housing market will continue to grow and increase in value over time.
The median home cost in Richland town (Richland County) is $301,200. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Richland town (Richland County) is up 15.0%.
Average Age of Homes
- The median age of Richland town (Richland County) real estate is 41 years old
The Rental Market in Richland town (Richland County)
- Renters make up 23.0% of the Richland town (Richland County) population
- 2.2% of houses and apartments in Richland town (Richland County), 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.