Zip 28574 (Richlands, NC) Housing

The housing market in Richlands, NC (zip code 28574) is thriving. The median value of houses in this area is $234,300 - significantly lower than the national median value of $338,100. Yet, in the past year Richlands has experienced a higher appreciation rate of 15.05%, compared to the US average of 8.27%. This indicates that houses in Richlands are increasing in value at a faster rate than many other areas across the country, making it an attractive location for potential homebuyers looking for good investment opportunities.

The median home cost in Richlands (zip 28574) is $234,300. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Richlands (zip 28574) is up 19.7%.

Average Age of Homes

- The median age of Richlands (zip 28574) real estate is 17 years old

The Rental Market in Richlands (zip 28574)

- Renters make up 28.8% of the Richlands (zip 28574) population
- 2.3% of houses and apartments in Richlands (zip 28574), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Richlands, North Carolina	United States
	8,037.0	139,647,020.0
	20	42
	$234,300	$338,100
	19.7%	16.6%
	63.5%	57.0%
	65.5%	101.1%
	$6.72	$10.98
	$1,069	$2,690
	59.1%	57.4%
	15.8%	11.2%
	25.1%	31.4%
Vacant Housing
	2.3%	1.9%
	0.9%	0.4%
	0.3%	0.7%
	0.1%	0.4%
	0.4%	3.6%
	11.7%	4.1%
Value of Owner-Occupied Housing
	5.3%	2.6%
	3.9%	2.4%
	1.8%	2.8%
	5.9%	3.9%
	4.0%	4.5%
	21.1%	11.3%
	39.3%	13.0%
	13.2%	20.1%
	2.3%	13.6%
	0.0%	8.3%
	3.0%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	28.3%	13.6%
	28.3%	13.6%
	15.7%	13.6%
	11.3%	13.2%
	6.2%	14.8%
	15.7%	13.6%
	4.5%	10.0%
	1.6%	4.7%
	2.7%	12.2%

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