Housing Prices in Richlands, VA

How much do homes in Richlands, VA cost?

Median List Price

$235,000

$160/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$24,000(-9.3%)

Key Takeaway

The list price of homes in Richlands has decreased by 9.3% since last year.

Summary: The median home list price in Richlands was $235,000 in October 2024, down 9.3% from the previous year, and the median price per square foot was $160.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $259K$235K
-9.3%
3 $139.9K$149.9K
+7.1%
4 --
N/A
5+ $1.0M$1.0M
0.0%

Summary: Richlands housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Richlands
-9.3%
Northwestern
-11.2%

Housing Supply in Richlands, VA

How many homes are available in Richlands, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
21-50.0%

Summary: The Richlands real estate market had 1 homes for sale in October 2024, a 50.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Richlands housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Richlands, VA

How long does it take to sell a home in Richlands, VA?

Average Listing Age

Oct 2023Oct 2024CHANGE
99 Days25 Days-74.8%

Summary: Homes in Richlands had an average listing age of 25 days in Oct 2024, down by 74.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Richlands, VA

Nearby Markets to Richlands, VA