Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Richwood area can be challenging. Home prices in Richwood are now at a median cost of $275,645, lower than the New Jersey average of $388,929.
The average cost of rent is $1,553/mo in Richwood, primarily driven by the current value of real estate in the Richwood area. While nearly 29.11% of residents own their homes outright in Richwood, 10.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Richwood is $9,720 per month. Households that rent pay about 15.98% of their income on rent here. Richwood's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Pitman, NJ: less expensive homes
- Glassboro, NJ: less expensive homes
- Mullica Hill, NJ: higher priced homes
- Sewell, NJ: equally priced homes
- Mantua, NJ: less expensive homes
- Monroeville, NJ: equally priced homes
- Wenonah, NJ: less expensive homes
- Clayton, NJ: less expensive homes
- Lincoln, NJ: higher priced homes
- Mount Royal, NJ: equally priced homes
Cities with Similar Populations
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- Shades Glen, PA: less expensive homes
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- Lucky Ridge, TX: less expensive homes
- Lowndesville, SC: less expensive homes
- Lone Wolf, OK: less expensive homes
- London Mills, IL: less expensive homes
- Lombard, WI: less expensive homes
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