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 $178,025, lower than the Texas average of $235,268.
The average cost of rent is $1,145/mo in Richwood, primarily driven by the current value of real estate in the Richwood area. While nearly 54.42% of residents own their homes outright in Richwood, 24.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Richwood is $6,901 per month. Households that rent pay about 16.60% of their income on rent here. Richwood's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
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- Freeport, TX: less expensive homes
- Angleton, TX: equally priced homes
- Perry Landing, TX: less expensive homes
- Baileys Prairie, TX: equally priced homes
- Jones Creek, TX: less expensive homes
Cities with Similar Populations
- Offutt AFB, NE: higher priced homes
- Oregon, IL: equally priced homes
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- Onsted, MI: higher priced homes
- Onalaska, TX: less expensive homes
- Ona, WV: equally priced homes
- Olympia Fields, IL: higher priced homes
- Olivet, MI: less expensive homes
- Old Bethpage, NY: higher priced homes
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