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Affordable
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These days, finding an affordable place to live in the Richwoods area can be challenging. Home prices in Richwoods are now at a median cost of $144,631, lower than the Missouri average of $246,641.
The average cost of rent is $853/mo in Richwoods, primarily driven by the current value of real estate in the Richwoods area. In Richwoods, 20.89% of households rent, and 58.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richwoods is $4,844 per month. Households that rent pay about 17.61% of their income on rent here. Richwoods’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fletcher, MO: higher priced homes
- Bliss, MO: higher priced homes
- Luebbering, MO: higher priced homes
- Cruise Mill, MO: higher priced homes
- Frumet, MO: higher priced homes
- Lonedell, MO: higher priced homes
- Racola, MO: higher priced homes
- Blackwell, MO: higher priced homes
- Pea Ridge, MO: higher priced homes
- Grubville, MO: higher priced homes
Cities with Similar Populations
- Potomac, IL: equally priced homes
- Newbury, VT: higher priced homes
- Oakland, OK: equally priced homes
- Offerman, GA: equally priced homes
- Paw Paw, WV: higher priced homes
- Pawnee City, NE: less expensive homes
- Pejepscot, ME: higher priced homes
- Philip, SD: higher priced homes
- Philo, CA: higher priced homes
- Pine Lake, GA: higher priced homes
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