Home prices
The median home in Richwood costs $48,600. Compared to the surrounding areas this is roughly $57,700 (54%) lower.In comparison to the entire nation it is roughly $168,900 (77%) lower, and compared to the city of Monroe is about $91,000 (65%) lower.
Rents
In Richwood the median monthly rent is $556. This is approximately $259 (31%) lower compared to other places in this area.In comparison to the US as a whole it is roughly $506 (47%) lower, and is approximately $146 (20%) lower compared to the city of Monroe.
Nearby places
Bawcomville
Bawcomville is about 5 miles west from Richwood. Real estate prices there are somewhat more expensive. The median home in Bawcomville costs $55,600, which comes out to $7,000 (12%) higher than Richwood. The rent there is a bit more expensive. In Bawcomville the median monthly rent is $690, which is $134 (19%) higher than Richwood.
Brownsville
Brownsville is roughly 5 miles northwest of Richwood. The housing prices there are a little more expensive. The cost of the median home in Brownsville is $66,200, which works out to $17,600 (26%) higher than Richwood. The rent there is a bit more expensive. The median monthly rent in Brownsville is $665, which is $109 (16%) higher than Richwood.
West Monroe
West Monroe is approximately 6 miles northwest of Richwood. Its real estate prices are substantially more expensive. West Monroe's median home value is $133,100, which is $84,500 (63%) higher than Richwood. Rents there are a bit more expensive. West Monroe's median monthly rent is $744, which works out to $188 (25%) higher than Richwood.
Lakeshore
Lakeshore is roughly 6 miles north from Richwood. The housing prices there are substantially more expensive. The median home in Lakeshore costs $123,200, which is $74,600 (60%) higher than Richwood. Rent there is significantly more expensive. Lakeshore's median monthly rent is $1,013, which is $457 (45%) higher than Richwood.
Claiborne
Claiborne is about 9 miles northwest from Richwood. Real estate prices there are substantially more expensive. The median home in Claiborne is valued at $153,400, which works out to $104,800 (68%) higher than Richwood. Rent there is significantly more expensive. In Claiborne the median monthly rent is $963, which works out to $407 (42%) higher than Richwood.
