Much like nearby areas, it is a lot less expensive compared to the rest of the country. Compared to the city of Mobile, it is substantially less expensive.
Home prices
The median home in Richton is valued at $83,700. This is roughly $1,360 (1%) lower in comparison to its nearby areas.It is about $133,800 (61%) lower compared to the rest of the nation, and compared to the city of Mobile is approximately $39,900 (32%) lower.
Rents
The median monthly rent in Richton is $306. It is roughly $377 (55%) lower compared to the surrounding areas.It is roughly $756 (71%) lower compared to the rest of the nation, and is approximately $551 (64%) lower in comparison to the city of Mobile.
Nearby places
New Augusta
New Augusta is about 11 miles southwest from Richton. Its real estate prices are a little less expensive. The median home price in New Augusta is $79,400, which is $4,300 (5%) lower than Richton. The rent there is significantly more expensive. In New Augusta the median monthly rent is $457, which comes out to $151 (33%) higher than Richton.
Beaumont
Beaumont is roughly 13 miles south of Richton. Its real estate prices are a bit less expensive. The median home in Beaumont costs $70,900, which comes out to $12,800 (18%) lower than Richton. Rent there is substantially more expensive. In Beaumont the median rent is $510 a month, which comes out to $204 (40%) higher than Richton.
Petal
Petal is approximately 15 miles west of Richton. The housing prices there are substantially more expensive. Petal's median home price is $141,600, which works out to $57,900 (40%) higher than Richton. Rents there are substantially more expensive. The median rent in Petal is $884 per month, which works out to $578 (65%) higher than Richton.
Glendale
Glendale is about 19 miles west of Richton. Real estate prices there are a bit less expensive. The median home in Glendale costs $73,400, which comes out to $10,300 (14%) lower than Richton. Rent there is a lot more expensive. The median monthly rent in Glendale is $924, which is $618 (66%) higher than Richton.
McLain
McLain is approximately 19 miles south from Richton. The housing prices there are substantially less expensive. The median home in McLain is valued at $60,000, which works out to $23,700 (39%) lower than Richton. Its rents are a lot more expensive. In McLain the median rent is $642 per month, which works out to $336 (52%) higher than Richton.
