Home prices
The median home in Richwood is valued at $41,200. This is roughly $39,160 (48%) lower compared to its surrounding areas.It is about $176,300 (81%) lower in comparison to the rest of the nation, and it is approximately $93,900 (69%) lower compared to the city of Roanoke.
Rents
In Richwood the median monthly rent is $549. Compared to the surrounding areas it is about $79 (16%) higher.Compared to the rest of the nation it is approximately $513 (48%) lower, and compared to the city of Roanoke is approximately $265 (32%) lower.
Nearby places
Craigsville
Craigsville is roughly 8 miles northwest of Richwood. Its housing prices are significantly more expensive. The median home in Craigsville costs $68,400, which comes out to $27,200 (39%) higher than Richwood. The rent there is somewhat less expensive. The median rent in Craigsville is $436 per month, which is $113 (25%) lower than Richwood.
Cowen
Cowen is about 13 miles north from Richwood. Real estate prices there are a bit more expensive. The price of the median home in Cowen is $55,800, which comes out to $14,600 (26%) higher than Richwood. The rent there is a little less expensive. Cowen's median monthly rent is $474, which works out to $75 (15%) lower than Richwood.
Summersville
Summersville is about 15 miles west from Richwood. The real estate prices there are substantially more expensive. Summersville's median home cost is $140,400, which works out to $99,200 (70%) higher than Richwood. Rent there is significantly less expensive. The median rent in Summersville is $372 per month, which works out to $177 (47%) lower than Richwood.
Rupert
Rupert is roughly 19 miles south from Richwood. Its housing prices are a lot more expensive. The cost of the median home in Rupert is $77,800, which comes out to $36,600 (47%) higher than Richwood. Rents there are pretty similar. Rupert's median rent is $535 a month, which comes out to $14 (2%) lower than Richwood.
Rainelle
Rainelle is about 20 miles southwest from Richwood. Real estate prices there are a little more expensive. The median home in Rainelle is valued at $59,400, which works out to $18,200 (30%) higher than Richwood. The rent there is similar. In Rainelle the median monthly rent is $535, which works out to $14 (2%) lower than Richwood.
