Richlands, VA Home Values & Market Trends
Real estate market trends reflect that there have been 74 transactions over the past year in Richlands. The median value for residential home transactions that occurred over the previous year is $105,279.07. The number of current listings in Richlands is 7, and the percentage of properties for sale in the city is 7.00%. Richlands, VA currently has 4 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 7 properties for sale.
Richlands, VA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 24641 | $ 318,389 $ 92/sqft |
Housing Market Summary for Richlands, VA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $95,900 | $102.4K | 6.81% |
| Median Sold Price | $98,892 | $102.4K | 3.58% |
| Homes For Sale | 7 | 6 | -14.29% |
| Homes Sold | 41 | 26 | -36.59% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Richlands, VA
Browse Homes in Richlands, VA
Richlands home values range from $10,530 to $1,211,348. The median estimated value of a home in Richlands is $105,279.07. The median list price of a home is 425,000, and the total count of properties in the city is 2,080.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Richlands, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Richlands, VA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Richlands, VA ranges from the highest value of $113,560 in 24641 to the lowest value of $113,560 in 24641. Bank owned homes and properties account for 0.05% of properties in Richlands, VA. There is 1 zips within Richlands, VA; 24641 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions24641 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Richlands, VA. Auction homes and other auction properties account for 0.14% of all properties in Richlands, VA. There is 1 zips within Richlands, VA; of that zips, the median estimated home value for homes going to auction ranges from $164,620 in 24641 to the lowest value of $101,356 in 24641.
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Guide for Richlands, VA
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