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Land Foreclosures in Richlands, VA

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Richlands, VA Foreclosures

How much do homes sell for in Richlands, VA?
The average home price is currently $158,996.
What’s the average rental cost in Richlands, VA?
The average rental price in Richlands is $865.
What is the most expensive home in Richlands?
The most expensive home sold in Richlands had a price of $16,606,442.
What is currently the cheapest priced home in Richlands, VA?
The cheapest home for sale in Richlands is priced at $11,397.

Living in Richlands, VA

Richlands, VA is a picturesque town with a rich history, surrounded by the stunning Appalachian Mountains. It offers a peaceful lifestyle with a strong community spirit and plenty of recreational activities. Residents benefit from quality schools and a close-knit environment, making it perfect for families and retirees.

Current Market Conditions in Richlands, VA

The real estate market in Richlands is currently stable, with a mix of affordable homes and some higher-end properties. The demand for housing has remained consistent due to the picturesque scenery and community spirit, attracting both buyers and renters to the area.

Recent trends indicate a slight increase in home prices over the past year, driven by the limited inventory available on the market. Buyers are particularly drawn to the town for its quality of life and outdoor activities, which have become more appealing post-pandemic.

Home Value Estimator For Richlands, VA

There are currently 1,987 real estate properties in Richlands, VA, with a median automated valuation model (AVM) price of $117,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Richlands, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Richlands, VA, is $158,996.00, with the most expensive house in Richlands, VA, topping out at $16,606,442.00 and the cheapest home in Richlands, VA, clocking in at $11,397.00. In other words, there’s something for every potential homebuyer or savvy investor in Richlands, VA!

Rent Prices In Richlands, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Richlands, VA, is on a rollercoaster ride. The average rent price in Richlands, VA, is $865.00. Indeed, when looking to rent in Richlands, VA, you can expect to pay as little as $480.00 or as much as $2,200.00, with the average rent median estimated to be $820.00. The good news is that finding an affordable and desirable property to rent in Richlands, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Richlands, VA Land


Market Trend for Richlands, VA

Total Listings Available: 0

Market Values:

Home Prices from $11,397 to $16,606,442

Average Sales Price: $158,996

Rental Values:

Rental from $480 to $2,200

Average Rent Value: $865 / month

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