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Featured local agent — Richwood, LA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Richwood, LA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Richwood, LA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Richwood, LA Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$245,000median sale price

How is the Richwood, LA housing market right now?

The median home sale price in Richwood, LA is $245,000. Homes sell in an average of 4 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of November 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Richwood a buyer's or seller's market?

Balanced market4 avg. days on market

Richwood, LA is currently a balanced market and homes selling in about 4 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

4

Fast-moving

Active listings

Sale-to-list

100.0%

Above asking

What does the Richwood housing market data show?

Current housing market statistics for Richwood, LA
MetricValue
Median sale price$245,000
Average days on market4 days
Sale-to-list price ratio100.0%
Median price per sq ft$142/sq ft
Homes sold (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Richwood by property type?

How the Richwood, LA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Richwood, LA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$245,000$142/sq ft14 days

Source: Redfin · Updated monthly

The Richwood housing market is currently classified as a balanced market with a median sale price of $245,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 4 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Richwood

Explore homes currently listed for sale in Richwood, Louisiana across major real estate platforms.

Sale-to-list:100.0%

Who lives in Richwood?

Population

3,840

Median income

$31,386/yr

Median age

36.8 years

Owner-occupied

29.6%

College grads

6.3%

Avg commute

22.8 min

Source: U.S. Census Bureau ACS

What is it like to live in Richwood?

Richwood is a community of approximately 4K residents with a median age of 36.8 years.The median household income is $31,386, which represents a working-class community with solid middle-income opportunities. 6.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 29.6%, showing a blend of owner and renter-occupied properties. The average commute time is 22.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Richwood offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Richwood, LA?

Want a head-to-head view? Compare Richwood side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Richwood?

The median home sale price in Richwood is $245,000, down 0.0% from last year.

How long do homes stay on market in Richwood?

Homes typically spend 4 days on market before going under contract.

What is the median income in Richwood?

The median household income is $31,386 per year.

How much does a single-family home cost in Richwood?

The median single-family home price in Richwood, LA is $245,000 (about $142 per square foot).

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