Richlands, NC

Buyer's market-8.5% YoY

Housing market overview · Updated weekly

$306,000median sale price

Homes sold

4

Last 12 weeks

Days on market

32

Average pace

Active listings

36

9.0 months supply

Sale-to-list

99.8%

Below asking

The Richlands housing market is currently classified as a buyer's market with a median sale price of $306,000. Prices have fallen 8.5% compared to last year, with homes spending an average of 32 days on market, indicating 9.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Richlands

There are currently 36 homes listed for sale in Richlands, Nc. The median listing price is $273K.

Active listings

36

Homes on market

Median list price

$273K

Avg. days on market

32

Days until sale

New this week

4

Newly listed

Price drops:22.2%of listings
Sale-to-list:99.8%

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Frequently asked questions

What is the average home price in Richlands?

The median home sale price in Richlands is $306,000, down 8.5% from last year.

How long do homes stay on market in Richlands?

Homes typically spend 32 days on market before going under contract.

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

With 9.0 months of supply, Richlands is currently a buyer's market.

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