The Richnor Springs housing market is somewhat competitive. The median sale price of a home in Richnor Springs was $90K last month, down 53.7% since last year.
What is the housing market like in Richnor Springs today?
In April 2024, Richnor Springs home prices were down 53.7% compared to last year, selling for a median price of $90K. On average, homes in Richnor Springs sell after 13 days on the market compared to 119 days last year. There were 3 homes sold in April this year, down from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$90,000
-53.7% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Richnor Springs, MD
$90,000
-53.7%
United States
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How hot is the Richnor Springs housing market?
Richnor Springs is somewhat competitive. Homes sell in 30 days.
0
100
61
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 3% above list price and go pending in around 30 days.
Hot homes
can sell for about 4% above list price and go pending in around 7 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Richnor Springs housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Richnor Springs.
Risk Factor
Flood Factor - Moderate
23% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Richnor Springs has a moderate risk of flooding. 67 properties in Richnor Springs are likely to be
severely affected
by flooding over the next 30 years. This represents 23% of all properties in Richnor Springs. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Richnor Springs has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Richnor Springs is most at risk from hurricanes. 381 properties in Richnor Springs have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 95 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Richnor Springs has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Richnor Springs have a Severe Heat Factor®.
Richnor Springs is expected to see a 114% increase in the number of days over 103ºF over the next 30 years. Richnor Springs is expected to experience 7