The Richwood housing market is somewhat competitive. The median sale price of a home in Richwood was $267K last month, down 2.8% since last year. The median sale price per square foot in Richwood is $127, up 1.6% since last year.
What is the housing market like in Richwood today?
In October 2024, Richwood home prices were down 2.8% compared to last year, selling for a median price of $267K. On average, homes in Richwood sell after 35 days on the market compared to 36 days last year. There were 20 homes sold in October this year, up from 19 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$267,200
-2.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Richwood, TN
$267,200
-2.8%
United States
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How hot is the Richwood housing market?
Richwood is somewhat competitive. Homes sell in 35 days.
0
100
65
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 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 35 days.
Hot homes
can sell for around list price and go pending in around 11 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 Richwood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Richwood.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Richwood has a minor risk of flooding. 172 properties in Richwood are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Richwood. Flood risk is increasing slower than the national average.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
Richwood has a moderate risk of wildfire. There are 243 properties in Richwood that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in Richwood.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Richwood has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Richwood is most at risk from hurricanes. 3,907 properties in Richwood 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 73 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 78 mph.