The Richland housing market is somewhat competitive. The median sale price of a home in Richland was $1.4M last month, up 68.7% since last year. The median sale price per square foot in Richland is $556, up 60.2% since last year.
What is the housing market like in Richland today?
In March 2024, Richland home prices were up 68.7% compared to last year, selling for a median price of $1.4M. On average, homes in Richland sell after 103 days on the market compared to 28 days last year. There were 8 homes sold in March this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,425,000
+68.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Richland, TN
$1,425,000
+68.7%
United States
To compare other locations to the Richland and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Nashville add value to a home.
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How hot is the Richland housing market?
Richland is somewhat competitive. Homes sell in 95.5 days.
0
100
31
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% below list price and go pending in around 96 days.
Hot homes
can sell for around list price and go pending in around 35 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 Richland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Richland.
Risk Factor
Flood Factor - Moderate
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Richland has a moderate risk of flooding. 27 properties in Richland are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Richland. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Richland has a minor risk of wildfire. There are 15 properties in Richland that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Richland.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Richland has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Richland is most at risk from hurricanes. 555 properties in Richland 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 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 72 mph.