The median sale price of a home in Richland Terrace was $280K last month, up 12.3% since last year. The median sale price per square foot in Richland Terrace is $178, up 15.2% since last year.
What is the housing market like in Richland Terrace today?
In March 2024, Richland Terrace home prices were up 12.3% compared to last year, selling for a median price of $280K. On average, homes in Richland Terrace sell after 92 days on the market compared to 15 days last year. There were 3 homes sold in March this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$280,000
+12.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
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 Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Richland Terrace.
Risk Factor
Flood Factor - Moderate
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Richland Terrace has a moderate risk of flooding. 59 properties in Richland Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Richland Terrace. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Richland Terrace has a minor risk of wildfire. There are 1 properties in Richland Terrace that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Richland Terrace.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Richland Terrace has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Richland Terrace is most at risk from hurricanes. 582 properties in Richland Terrace 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 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 79 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Richland Terrace has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Richland Terrace have a Severe Heat Factor®.
Richland Terrace is expected to see a 214% increase in the number of days over 109ºF over the next 30 years. Richland Terrace is expected to experience 5