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Richlands, VA Real Estate


According to census data in the year 2000 there were 2,136 housing units in Richlands. This represents a 7.1% growth from 1,995 in 1990.

Of those housing units, 2,130 were located in either urbanized areas or urban clusters, and 6 were located in what is classified as a rural area.

Homeownership rate in Richlands is about 69.9%. Richlands's vacancy rate, including seasonal lodging, is about 11.9%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Richlands were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.30%
Two Bedrooms38.20%
Three Bedrooms45.60%
Four Bedrooms7.90%
Five Bedrooms or more2%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1962
Median Value of occupied units$63,100
Median Price asked for vacant units$35,800

Rented Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1976
Median Monthly Rent asked for vacant units$230

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.40%
Home Equity Loan1.50%
Simple Mortgage39.70%
Debt Free55.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%