Richwood, WV Real Estate
According to census data in the year 2000 there were 1,198 housing units in Richwood.
This represents a 5.4% decline from 1,267 in 1990.
Of those housing units, 1,133 were located in either urbanized areas or urban clusters, and 65 were located in what is classified as a rural area.
Homeownership rate in Richwood is about 71.6%.
Richwood's vacancy rate, including seasonal lodging, is about 14.2%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in Richwood were built after 1945.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 7.30% |
| Two Bedrooms | 34.50% |
| Three Bedrooms | 41.50% |
| Four Bedrooms | 13.30% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $36,400 |
| Median Price asked for vacant units | $11,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $244 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3% |
| Home Equity Loan | 2.30% |
| Simple Mortgage | 31.70% |
| Debt Free | 63% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
