Home prices
The median home in Richland is valued at $131,100. Compared to its nearby areas it is roughly $26,920 (17%) lower.In comparison to the entire nation it is about $86,400 (39%) lower, and compared to the city of Jackson it is roughly $40,400 (44%) higher.
Rents
Richland's median monthly rent is $961. This is approximately $61 (5%) lower in comparison to nearby areas.It is about $101 (9%) lower in comparison to the United States as a whole, and in comparison to the city of Jackson it is about $114 (13%) higher.
Nearby places
Pearl
Pearl is Richland's neighbor to the northeast. Its housing prices are somewhat less expensive. The median home in Pearl is valued at $120,700, which works out to $10,400 (8%) lower than Richland. Rent there is somewhat less expensive. In Pearl the median rent is $881 per month, which works out to $80 (9%) lower than Richland.
Florence
Florence is Richland's neighbor to the south. Real estate prices there are a little more expensive. The median home in Florence costs $158,300, which works out to $27,200 (17%) higher than Richland. Its rents are fairly similar. In Florence the median monthly rent is $971, which works out to $10 (1%) higher than Richland.
Flowood
Flowood is Richland's neighbor to the northeast. The real estate prices there are a bit more expensive. The median home value in Flowood is $187,500, which works out to $56,400 (30%) higher than Richland. Its rents are a little more expensive. In Flowood the median rent is $1,147 per month, which comes out to $186 (16%) higher than Richland.
Byram
Byram is about 7 miles southwest of Richland. Real estate prices there are a little more expensive. Byram's median home price is $141,700, which comes out to $10,600 (7%) higher than Richland. Rent there is somewhat more expensive. The median rent in Byram is $1,128 per month, which is $167 (14%) higher than Richland.
Brandon
Brandon is about 9 miles east of Richland. The real estate prices there are somewhat more expensive. Brandon's median home cost is $181,900, which comes out to $50,800 (27%) higher than Richland. Rents there are fairly similar. The median monthly rent in Brandon is $982, which works out to $21 (2%) higher than Richland.