Home prices
The median home in Richland costs $161,100. In comparison to other places in this area this is approximately $11,360 (7%) higher.Compared to the rest of the country it is roughly $56,400 (25%) lower, and is about $1,900 (1%) lower in comparison to the city of Philadelphia.
Rents
In Richland the median rent is $938 a month. This is about $81 (9%) higher compared to nearby areas.It is roughly $124 (11%) lower compared to the country as a whole, and is roughly $104 (9%) lower in comparison to the city of Philadelphia.
Nearby places
Stouchsburg
Stouchsburg is roughly 1 mile northeast from Richland. The housing prices there are a little less expensive. The price of the median home in Stouchsburg is $151,500, which works out to $9,600 (6%) lower than Richland. Rent there is a little less expensive. The median monthly rent in Stouchsburg is $835, which is $103 (12%) lower than Richland.
Newmanstown
Newmanstown is roughly 2 miles east from Richland. Housing prices there are fairly similar. The price of the median home in Newmanstown is $164,700, which comes out to $3,600 (2%) higher than Richland. Rent there is a bit less expensive. In Newmanstown the median rent is $779 a month, which is $159 (20%) lower than Richland.
Myerstown
Myerstown is roughly 2 miles northwest of Richland. The housing prices there are somewhat less expensive. The median home in Myerstown is valued at $140,100, which comes out to $21,000 (14%) lower than Richland. The rent there is a little less expensive. The median rent in Myerstown is $744 a month, which works out to $194 (26%) lower than Richland.
Womelsdorf
Womelsdorf is roughly 3 miles east from Richland. Its housing prices are a lot less expensive. The median home in Womelsdorf costs $119,900, which comes out to $41,200 (34%) lower than Richland. The rent there is somewhat more expensive. The median rent in Womelsdorf is $1,067 per month, which comes out to $129 (12%) higher than Richland.
Schaefferstown
Schaefferstown is roughly 4 miles south of Richland. The housing prices there are a little more expensive. The median home price in Schaefferstown is $172,500, which comes out to $11,400 (6%) higher than Richland. Its rents are a bit less expensive. Schaefferstown's median rent is $861 a month, which comes out to $77 (8%) lower than Richland.