Home prices
The price of the median home in Richlands is $84,600. In comparison to the surrounding areas it is about $5,140 (5%) lower.It is approximately $132,900 (61%) lower in comparison to the nation as a whole, and it is about $82,900 (49%) lower in comparison to the city of Johnson City.
Rents
In Richlands the median rent is $666 per month. Compared to its nearby areas it is roughly $81 (13%) higher.In comparison to the nation as a whole it is approximately $396 (37%) lower, and in comparison to the city of Johnson City is approximately $89 (11%) lower.
Nearby places
Cedar Bluff
Cedar Bluff is Richlands's neighbor to the east. Its housing prices are a little more expensive. The median home in Cedar Bluff is valued at $111,000, which comes out to $26,400 (23%) higher than Richlands. Rent there is pretty similar. Cedar Bluff's median rent is $642 per month, which works out to $24 (3%) lower than Richlands.
Raven
Raven is Richlands's neighbor to the west. Its real estate prices are a bit less expensive. The median home in Raven is valued at $64,600, which comes out to $20,000 (30%) lower than Richlands. The rent there is a little less expensive. Raven's median rent is $575 per month, which is $91 (15%) lower than Richlands.
Honaker
Honaker is roughly 9 miles southwest from Richlands. Its real estate prices are somewhat less expensive. The median home cost in Honaker is $71,900, which comes out to $12,700 (17%) lower than Richlands. The rent there is somewhat less expensive. In Honaker the median rent is $553 per month, which is $113 (20%) lower than Richlands.
Tazewell
Tazewell is about 14 miles east of Richlands. Real estate prices there are a little more expensive. The median home in Tazewell is valued at $119,400, which works out to $34,800 (29%) higher than Richlands. Rents there are similar. The median rent in Tazewell is $647 a month, which comes out to $19 (2%) lower than Richlands.
Saltville
Saltville is roughly 15 miles south of Richlands. The real estate prices there are similar. Saltville's median home cost is $81,800, which comes out to $2,800 (3%) lower than Richlands. The rent there is a little less expensive. Saltville's median monthly rent is $506, which is $160 (31%) lower than Richlands.
