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Richlands, VA
Full City Profile · Virginia · Tazewell County County
2.8
/5.0
C+
Fair
5,188
Population
918/sq mi density
$37,382
Median Income
$26,872 per capita
$107,300
Home Value
$104,635 Zillow
$824
Median Rent
31.3% income on rent
53°F
Avg Temperature
305 sunny days/yr
308
Violent Crime/100K
1,924 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$37,382 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$107,300 home value, $824/mo rent
F
Safety
1.0 / 5.0
308 violent crimes/100K
C
Education
2.2 / 5.0
14.8% bachelor's degree or higher
Housing Overview
Median Home Value
$107,300
62% below
US avg: $281,900
Median Rent
$824/mo
29% below
US avg: $1,163/mo
Homeownership Rate
65.6%
0% below US avg (65.4%)
Total Housing Units
2,836
Median year built: 1972
Home Value by Source
Census Median
$107,300
Zillow (ZHVI)
$104,635
Median Sale Price
$105,000
Median List Price
$248,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.6%
Owner-Occupied
34.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent:
$824/mo
Market Indicators (Redfin)
Median Days on Market
64 days
Sale-to-List Ratio
0.8%
Buyers market
Homes Sold
4
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$90
Active Inventory
20
homes for sale
Affordability & Housing Stock
Rent Burden
31.3%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
65.6%
Complete Housing Data
Home Values
| Census Median Value | $107,300 |
| Zillow Home Value (ZHVI) | $104,635 |
| Median Sale Price | $105,000 |
| Median List Price | $248,950 |
| Price Per Sq Ft | $90 |
Rent
| Census Median Rent | $824 |
| FMR Studio | $1,137 |
| FMR 1-Bedroom | $1,181 |
| FMR 2-Bedroom | $1,369 |
| FMR 3-Bedroom | $1,787 |
| FMR 4-Bedroom | $2,126 |
Market
| Days on Market | 64 |
| Sale-to-List Ratio | 0.8% |
| Price Drops | 25.0% |
| Homes Sold | 4 |
| Active Inventory | 20 |
| Price Per Sq Ft | $90 |
Ownership & Stock
| Owner-Occupied | 65.6% |
| Renter-Occupied | 34.4% |
| Homeownership Rate | 65.6% |
| Total Housing Units | 2,836 |
| Median Year Built | 1972 |
| Rent Burden | 31.3% |