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Median Home Price in Richlands, VA

The median home value in Richlands, VA is $111,683 as of 2026-07-31, down 1.26% from a year earlier.

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Median Home Value

$111,683

Year-over-Year

-1.26%

Population

5,037

Richlands ranks #62 of 62 Virginia cities tracked here by median home value, and sits 66.3% below the state's city median of $331,461. It sits in Tazewell County, where the county-wide median is $144,119.

Housing affordability in Richlands

Median household income in Richlands is $37,154, so the typical home value is about 3.0× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Richlands

Richlands police recorded a violent crime rate of 397 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 1,251 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Richlands

What is the average home price in Richlands, VA?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Richlands, that value is $111,683. That's down 1.26% from a year earlier. It is about 66.3% below the typical Virginia city tracked here.

Is Richlands expensive compared to the surrounding area?

Homes in Richlands are cheaper than Tazewell County as a whole, where the median is $144,119 — a difference of about 22.5%.

Is Richlands affordable?

Median household income here is $37,154, so the typical home value is about 3.0× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Richlands a safe place to live?

Richlands police reported 397 violent crimes per 100,000 residents, covering a population of about 5,037. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in VA

Danville · South Boston · Big Stone Gap · Martinsville