Market Overview
Home Prices in Richwood, WV
The median home value in Richwood, WV is $79,238 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.8% compared to a year ago and down 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Richwood are priced81% below average.
Over the past five years, Richwood home values have risen by approximately12.4%, reflecting steady appreciation in this market.
Price History
Richwood Home Price Trend
2020
$50,376
$50K
—
2021
$70,483
$70K
+39.9%
2022
$82,418
$82K
+16.9%
2023
$78,882
$79K
-4.3%
2024
$88,995
$89K
+12.8%
2025
$83,243
$83K
-6.5%
2026
$79,238
$79K
-4.8%
City Comparison
Richwood vs. National Median
🏠 Richwood
$79,238
National Median
$410,000
At $79,238, homes in Richwood cost 81% below the national median of $410,000. This makes Richwood a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Richwood?
20% Down Payment
$15,848
on $79,238
Monthly P&I
$413/mo
30-yr @ 6.8%
Total Monthly Est.
~$525/mo
incl. taxes & insurance
Income Needed
$21,000
gross annual (30% rule)
10% Down Option
$7,924
+ PMI applies
Loan Amount (20% dn)
$63,390
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Richwood, WV?
The median home value in Richwood is $79,238 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.8% year-over-year.
How much have home prices changed in Richwood?
Over the past year, home values in Richwood have decreased by 4.8%. Over five years, prices have risen approximately 12.4%.
How much do I need to earn to buy a home in Richwood?
To comfortably afford the median home price of $79,238 with a 20% down payment ($15,848) at today's rates (6.8%), you'd need a gross annual income of approximately $21,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Richwood compare to the national average home price?
The national median home value is approximately $410,000. At $79,238, homes in Richwood are 81% below the national average.