Richwood, LA housing market
No new homes were permitted in 2025.
Home values, sales, trends and how Richwood compares with the towns next door — updated as new data is published.
No new homes permitted in 2025
No permits for new homes were issued in Richwood in 2025. The last year with any was 2018 (1 new home).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Richwood gained 489 residents while 72 new homes were permitted: about 6.8 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Louisiana: 0.9 new residents per new home.
How Richwood ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 1 | 1 | 0 | $280,000 |
| 2017 | 1 | 1 | 0 | $75,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 24 | 24 | 0 | $4.7 million |
| 2014 | 46 | 0 | 46 | $4.6 million |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 2 | 0 | 2 | $50,000 |
| 2007 | 2 | 0 | 2 | $50,000 |
| 2006 | 2 | 0 | 2 | $50,000 |
| 2005 | 2 | 0 | 2 | $50,000 |
| 2004 | 1 | 1 | 0 | $50,000 |
| 2003 | 1 | 1 | 0 | $50,000 |
| 2002 | 1 | 1 | 0 | $50,000 |
| 2001 | 4 | 0 | 4 | $60,000 |
| 2000 | 4 | 0 | 4 | $60,000 |
Richwood's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
How Richwood ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Richwood and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Richwood | — | — | $930 | 0 | $31,680 |
| Monroe | $156K | +2.3% | $1,030 | 18 | $40,505 |
1.7 years of income
The typical Richwood home costs about 1.7 years of the town's median household income, less than across Louisiana (3.6 years).
How Richwood ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $930
HUD's Fair Market Rent for a two-bedroom in Richwood is $930 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Richwood pay a median of $978. A two-bedroom takes about 35% of the town's median household income, above the 30% guideline for affordable housing.
Studio $690 · 4 bedrooms $1,230
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (71202; Monroe, LA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.