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Housing in Richland

A typical Richland home is worth roughly $377,000

Home prices around Richland have risen about 81% over the past 5 years.

Typical home value
$377K
▲ 25.4% in a year · WI $340K
Estimate
2-bedroom rent
$970
a month, utilities in · HUD
Median tax bill
$3,371
WI $3,792

What kind of housing town is Richland?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Price trend

Home prices up 81% in 5 years

The federal house price index for the ZIP code around Richland rose 81% over the past 5 years, faster than across Wisconsin (57%). Last year prices rose 25%. Carrying the Census median home value forward with that index puts the typical Richland home at roughly $377,000 today.

Richland areaWisconsin
0%+50%+100%+150%+200%200020052010201520202025
+25%
past year
+81%
past 5 years
+115%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $377K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Richland, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

The homes

89% of Richland households own their home

Half of Richland’s homes were built before 1979.

Owners and renters
Own 89%Rent 11%

Wisconsin: 68% own.

1979
typical home built · WI 1975
$3,371
median property tax bill · WI $3,792
1.28%
of a home’s value, a year in tax · WI 1.42%
2%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Affordability

A typical home costs 4 years of income

Less than across Wisconsin (4.4 years). Try your own numbers below.

You could afford about
$348,000
Typical Richland home $377K

That’s $29K short of a typical Richland home.

The typical home, each month
$2,380
Loan $1,870Tax $400Insurance $110

A two-bedroom rents for about $970 a month here, $1,410 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Richland’s typical property tax (1.28% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $970

Renters already here pay a median of $1,298.

Fair Market Rent a month, utilities included

Studio$670
1 bedroom$820
2 bedrooms$970
3 bedrooms$1,170
4 bedrooms$1,460
11%
of households rent · WI 32%
46
renter households
33%
of renters spend 30%+ of income on rent · WI 44%
12%
of the median income, for a two-bedroom
$1,298
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Richland County, WI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Richland vs. its neighbors

Richland is the priciest of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Richland$377K*+25.4%†$970—$94,167
Dayton$242K*+25.4%†$970—$60,625
Richland Center$198K+10.6%$9707$51,932
Ithaca$229K*+25.3%†$1,0103$96,080
Orion—+22%†$970—$73,500
Rockbridge$277K*+25.4%†$9703$71,875

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Richland buyers, sellers and renters are saying.

Town Square →
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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. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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