c.1900 West Virginia Home For Sale on 2 Lots and Mountain Views $50K
OHU50K Notes $50,000
c.1900 West Virginia Home For Sale on 2 Lots and Mountain Views. This home has been lovingly updated. The 2 lots make it spacious and gives plenty of room for creative ideas.

Realtor Comments
Located within the city limits of Richwood, this 3-bedroom home with potential for a 4th bedroom sits on two lots and is just minutes from the beautiful Monongahela National Forest. The home has had several updates but still needs some finishing work. The bathroom is not completed, and the property will need to be connected to city sewer.
- 3 bed
- 1 bath
- 1,452 sqft
- 0.4 acre lot
- Build date 1900

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
63&65 E Walnut St, Richwood, WV 26261 $50,000
- Contact Realtor: Katie Boggs
- Google Map
- Niche



Pros
Very low housing prices
Homes in Richwood are extremely affordable compared with most of the U.S.
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Median home values can be around $40k–$70k depending on the property.
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Rent averages roughly $549/month.
This makes the town appealing for:
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retirees
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remote workers
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people looking for cheap rural property.
Beautiful outdoor environment
Richwood is surrounded by forests, rivers, and mountains.
Nearby outdoor attractions include:
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Monongahela National Forest
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Cranberry and Cherry Rivers
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Cranberry Glades and Summit Lake
These areas offer hiking, fishing, camping, and hunting opportunities.
Quiet small-town lifestyle
With a population around 2,000, the town has a slow pace of life and tight-knit community feel.
Benefits include:
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little traffic
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low noise
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friendly small-town culture.
Low overall cost of living
Richwood’s cost of living is well below the U.S. average, making everyday expenses cheaper than in most cities.
Access to recreation and tourism potential
The surrounding wilderness draws visitors interested in:
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outdoor sports
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mountain scenery
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wilderness tourism.
Some people move there specifically for the natural environment.
Cons
Weak job market
The biggest drawback is limited employment.
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Median household income around $28k–$27k, far below the U.S. average.
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Unemployment can exceed 10–17% depending on the estimate.
Most good-paying jobs are outside the town.
High poverty rates
Richwood has a poverty rate around 32.7%, far above the national average (~14%).
This reflects the long-term economic decline of many Appalachian towns.
Population decline
The population has been shrinking for years.
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Roughly 6–7% population decline in the past five years.
Population loss can mean:
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fewer businesses
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vacant buildings
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less investment.
Limited amenities
Because the town is so small, it has limited:
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restaurants
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shopping
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healthcare services
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entertainment options.
Residents often drive to larger towns like Summersville for more services.
Some crime concerns
Crime statistics vary by neighborhood, but the town receives a C- safety rating and ranks safer than only about 37% of U.S. cities.

















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