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Featured local agent — Richfield, OH
Sarah Mitchell
Compass Real Estate · Richfield, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Richfield, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$933,000median sale price
How is the Richfield, OH housing market right now?
The median home sale price in Richfield, OH is $933,000, up 37.2% year-over-year. Homes sell in an average of 5 days with 7 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Richfield a buyer's or seller's market?
Richfield, OH is currently a strong seller's market, based on 1.2 months of supply and homes selling in about 5 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
5
Fast-moving
Active listings
7
1.2 months supply
Sale-to-list
105.8%
Above asking
What does the Richfield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $933,000 |
| Median list price | $374,500 |
| Year-over-year price change | +37.2% |
| Average days on market | 5 days |
| Active inventory | 7 listings |
| Months of supply | 1.2 months |
| Sale-to-list price ratio | 105.8% |
| Median price per sq ft | $245/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 4 |
| Listings with a price cut | 42.9% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Richfield by property type?
How the Richfield, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $935,000 | $253/sq ft | 5 | 6 days |
| Condo / Co-op | $350,000 | $236/sq ft | 1 | 3 days |
Source: Redfin · Updated monthly
The Richfield housing market is currently classified as a strong seller's market with a median sale price of $933,000. Prices have risen 37.2% compared to last year, with homes spending an average of 5 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.5x provides context for how home values compare to local earning capacity.
Homes for sale in Richfield
There are currently 7 homes listed for sale in Richfield, Ohio. The median listing price is $375K.
Active listings
7
Homes on market
Median list price
$375K
Avg. days on market
5
Days until sale
New this week
4
Newly listed
Who lives in Richfield?
Population
3,711
Median income
$78,426/yr
Median age
55.6 years
Owner-occupied
90.9%
College grads
45.7%
Avg commute
23.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Richfield?
Zillow home value
$509,272
Price-to-income
6.5x
Source: Zillow Research
What is it like to live in Richfield?
Richfield is a community of approximately 4K residents with a median age of 55.6 years.The median household income is $78,426, which reflects a relatively affluent area with strong earning potential. 45.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 90.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Richfield offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Richfield?
2 schools tracked · 1,610 students
The largest public schools serving Richfield, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Revere High School
Grades 8-12 · 922 students
Richfield Elementary School
Grades PK-2 · 688 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Richfield, OH?
Want a head-to-head view? Compare Richfield side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Richfield?
The median home sale price in Richfield is $933,000, up 37.2% from last year.
How long do homes stay on market in Richfield?
Homes typically spend 5 days on market before going under contract.
What is the median income in Richfield?
The median household income is $78,426 per year.
Is Richfield a buyer's or seller's market?
With 1.2 months of supply, Richfield is currently a strong seller's market.
What is the Zillow home value estimate for Richfield?
The Zillow Home Value Index (ZHVI) for Richfield is $509,272, representing the typical home value in the area.
What is the median condo price in Richfield?
The median condo/co-op sale price in Richfield, OH is $350,000, compared to $935,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Richfield?
The median single-family home price in Richfield, OH is $935,000 (about $253 per square foot).
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