New Listing
32
$128,500
4449 Cushing Ln
Richmond Heights, OH 44143
3 bd2 ba1,320 sqft$97/ft²
Condo
Angie Molitoris · Century 21 Homestar
View photos & details
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Richmond Heights, OH Housing Market
Seller's market+2.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Richmond Heights, OH is worth $247,741, rose 2.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $285,000, +14.0% year over year (through May 2026). With 2.1 months of supply and homes going under contract in about 50 days, Richmond Heights is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $247,741 home is about $1,323/mo in principal and interest.
Key numbers for Richmond Heights, OH
Typical home value
$247,741
+2.9% in 12 months
Zillow, August 2026
Median sale price
$285,000
+14.0% year over year
Redfin, through May 2026
Days on market
50
Average pace
Redfin, through May 2026
Active listings
17
2.1 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$56,734
Home costs 4.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.6%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Richmond Heights a buyer's or seller's market?
Seller's market2.1 months of supply50 days on market98.6% of asking
Richmond Heights, OH is a seller's market, based on 2.1 months of supply and homes selling in about 50 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Richmond Heights housing market data show?
Every row below is Redfin's final published month for Richmond Heights, OH. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $285,000 |
| Median list price | $269,000 |
| Year-over-year price change | +14.0% |
| Median price per sq ft | $161/sq ft |
| Median days on market | 50 days |
| Active inventory | 17 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 98.6% |
| Homes sold (that month) | 8 |
| New listings (that month) | 14 |
| Listings with a price cut | 23.5% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Richmond Heights is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Richmond Heights is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Richmond Heights home prices moved?
Over the last three years the median sale price in Richmond Heights, OH rose 19.0%, from $239,500 to $285,000. The live Zillow value series has rose 2.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 23.5% of Richmond Heights listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 2.1 months while the sale-to-list ratio slips below its current 98.6%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Richmond Heights?
Priced off the typical home value of $247,741 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $49,548 | $198,193 | $1,323/mo |
| 5% | $12,387 | $235,354 | $1,571/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,323, that implies roughly $56,682 a year before you add taxes and insurance. The median household in Richmond Heights earns $56,734, about $52 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.4x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Richmond Heights in the next 12 months?
Tell us your timeline. We send the Richmond Heights market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Richmond Heights?
Zillow does not publish a rent index (ZORI) for Richmond Heights, OH, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Richmond Heights?
Active listings in Richmond Heights, OH went from 23 in May 2025 to 17 in May 2026, a -26.1% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 19 | 4 |
| July 2025 | 30 | 22 |
| August 2025 | 31 | 17 |
| September 2025 | 27 | 13 |
| October 2025 | 23 | 6 |
| November 2025 | 17 | 9 |
| December 2025 | 15 | 1 |
| January 2026 | 13 | 4 |
| February 2026 | 13 | 5 |
| March 2026 | 12 | 7 |
| April 2026 | 16 | 10 |
| May 2026 | 17 | 14 |
Redfin, through May 2026
How does Richmond Heights compare to Ohio and the U.S.?
Richmond Heights homes sell for $285,000 — 1% above the Ohio median of $282,600. Against the national median of $410,700, Richmond Heights runs 31% lower. Year-over-year, Richmond Heights moved +14.0% against Ohio's +5.4% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Richmond Heights, OH | $285,000 | +14.0% | 50 days |
| Ohio statewide | $282,600 | +5.4% | 36 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Richmond Heights
What buyers should watch
- Months of supply, currently 2.1. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 23.5%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $248 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $247,741 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Richmond Heights listing goes under contract in 50 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.6% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Richmond Heights added 14 new listings against 8 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +2.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Richmond Heights varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Richmond Heights
There are currently 17 homes listed for sale in Richmond Heights, Ohio. The median listing price is $269K. Featured listings range from $128,500 to $409,900.
40
$159,000
289 Richmond Rd
Richmond Heights, OH 44143
3 bd2 ba1,468 sqft$108/ft²
House1.98 acres
Christina Coughlin · Russell Real Estate Services
View photos & details
13
$160,000
1807 Skyline Dr
Richmond Heights, OH 44143
3 bd2 ba1,344 sqft$119/ft²
House16,426 sqft lot
Maureen Wlodarczyk · Keller Williams Living
View photos & details
New Listing
30
$179,900
347 Royal Oak Blvd
Richmond Heights, OH 44143
3 bd3 ba1,851 sqft$97/ft²
House24,080 sqft lot
Mary Sams · Howard Hanna
View photos & details
44
$199,900
4824 Quarry Ln Unit 30
Richmond Heights, OH 44143
2 bd2 ba1,404 sqft$142/ft²
Condo44 sqft lot
Jessica Rasmussen · Howard Hanna
View photos & details
20
$209,900
5284 Wilson Mills Rd
Richmond Heights, OH 44143
3 bd1 ba2,364 sqft$89/ft²
House39,500 sqft lot
Christine Kreckal · Howard Hanna
View photos & details
28
$254,900
4876 Monticello Blvd
Richmond Heights, OH 44143
3 bd2 ba3,144 sqft$81/ft²
House20,761 sqft lot
Lashon Borom · HomeSmart Real Estate Momentum LLC
View photos & details
31
$299,900
127 Brush Rd
Richmond Heights, OH 44143
3 bd2 ba1,514 sqft$198/ft²
House16,400 sqft lot
Alex Severyn · Elite Sotheby's International Realty
View photos & details
New Listing
29
$300,000
774 Kenbridge Dr
Richmond Heights, OH 44143
3 bd3 ba2,696 sqft$111/ft²
House16,117 sqft lot
Rondell Ervin · Fairfellow Realty LLC
View photos & details
50
$310,000
5266 Wilson Mills Rd
Richmond Heights, OH 44143
4 bd3 ba3,074 sqft$101/ft²
House39,500 sqft lot
Theresa Seese · McDowell Homes Real Estate Services
View photos & details
Price Drop −$6K
46
$389,000
522 Catlin Dr
Richmond Heights, OH 44143
4 bd3 ba2,590 sqft$150/ft²
House10,877 sqft lot
David Gurary · Century 21 Homestar
View photos & details
Price Drop −$14K
48
$409,900
491 Tally Ho Ln
Richmond Heights, OH 44143
5 bd4 ba3,174 sqft$129/ft²
House15,751 sqft lot
Kristopher Kramer · Keller Williams Elevate
View photos & details
Looking to buy in Richmond Heights?
Get connected with a local real estate expert — free, no obligation.
Active listings
17
Homes on market
Median list price
$269K
Avg. days on market
50
Days until sale
New this week
14
Newly listed
Price drops:23.5%of listings
Sale-to-list:98.6%
How much do homes cost in Richmond Heights by property type?
How the Richmond Heights, OH market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $290,000 | $167/sq ft | 7 | 55 days |
| Condo / co-op | $147,500 | $109/sq ft | 1 | 1 days |
Who lives in Richmond Heights?
American Community Survey estimates for Richmond Heights. U.S. Census ACS, 2023
Population
10,677
Households
5,042
Median income
$56,734/yr
Median age
50.9 years
Owner-occupied
64.1%
Median home value
$176,100
Median gross rent
$933/mo
Mean commute
26.1 min
64.1% of occupied homes in Richmond Heights are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $176,100 against Zillow's $247,741 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Richmond Heights?
4 schools tracked · 960 students
The largest public schools serving Richmond Heights, 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.
Richmond Heights Elementary School
Grades PK-6 · 385 students
Richmond Heights High School
Grades 9-12 · 299 students
Flex High School Cleveland
Grades 9-12 · 156 students
Richmond Heights Middle School
Grades 7-8 · 120 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 Richmond Heights, OH?
Ordered by distance from Richmond Heights, not by size. Compare Richmond Heights side by side with any of them.
Which ZIP codes are in Richmond Heights?
These are the ZIP codes we see on active Richmond Heights listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Richmond Heights housing market FAQ
Is Richmond Heights a buyer's or seller's market?
Richmond Heights, OH is currently a seller's market. That read comes from 2.1 months of supply, homes going under contract in about 50 days, and sellers getting 98.6% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Richmond Heights?
The typical home in Richmond Heights, OH is worth $247,741 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $285,000, about $161 per square foot.
Is Richmond Heights cheaper than the rest of Ohio?
Richmond Heights's median sale price of $285,000 is 1% higher than the Ohio statewide median of $282,600, and 31% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Richmond Heights?
Homes in Richmond Heights, OH spent a median of 50 days on market before going under contract, versus 36 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Richmond Heights?
At the current 30-year fixed rate of 7.03%, 20% down on a $247,741 home is about $1,323 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $56,682 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $56,734.
Are home prices rising in Richmond Heights?
The typical home value in Richmond Heights, OH rose 2.9% over the last 12 months, from $240,800 to $247,741 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Richmond Heights?
Richmond Heights ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Richmond Heights?
That depends on your timeline, not on a headline. What the data says today: Richmond Heights, OH is a seller's market with 2.1 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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