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Featured local agent — Richwood, OH
Sarah Mitchell
Compass Real Estate · Richwood, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Richwood, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$226,500median sale price
How is the Richwood, OH housing market right now?
The median home sale price in Richwood, OH is $226,500, up 27.3% year-over-year. Homes sell in an average of 45 days with 11 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Richwood a buyer's or seller's market?
Richwood, OH is currently a seller's market, based on 2.2 months of supply and homes selling in about 45 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
45
Average pace
Active listings
11
2.2 months supply
Sale-to-list
100.1%
Above asking
What does the Richwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $226,500 |
| Median list price | $245,000 |
| Year-over-year price change | +27.3% |
| Average days on market | 45 days |
| Active inventory | 11 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 100.1% |
| Median price per sq ft | $214/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 2 |
| Listings with a price cut | 27.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Richwood by property type?
How the Richwood, 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 | $226,500 | $214/sq ft | 5 | 45 days |
| Condo / Co-op | $68,000 | $81/sq ft | 1 | 29 days |
Source: Redfin · Updated monthly
The Richwood housing market is currently classified as a seller's market with a median sale price of $226,500. Prices have risen 27.3% compared to last year, with homes spending an average of 45 days on market, indicating 2.2 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 5.0x provides context for how home values compare to local earning capacity.
Homes for sale in Richwood
There are currently 11 homes listed for sale in Richwood, Ohio. The median listing price is $245K.
Active listings
11
Homes on market
Median list price
$245K
Avg. days on market
45
Days until sale
New this week
2
Newly listed
Who lives in Richwood?
Population
2,303
Median income
$52,422/yr
Median age
39 years
Owner-occupied
65.6%
College grads
7.3%
Avg commute
29.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Richwood?
Zillow home value
$262,271
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Richwood?
Richwood is a community of approximately 2K residents with a median age of 39 years.The median household income is $52,422, which represents a working-class community with solid middle-income opportunities. 7.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 65.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Richwood offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Richwood?
3 schools tracked · 1,388 students
The largest public schools serving Richwood, 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.
North Union Elementary School
Grades PK-5 · 648 students
North Union High School
Grades 9-12 · 384 students
North Union Middle School
Grades 6-8 · 356 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 Richwood, OH?
Want a head-to-head view? Compare Richwood side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Richwood?
The median home sale price in Richwood is $226,500, up 27.3% from last year.
How long do homes stay on market in Richwood?
Homes typically spend 45 days on market before going under contract.
What is the median income in Richwood?
The median household income is $52,422 per year.
Is Richwood a buyer's or seller's market?
With 2.2 months of supply, Richwood is currently a seller's market.
What is the Zillow home value estimate for Richwood?
The Zillow Home Value Index (ZHVI) for Richwood is $262,271, representing the typical home value in the area.
What is the median condo price in Richwood?
The median condo/co-op sale price in Richwood, OH is $68,000, compared to $226,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Richwood?
The median single-family home price in Richwood, OH is $226,500 (about $214 per square foot).
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