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US 20 wb in hamlet of Brighton Corners, NY, July 2023Photo: Mr. Matté (if there is an issue with this image, contact me using this image's Commons talk page, my Commons user talk page, or my English Wikipedia user talk page; I'll know about it a lot faster) · CC BY-SA 4.0
Housing in Richfield

22 homes sold in Richfield in the last year, at a typical $230K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Richfield homes are listed.

Homes sold
22
June 2025 to May 2026
Typical sale price
$230K
median, weighted by sales
Price per square foot
$119
New York $434
Paid vs. asking
94.1%
14% sold over asking
For sale now
6
May 2026 · 1 sold that month
What sold · last 12 months

Houses are 91% of Richfield’s sales, at a typical $224K

22 homes sold in the year to May 2026.

Houses$224K

typical sale · 20 sold in 12 months

Per square foot
$122NY $316
Days to sell
60
Sold over asking
15%
Listings with a price cut
26%
Fewer sales

Multi-family (2–4 units): 2 sold, typical $294K

Too few sales in 12 months for reliable figures.

6 years of sales

About as many homes sell as usual, at twice the 2017 price

22 sales in the last year, against 30 in 2017 and a low of 13 in 2023. The typical sale went from $110K in 2017 to $230K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2015: 21 sold, typical $96K’152017: 30 sold, typical $110K2020: 30 sold, typical $164K’202022: 23 sold, typical $159K2023: 13 sold, typical $176K’232025: 23 sold, typical $202KLast 12 months: 22 sold, typical $230KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Richfield

Houseat $122 a sq ft
The same money in New Yorkat $316 a sq ft

Is this asking price fair?

Check a listing against what Richfield homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Richfield home costs about $1,489 a month

Mortgage
Property tax
Insurance
Rent

Price: Richfield’s typical sale, last 12 months. Property tax at Richfield’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Richfield is affordable on local pay is on Cost of living.

Before you buy in Richfield

Five things worth knowing

1.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $230K home, about $3,470 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Richfield, from test results, graduation and how much students grow.

Schools in Richfield
31 min

Typical commute

The average one-way trip to work for people who live in Richfield.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Ilion, Herkimer, Little Falls and Minden sell for less a square foot; Otsego and Middlefield for far more

The busier markets within 25 miles of Richfield, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Ilion61$142K$8641%53
Herkimer59$145K$8736%58
Little Falls48$134K$7110%79
Minden27$141K$907%78
Middlefield24$443K$24425%104
Richfield22$230K$11914%70
Otsego22$454K$22314%58

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Richfield, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Richfield. People who follow the town see it, and so do people comparing Richfield with their own town. No commission, no listing fee.

Questions about buying a home in Richfield

What do homes sell for in Richfield, NY?

22 homes sold in the year to May 2026 at a typical $230K, $119 a square foot.

Is Richfield a buyer’s or seller’s market?

A balanced market: 6 homes were for sale in May 2026 and 1 sold, about 6 months of supply. Buyers paid 94.1% of asking on average, and 28% of listings cut their price.

How much are property taxes in Richfield?

About 1.5% of a home’s value a year. On a $230K home that’s near $3,470.

Where can I see homes for sale in Richfield?

Zillow, Redfin, Realtor.com and Homes.com all carry Richfield’s MLS listings; the search links above open each one filtered to Richfield.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).