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Richfield Ohio 4Photo: SilentMatt Psychedelic · CC BY-SA 4.0
Housing in Richfield

41 homes sold in Richfield in the last year, at a typical $709K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Richfield homes are listed.

Homes sold
41
May 2025 to April 2026
Typical sale price
$709K
median, weighted by sales
Price per square foot
$231
Ohio $163
Paid vs. asking
99.4%
37% sold over asking
For sale now
7
April 2026 · 6 sold that month
What sold · last 12 months

Houses are 95% of Richfield’s sales, at a typical $713K

41 homes sold in the year to April 2026.

Houses$713K

typical sale · 39 sold in 12 months

Per square foot
$232OH $165
Days to sell
34
Sold over asking
36%
Listings with a price cut
39%
Fewer sales

Condos: 2 sold, typical $339K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

41 sales in the last year, against 65 in 2018 and a low of 35 in 2022. The typical sale went from $361K in 2016 to $709K.

Homes soldTypical sale price
0255075100$350K$500K$650K$800K2012: 46 sold, typical $244K’122013: 48 sold, typical $269K2014: 39 sold, typical $307K’142015: 45 sold, typical $236K2016: 37 sold, typical $361K’162017: 40 sold, typical $295K2018: 65 sold, typical $265K’182019: 52 sold, typical $264K2020: 57 sold, typical $372K’202021: 44 sold, typical $396K2022: 35 sold, typical $431K’222023: 54 sold, typical $475K2024: 46 sold, typical $489K’242025: 47 sold, typical $671KLast 12 months: 41 sold, typical $709KNow

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

What your budget buys

What $700K buys in Richfield

Houseat $232 a sq ft
The same money in Ohioat $165 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.

What the sales history says · 14 years of sales

Bidding wars in Richfield are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of Richfield’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to April 2026, 41 sales.

If you’re buying in Richfield

  • Shop in June. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
  • You can negotiate. 36% of listings have cut their price, against 23% before the pandemic.
  • Bid near asking. Buyers paid 99.4% of the list price on average; 37% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 6 a month), but April is the most competitive: 33% of April sales close over asking. January has the least competition (13%) but only about 4 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 4 new listings a month, 13% sold over asking, 120 days to sellJFeb: 4 new listings a month, 19% sold over asking, 81 days to sellFMar: 6 new listings a month, 23% sold over asking, 77 days to sellMApr: 5 new listings a month, 33% sold over asking, 62 days to sellAMay: 6 new listings a month, 25% sold over asking, 50 days to sellMJun: 6 new listings a month, 18% sold over asking, 60 days to sellJJul: 5 new listings a month, 26% sold over asking, 71 days to sellJAug: 4 new listings a month, 29% sold over asking, 52 days to sellASep: 5 new listings a month, 32% sold over asking, 40 days to sellSOct: 4 new listings a month, 23% sold over asking, 70 days to sellONov: 4 new listings a month, 22% sold over asking, 57 days to sellNDec: 2 new listings a month, 20% sold over asking, 92 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Ohio

Richfield now2017–192021 peakOH now
Sold over askingShare of sales that closed above the list price37%16%45%29%
Gone within two weeksShare of homes under contract within 14 days49%34%50%47%
Listings with a price cutShare of homes for sale that cut their price36%23%41%27%
Price paid vs. askingAverage sale price ÷ list price99.4%96.7%100.7%98.5%
Days to sellMedian days from listing to contract32724242
Supply

6 homes for sale on a typical day

That’s 70% fewer than in 2017–19 and well under 2012’s 30.

2012: 30 for sale’122013: 27 for sale2014: 28 for sale2015: 23 for sale’152016: 18 for sale2017: 19 for sale2018: 22 for sale’182019: 18 for sale2020: 13 for sale2021: 6 for sale’212022: 9 for sale2023: 11 for sale2024: 11 for sale’242025: 7 for saleLast 12 months: 6 for saleNow
Room to negotiate

1 in 3 listings has cut its price

36% in the last year, against 23% in 2017–19 and 27% across Ohio. More sellers are pricing high and coming down.

2015: 24%’152016: 20%2017: 19%2018: 24%’182019: 26%2020: 20%2021: 41%’212022: 26%2023: 23%2024: 25%’242025: 31%Last 12 months: 36%Now

Source: Redfin Data Center, city market tracker, January 2012 to April 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Richfield home costs about $4,433 a month

Mortgage
Property tax
Insurance
Rent

Price: Richfield’s typical sale, last 12 months. Property tax at Richfield’s 1.2% (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

Six things worth knowing

6

New listings in June

The month with the most choice. December has the fewest, about 2.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $709K home, about $8,810 a year.

Taxes vs. neighbors
A+

Schools

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

Schools in Richfield
22 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

Brecksville, Montrose-Ghent, Cuyahoga Falls, Broadview Heights, Fairlawn and North Royalton sell for less a square foot

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
Cuyahoga Falls668$223K$17048%19
North Royalton359$311K$17635%25
Broadview Heights240$396K$19941%26
Brecksville168$389K$19136%29
Fairlawn158$345K$17531%35
Montrose-Ghent55$612K$18922%49
Richfield41$709K$23137%32

Redfin Data Center, May 2025 to April 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, OH?

41 homes sold in the year to April 2026 at a typical $709K, $231 a square foot.

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

A seller’s market: 7 homes were for sale in April 2026 and 6 sold, about 1.2 months of supply. Buyers paid 99.4% of asking on average, and 36% of listings cut their price.

When is the best time to buy in Richfield?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Richfield?

About 1.2% of a home’s value a year. On a $709K home that’s near $8,810.

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).