Richfield, OH is an affluent area with a median value of housing at $402,900, which is significantly higher than the US median house value of $338,100. The 1 year appreciation rate for houses in Richfield, OH is 11.04%, while the general US rate is 8.27%. This indicates that property values in Richfield are outpacing the national average and may be a good investment opportunity for those looking to buy a house in this area.
The median home cost in Richfield is $402,900. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Richfield is up 14.6%.
Average Age of Homes
- The median age of Richfield real estate is 57 years old
The Rental Market in Richfield
- Renters make up 9.6% of the Richfield population
- 1.8% of houses and apartments in Richfield, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.