Richfield, OH Foreclosures
How much do homes sell for in Richfield, OH?
The average home price is currently $591,650.
In Richfield, OH, how many homes are available?
There are currently 40 active home listings available in Richfield.
What’s the average rental cost in Richfield, OH?
The average rental price in Richfield is $1,784.
What is the most expensive home in Richfield?
The most expensive home sold in Richfield had a price of $19,546,608.
What is currently the cheapest priced home in Richfield, OH?
The cheapest home for sale in Richfield is priced at $10,512.
Living in Richfield, OH
Richfield, OH offers a unique blend of suburban and rural living, highlighted by its access to natural parks and cute local amenities. It's an ideal place for families seeking a peaceful lifestyle while remaining close to urban conveniences. With a commitment to community and quality education, Richfield stands out as a charming place to call home.
Current Market Conditions in Richfield, OH
The current real estate market in Richfield, OH is experiencing a steady increase in both home prices and demand, with homes selling faster than in previous years. Inventory remains relatively low, which enhances buyer competition and pushes the prices higher. This market trend is likely driven by the community's desirable location, quality of life, and the attraction of a stable, friendly environment for families.
Increased interest from homebuyers looking for properties in suburban areas is a notable trend in Richfield. The region's proximity to larger cities and its attractive natural landscapes have sparked demand for homes, resulting in price appreciation. As remote work becomes more common, many are drawn to purchasing homes in areas like Richfield that offer both tranquility and reasonable commuting distances.
Home Value Estimator For Richfield, OH
There are currently 2,504 real estate properties
in Richfield, OH,
with a median automated valuation model (AVM) price
of $461,940.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Richfield, OH, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Richfield, OH,
is $591,650.00, with the most expensive house
in Richfield, OH, topping out
at $19,546,608.00 and the cheapest home
in Richfield, OH,
clocking in at $10,512.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Richfield, OH!
Rent Prices
In Richfield, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Richfield, OH, is on
a rollercoaster ride. The
average rent price in Richfield, OH,
is $1,784.00. Indeed, when looking to rent in
Richfield, OH, you can expect to pay as little
as $690.00 or as much
as $2,540.00,
with the average rent median estimated to
be $1,730.00. The good news is that finding
an affordable and desirable property to rent in Richfield, OH
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
