Richmond Hts, OH Foreclosures
Current Market Conditions in in Richmond Hts, OH As of January 2026?
Over the past month, the Richmond Heights real estate market has shown a slight uptick in home sales due to increased buyer interest as the holiday season approaches. The average days on the market have decreased, indicating that homes are selling faster. However, inventory remains low, keeping upward pressure on prices. Buyers are still active but must be prepared for competitive bidding situations as multiple offers are becoming more common.
How much do homes sell for in Richmond Hts, OH?
The average home price is currently $337,738.
In Richmond Hts, OH, how many homes are available?
There are currently 3 active home listings available in Richmond Hts.
What’s the average rental cost in Richmond Hts, OH?
The average rental price in Richmond Hts is $1,734.
What is the most expensive home in Richmond Hts?
The most expensive home sold in Richmond Hts had a price of $2,753,100.
What is currently the cheapest priced home in Richmond Hts, OH?
The cheapest home for sale in Richmond Hts is priced at $96,500.
Living in Richmond Hts, OH
Richmond Heights, OH, is a welcoming suburb of Cleveland known for its close-knit community and diverse amenities. With nearby parks, schools, and shopping areas, it offers residents a comfortable lifestyle. The city’s accessible location makes commuting to downtown Cleveland easy for work or leisure.
Buyer vs Seller Market in Richmond Hts, OH
The real estate market in Richmond Heights is currently experiencing a positive trend, with home values steadily increasing. As more people seek suburban living close to urban amenities, demand in this area remains strong, resulting in a competitive market for buyers.
Despite rising prices, homes continue to sell quickly, often receiving multiple offers. The availability of various home styles, from single-family homes to townhouses, caters to a range of buyers, from first-time homebuyers to those looking to downsize.
Home Value Estimator For Richmond Hts, OH
There are currently 184 real estate properties
in Richmond Hts, OH,
with a median automated valuation model (AVM) price
of $301,843.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Richmond Hts, 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 Richmond Hts, OH,
is $337,738.00, with the most expensive house
in Richmond Hts, OH, topping out
at $2,753,100.00 and the cheapest home
in Richmond Hts, OH,
clocking in at $96,500.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Richmond Hts, OH!
Rent Prices
In Richmond Hts, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Richmond Hts, OH, is on
a rollercoaster ride. The
average rent price in Richmond Hts, OH,
is $1,734.00. Indeed, when looking to rent in
Richmond Hts, OH, you can expect to pay as little
as $860.00 or as much
as $2,480.00,
with the average rent median estimated to
be $1,710.00. The good news is that finding
an affordable and desirable property to rent in Richmond Hts, 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.
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