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Foreclosure Homes in Richwood, OH

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Richwood, OH Foreclosures

How much do homes sell for in Richwood, OH?
The average home price is currently $306,974.
In Richwood, OH, how many homes are available?
There are currently 13 active home listings available in Richwood.
What’s the average rental cost in Richwood, OH?
The average rental price in Richwood is $1,425.
What is the most expensive home in Richwood?
The most expensive home sold in Richwood had a price of $2,604,576.
What is currently the cheapest priced home in Richwood, OH?
The cheapest home for sale in Richwood is priced at $12,765.

Living in Richwood, OH

Richwood, Ohio is a tranquil village in Union County, known for its community spirit and charming countryside. With easy access to outdoor activities and a tight-knit community, it offers a peaceful lifestyle while still being close to urban amenities. Richwood is ideal for families and those looking for a slower pace of life.

Current Market Conditions in Richwood, OH

Richwood's real estate market has been relatively stable, with steady demand for family homes due to its community-oriented atmosphere. The area has seen a slight rise in home prices due to limited inventory, making it an attractive option for buyers looking for a quiet place to settle down.

Investors and homebuyers alike are starting to take notice of Richwood as a growing community with potential for appreciation. With its rural charm and proximity to urban centers, the demand for housing options is expected to rise, providing good opportunities for investment.

Home Value Estimator For Richwood, OH

There are currently 2,406 real estate properties in Richwood, OH, with a median automated valuation model (AVM) price of $243,962.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Richwood, 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 Richwood, OH, is $306,974.00, with the most expensive house in Richwood, OH, topping out at $2,604,576.00 and the cheapest home in Richwood, OH, clocking in at $12,765.00. In other words, there’s something for every potential homebuyer or savvy investor in Richwood, OH!

Rent Prices In Richwood, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Richwood, OH, is on a rollercoaster ride. The average rent price in Richwood, OH, is $1,425.00. Indeed, when looking to rent in Richwood, OH, you can expect to pay as little as $610.00 or as much as $2,540.00, with the average rent median estimated to be $1,410.00. The good news is that finding an affordable and desirable property to rent in Richwood, 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.

Richwood, OH Foreclosures


Market Trend for Richwood, OH

Total Listings Available: 13

Market Values:

Home Prices from $12,765 to $2,604,576

Average Sales Price: $306,974

Rental Values:

Rental from $610 to $2,540

Average Rent Value: $1,425 / month

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