Richwood, OH Foreclosures
How much do homes sell for in Richwood, OH?
The average home price is currently $300,735.
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 $2,633,974.
What is currently the cheapest priced home in Richwood, OH?
The cheapest home for sale in Richwood is priced at $12,860.
Living in Richwood, OH
Richwood, OH, is a charming village that combines a tight-knit community with desirable amenities. Nestled in the heart of Union County, it offers residents a peaceful lifestyle, strong educational opportunities, and close access to outdoor activities. With its rich history and modern conveniences, Richwood is an ideal place to call home.
Current Market Conditions in Richwood, OH
The real estate market in Richwood, OH, has shown steady growth over the past year, with home prices rising due to increased demand. The village's affordable housing options, combined with its attractive quality of life, have drawn more buyers and investors looking for quaint suburban areas.
Interest rates have slightly impacted purchasing power, yet the market remains active, with a variety of options available for prospective homeowners. Sellers are encountering favorable conditions, leading to quicker sales and multiple offers on well-maintained properties.
Home Value Estimator For Richwood, OH
There are currently 2,272 real estate properties
in Richwood, OH,
with a median automated valuation model (AVM) price
of $241,584.00. 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 $300,735.00, with the most expensive house
in Richwood, OH, topping out
at $2,633,974.00 and the cheapest home
in Richwood, OH,
clocking in at $12,860.00. 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.
Learn more on Foreclosure homes
