Is Richfield Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
At the same time last year, Richfield Township was a Seller's Market.
Key Takeaway
Richfield Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Richfield Township, OH cost?
Median Sold Price
$502,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
Key Takeaway
Homes in Richfield Township have sold for 9.2% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | $85.5K | - | N/A |
| 2 Bedrooms | $312.5K | $255K | -18.4% |
| 3 Bedrooms | $297.5K | $322.5K | +8.4% |
| 4 Bedrooms | $492.5K | $754K | +53.1% |
| 5+ Bedrooms | $900K | $900K | 0.0% |
Median Sold Price Compared To Nearby Cities
| Bath Township | $430K | $470K | +9.3% |
| Richfield Township | $460K | $502.5K | +9.2% |
| Richfield | $315K | $269K | -14.6% |
How many homes are available in Richfield Township, OH?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 17 | 18 | +5.9% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Richfield Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 31 Days | 69 Days | +117.9% |
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Richfield Township are selling fast, if you're buying plan to act quickly.
