Richfield, OH housing market
No new homes were permitted in 2025.
Home values, sales, trends and how Richfield compares with the towns next door — updated as new data is published.
No new homes permitted in 2025
No permits for new homes were issued in Richfield in 2025. The last year with any was 2023 (1 new home).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Richfield's population fell by 47 even though 9 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Ohio: 1.3 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 1 | 1 | 0 | $303,000 |
| 2022 | 1 | 1 | 0 | $350,000 |
| 2021 | 1 | 1 | 0 | $447,000 |
| 2020 | 2 | 2 | 0 | $700,000 |
| 2019 | 2 | 2 | 0 | $500,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 1 | 1 | 0 | $310,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 4 | 4 | 0 | $865,000 |
| 2013 | 1 | 1 | 0 | $250,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 1 | 1 | 0 | $250,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 1 | 1 | 0 | $250,000 |
| 2006 | 4 | 4 | 0 | $650,000 |
| 2005 | 4 | 4 | 0 | $650,000 |
| 2004 | 4 | 4 | 0 | $680,000 |
| 2003 | 8 | 8 | 0 | $1 million |
| 2002 | 5 | 5 | 0 | $650,000 |
| 2001 | 4 | 4 | 0 | $590,000 |
| 2000 | 2 | 2 | 0 | $240,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Richfield and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Richfield | — | $1,110 | 0 | $91,477 |
| Damascus | −0.9%† | $980 | 1 | $75,500 |
| Monroe | — | $1,140 | 0 | $86,438 |
| Bartlow | — | $1,030 | 2 | $81,429 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,110
HUD's Fair Market Rent for a two-bedroom in Richfield is $1,110 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $850 · 4 bedrooms $1,820
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (43511, 43516, 43523, 43534, 43535; Henry County, OH), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.