Richfield, OH housing market
Homes typically sell in 5 days, a little above asking.
Home values, sales, trends and how Richfield compares with the towns next door — updated as new data is published.
Richfield at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Home prices up 32% in 5 years
The federal house price index for the ZIP code around Richfield rose 32% over the past 5 years, slower than across Ohio (53%). Last year prices fell 7.1%. Carrying the Census median home value forward with that index puts the typical Richfield home at roughly $482,000 today.
Show as a table
| Year | Change that year | Since 2000 | Ohio since 2000 |
|---|---|---|---|
| 2025 | −7.1% | +70% | +106% |
| 2024 | +6.8% | +83% | +97% |
| 2023 | +11% | +71% | +84% |
| 2022 | +14% | +54% | +70% |
| 2021 | +5% | +35% | +50% |
| 2020 | +7.9% | +29% | +35% |
| 2019 | +1.5% | +20% | +29% |
| 2018 | +7.7% | +18% | +23% |
| 2017 | +2.5% | +9.4% | +16% |
| 2016 | −3.7% | +6.7% | +11% |
| 2015 | +7.3% | +11% | +6.7% |
| 2014 | +1.1% | +3.3% | +3.1% |
| 2013 | +1.8% | +2.1% | −0.2% |
| 2012 | +2% | +0.4% | −0.4% |
| 2011 | −5.3% | −1.6% | +1.3% |
| 2010 | −6.3% | +3.9% | +5.1% |
| 2009 | +0.1% | +11% | +8.9% |
| 2008 | −5.6% | +11% | +12% |
| 2007 | +1% | +17% | +15% |
| 2006 | +2.1% | +16% | +17% |
| 2005 | 0% | +14% | +16% |
| 2004 | +7.5% | +14% | +12% |
| 2003 | +0.7% | +5.9% | +8.5% |
| 2002 | +1.3% | +5.2% | +6.7% |
| 2001 | +3.8% | +3.8% | +4.3% |
| 2000 | — | — | — |
How Richfield ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 44286, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
4 years of income
The typical Richfield home costs about 4 years of the town's median household income, more than across Ohio (3.5 years).
How Richfield ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,470
HUD's Fair Market Rent for a two-bedroom in Richfield is $1,470 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Richfield pay a median of $1,210, so moving in tends to cost more than staying put. A two-bedroom takes about 21% of the town's median household income.
Studio $1,050 · 4 bedrooms $1,950
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (44286; Akron, OH MSA), 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, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.