#5132635, James L Irwin, Listing office: Coldwell Banker Schmidt Realty
Richfield Housing Market Report June 2025•Summit County, Ohio
Housing Prices in Richfield, OH
How much do homes in Richfield, OH cost?
Housing Market Conditions
Is Richfield, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Richfield is a Seller's Market
Difference Since June 2024
Since last year, Richfield has remained a Seller's Market.
Insight
Richfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$541,500$192/SqFt
-$10,756
-1.9%
Based on all homes sold in the last 12 months
Insight
Homes in Richfield have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in Richfield was $541,500 in June 2025, down 1.9% from last year, and the median price per square foot was $192.
Median Sold Price By Cities
| City | Jun 2024 | Jun 2025 | Change YoY |
|---|---|---|---|
| Bath Township | $455.2K | $527.5K | +15.9% |
| Brecksville | $375K | $395K | +5.3% |
| Richfield Township | $544.5K | $541.5K | -0.6% |
| Richfield | $552.2K | $541.5K | -1.9% |
Median Sold Price By Bedrooms
| Beds | Jun 2024 | Jun 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $389K | $446K | +14.7% |
| 33 Bedrooms | $315.7K | $445K | +40.9% |
| 44 Bedrooms | $629.6K | $600K | -4.7% |
| 55+ Bedrooms | $874.9K | $1.2M | +41.7% |
Summary: Richfield housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +14.7%. The home price for 3 bedroom homes increased by +40.9%. The home price for 4 bedroom homes decreased by -4.7%. The home price for 5 bedroom homes increased by +41.7%.
How does Richfield, OH compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Richfield, OH
Housing supply in Richfield, OH
How many homes are available in Richfield, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 25Last MonthJun 2025 | ||
| 272 months agoMay 2025 | -7.4 % Change MoMMay – Jun |
Summary: The Richfield real estate market had 25 homes for sale in Jun 2025, a 7.4 % decrease compared to May 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthJun 2025 | ||
| 42 months agoMay 2025 | +50.0 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
| Beds | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 8 | 6 | -25.0% |
| 44 Bedrooms | 12 | 12 | 0.0% |
| 55+ Bedrooms | 6 | 6 | 0.0% |
Summary: Richfield housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -25.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Richfield, OH cost?
Over Asking Price2 Homes
At Asking Price1 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Richfield, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Richfield in June 2025, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and and 33% were sold over asking.
Days on Market for Richfield, OH
How long does it take to sell a home in Richfield, OH?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days3 Homes
Over 90 Days0 Home
Insight
Many homes in Richfield are selling fast, if you're buying plan to act quickly.
Summary: During June 2025, 6 homes were sold in Richfield; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 26 DaysThis YearJun 2025 | ||
| 27 Days1 year agoJun 2024 | -1.6 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in Richfield had an average listing age of 26 days in Jun 2025, down by 1.6% compared to the previous year.
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Newest Listings in Richfield, OH
What homes are available in Richfield, OH?
Backup offers
#5130996, Alison M Baranek, Listing office: Berkshire Hathaway HomeServices Stouffer Realty
#5122873, Laurie Morgan Schrank, Listing office: Keller Williams Chervenic Rlty
#5122697, Aimee Neiman, Listing office: Keller Williams Chervenic Rlty
#5120734, Alison M Baranek, Listing office: Berkshire Hathaway HomeServices Stouffer Realty
Backup offers
#5119991, Luke Schimpf, Listing office: RE/MAX Above & Beyond
#5119990, Luke Schimpf, Listing office: RE/MAX Above & Beyond
#5119987, Luke Schimpf, Listing office: RE/MAX Above & Beyond
#5110129, Gina Luisi, Listing office: Berkshire Hathaway HomeServices Stouffer Realty
#5110152, Gina Luisi, Listing office: Berkshire Hathaway HomeServices Stouffer Realty
#5113101, Matthew Suttle, Listing office: Keller Williams Chervenic Rlty
#5109691, Jeannette M Charara, Listing office: Russell Real Estate Services
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 07/01/2023 - 07/01/2025
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/3/2025, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.