Richland County Housing Market Report March 2025•Richland County, Ohio

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Housing Prices in Richland County, OH

How much do homes in Richland County, OH cost?

Housing Market Conditions

Is Richland County, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Richland County is a Seller's Market

Difference Since March 2024

Since last year, Richland County has remained a Seller's Market.

Insight

Richland County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$195,000$131/SqFt
+$20,151
+11.5%

Based on all homes sold in the last 12 months

Insight

Homes in Richland County have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in Richland County was $195,000 in March 2025, up 11.5% from last year, and the median price per square foot was $131.

Median Sold Price By Counties

Median Sold Price By Counties
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Richland County
+11.5%
Huron County
+7.1%
Crawford County
+6.1%
Ashland County
+5.5%
Morrow County
+2.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$62.5K$75K
+20.0%
2$129.9K$146.7K
+13.0%
3$169.9K$190K
+11.8%
4$233K$250K
+7.3%
5$275K$375K
+36.4%

Summary: Richland County housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +20.0%. The home price for 2 bedroom homes increased by +13.0%. The home price for 3 bedroom homes increased by +11.8%. The home price for 4 bedroom homes increased by +7.3%. The home price for 5 bedroom homes increased by +36.4%.

How does Richland County, OH compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Richland County, OH

Housing supply in Richland County, OH

How many homes are available in Richland County, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
356Last MonthMar 2025
3242 months agoFeb 2025
+9.9 %
Change MoMFeb – Mar

Summary: The Richland County real estate market had 356 homes for sale in Mar 2025, a 9.9 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
67Last MonthMar 2025
782 months agoFeb 2025
-14.1 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
124
+100.0%
23740
+8.1%
3177209
+18.1%
48677
-10.5%
52226
+18.2%

Summary: Richland County housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +8.1%. The inventory for 3 bedroom homes increased by +18.1%. The inventory for 4 bedroom homes decreased by -10.5%. The inventory for 5 bedroom homes increased by +18.2%.

Asking Price vs. Sold Price

How much do homes in Richland County, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price18 Homes

At Asking Price15 Homes

Under Asking Price34 Homes

Insight

If you're buying a home in Richland County, you may be able to get a good deal. 50.7% of homes here sold below asking price last month.

Summary: A total of 67 homes were sold or pending in Richland County in March 2025, down by 14.1% month-over-month. Of the 67 sold homes, 51% were sold under asking, 22% were sold at asking, and and 27% were sold over asking.

Days on Market for Richland County, OH

How long does it take to sell a home in Richland County, OH?

Breakdown of Home Sale Times

Under 30 Days9 Homes

30 – 90 Days4 Homes

Over 90 Days6 Homes

Insight

Many homes in Richland County are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 67 homes were sold in Richland County; 13% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
67 DaysThis YearMar 2025
32 Days1 year agoMar 2024
+107.0 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Richland County had an average listing age of 67 days in Mar 2025, up by 107.0% compared to the previous year.

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Newest Listings in Richland County, OH

What homes are available in Richland County, OH?

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MLS Disclaimers and Copyright

Based on information from Mansfield Assocation of REALTORS® MLS, Columbus and Central Ohio Regional MLS, MLS Now, and Firelands MLS for the period 04/01/2023 - 04/01/2025

The information being 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. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither Listing Broker(s) this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright Mansfield Association of REALTORS® Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/13/2025, 5:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/13/2025, 5:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXCopyright 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: 4/13/2025, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker Reciprocity Information Deemed Reliable, but Not Guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Firelands MLS, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Firelands Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/13/2025, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.