Richland Township Housing Market Report April 2025•Allen County, Ohio

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Housing Prices in Richland Township, OH

How much do homes in Richland Township, OH cost?

Housing Market Conditions

Is Richland Township, 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 Township is a Buyer's Market

Difference Since April 2024

At the same time last year, Richland Township was a Seller's Market.

Insight

Richland Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$238,450$162/SqFt
+$13,450
+6.0%

Based on all homes sold in the last 12 months

Insight

Homes in Richland Township have sold for 6% more than they did a year ago.

Summary: The median home sold price in Richland Township was $238,450 in April 2025, up 6% from last year, and the median price per square foot was $162.

Median Sold Price By Cities

Median Sold Price By Cities
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
Bluffton
+13.0%
Richland Township
+6.0%

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.
BedsApr 2024Apr 2025Change YoY
1--
N/A
2$195K$205K
+5.1%
3$235K$236K
0.4%
4$227.5K$305K
+34.1%
5$387K-
N/A

Summary: Richland Township housing price by bedroom type for April 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 +5.1%. The home price for 3 bedroom homes increased by 0.4%. The home price for 4 bedroom homes increased by +34.1%. The home price for 5 bedroom homes did not change.

How does Richland Township, OH compare with other places?

Market comparison tool

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

Richland Township, OH

Housing supply in Richland Township, OH

How many homes are available in Richland Township, 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
23Last MonthApr 2025
222 months agoMar 2025
+4.5 %
Change MoMMar – Apr

Summary: The Richland Township real estate market had 23 homes for sale in Apr 2025, a 4.5 % increase compared to Mar 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
1Last MonthApr 2025
52 months agoMar 2025
-80.0 %
Change MoMMar – Apr

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.
BedsMar 2025Apr 2025Change MoM
100
0.0%
245
+25.0%
31412
-14.3%
446
+50.0%
500
0.0%

Summary: Richland Township housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes decreased by -14.3%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Richland Township, 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 Price0 Home

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in Richland Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Richland Township in April 2025, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for Richland Township, OH

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

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

Summary: During April 2025, 1 homes were sold in Richland Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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
1 DaysThis YearApr 2025
15 Days1 year agoApr 2024
-93.3 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Richland Township had an average listing age of 1 days in Apr 2025, down by 93.3% compared to the previous year.

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Newest Listings in Richland Township, OH

What homes are available in Richland Township, OH?

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MLS Disclaimers and Copyright

Based on information from West Central Association of REALTORS MLS, and Northwest Ohio Real Estate Information Systems for the period 05/01/2023 - 05/01/2025

Information is provided by West Central Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively 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. Copyright 2025 – West Central Association of REALTORS – 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: 5/5/2025, 12:45:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Copyright 2025 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.

Information deemed reliable but not guaranteed to be accurate. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 12:55:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.