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Richland Township Housing Market Report February 2025•Fairfield County, Ohio
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?
Seller'sMarket
Buyer'sMarket
Richland Township is a Seller's Market
Difference Since February 2024
Since last year, Richland Township has remained a Seller's Market.
Insight
Richland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$282,000$157/SqFt
-$77,450
-21.5%
Based on all homes sold in the last 12 months
Insight
Homes in Richland Township have sold for 21.5% less than they did a year ago.
Summary: The median home sold price in Richland Township was $282,000 in February 2025, down 21.5% from last year, and the median price per square foot was $157.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Reading Township | $305K | $300K | -1.6% |
| Thorn Township | $440K | $350K | -20.5% |
| Richland Township | $359.4K | $282K | -21.5% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $165K | - | N/A |
| 22 Bedrooms | $282K | $30K | -89.4% |
| 33 Bedrooms | $319.9K | $255K | -20.3% |
| 44 Bedrooms | $429K | $290.9K | -32.2% |
| 55+ Bedrooms | $565K | $644K | +14.0% |
Summary: Richland Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -89.4%. The home price for 3 bedroom homes decreased by -20.3%. The home price for 4 bedroom homes decreased by -32.2%. The home price for 5 bedroom homes increased by +14.0%.
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
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthFeb 2025 | ||
| 52 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Summary: The Richland Township real estate market had 5 homes for sale in Feb 2025, the same as Jan 2025
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthFeb 2025 | ||
| 12 months agoJan 2025 | +100.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 2 | 2 | 0.0% |
| 44 Bedrooms | 3 | 3 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Richland Township housing inventory by bedroom type for February 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 remained the same. 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 Richland Township, OH cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in Richland Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Richland Township in February 2025, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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 Days0 Home
30 – 90 Days0 Home
Over 90 Days2 Homes
Insight
Most homes in Richland Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 2 homes were sold in Richland Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 131 DaysThis YearFeb 2025 | ||
| 102 Days1 year agoFeb 2024 | +28.5 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Richland Township had an average listing age of 131 days in Feb 2025, up by 28.5% compared to the previous year.
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Newest Listings in Richland Township, OH
What homes are available in Richland Township, OH?
4 days on Rocket
$1,899 Closing Credit¹
#225007098, Michelle Ross, Listing Office: Rise Realty
$2,552 Closing Credit¹
#225006556, Nicole R Yoder-Barnhart, Listing Office: Howard Hanna Real Estate Serv
$2,968 Closing Credit¹
#225004343, Heidi Coppess, Listing Office: Century 21 Excellence Realty
Backup offers
$4,393 Closing Credit¹
#225001716, Kimberly A Cumbo, Listing Office: Key Realty
Backup offers
$1,780 Closing Credit¹
#224033265, Denise D Keefe, Listing Office: Century 21 Frank Frye
#224017440, Zachary T DeLeon, Listing Office: Keller Williams Greater Cols
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MLS Disclaimers and Copyright
Based on information from Columbus and Central Ohio Regional MLS, for the period 03/01/2023 - 03/01/2025
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: 3/14/2025, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.