$2,789 Closing Credit¹
#225018294, Angie R Tanner-Miller, Megan B Miller, Listing Office: Coldwell Banker Realty
Richwood Housing Market Report May 2025•Union County, Ohio
Housing Prices in Richwood, OH
How much do homes in Richwood, OH cost?
Housing Market Conditions
Is Richwood, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Richwood is a Seller's Market
Difference Since May 2024
Since last year, Richwood has remained a Seller's Market.
Insight
Richwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$238,000$164/SqFt
+$4,500
+1.9%
Based on all homes sold in the last 12 months
Insight
Homes in Richwood have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Richwood was $238,000 in May 2025, up 1.9% from last year, and the median price per square foot was $164.
Median Sold Price By Cities
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Richwood | $233.5K | $238K | +1.9% |
| Claibourne Township | $220K | $221.5K | +0.7% |
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $100K | N/A |
| 22 Bedrooms | $170K | $190.5K | +12.1% |
| 33 Bedrooms | $225.5K | $249.9K | +10.8% |
| 44 Bedrooms | $346.6K | $328K | -5.4% |
| 55+ Bedrooms | $315K | $238K | -24.4% |
Summary: Richwood housing price by bedroom type for May 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 +12.1%. The home price for 3 bedroom homes increased by +10.8%. The home price for 4 bedroom homes decreased by -5.4%. The home price for 5 bedroom homes decreased by -24.4%.
How does Richwood, OH compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Richwood, OH
Housing supply in Richwood, OH
How many homes are available in Richwood, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 27Last MonthMay 2025 | ||
| 252 months agoApr 2025 | +8.0 % Change MoMApr – May |
Summary: The Richwood real estate market had 27 homes for sale in May 2025, a 8.0 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthMay 2025 | ||
| 62 months agoApr 2025 | +33.3 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 2 | 3 | +50.0% |
| 33 Bedrooms | 13 | 14 | +7.7% |
| 44 Bedrooms | 6 | 6 | 0.0% |
| 55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Richwood housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +7.7%. 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 Richwood, OH cost?
Over Asking Price5 Homes
At Asking Price1 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Richwood, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Richwood in May 2025, up by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and and 63% were sold over asking.
Days on Market for Richwood, OH
How long does it take to sell a home in Richwood, OH?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days1 Home
Over 90 Days2 Homes
Insight
Many homes in Richwood are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 8 homes were sold in Richwood; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 45 DaysThis YearMay 2025 | ||
| 57 Days1 year agoMay 2024 | -20.3 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Richwood had an average listing age of 45 days in May 2025, down by 20.3% compared to the previous year.
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Newest Listings in Richwood, OH
What homes are available in Richwood, OH?
$3,324 Closing Credit¹
#225017569, Heidi J Klee, Listing Office: RealtyOhio Real Estate
Backup offers
$2,019 Closing Credit¹
#225017555, Scott Ringer, Listing Office: Keller Williams Consultants
$1,543 Closing Credit¹
#225017392, Tim G Russell, Listing Office: CENTURY 21 Capital Gold
Tour
$3,438 Closing Credit¹
#1038876, Stacy Flach, Listing Office: Coldwell Banker Realty
Backup offersTour
$3,869 Closing Credit¹
#1038697, Stacy Flach, Listing Office: Coldwell Banker Realty
Backup offers
$2,849 Closing Credit¹
#225016153, Elizabeth L Millisor, Listing Office: Generations Realty
$0 Closing Credit¹
#225014657, Benjamin Noah Higgins, Listing Office: Ben Higgins Realty &Auction Co
$4,144 Closing Credit¹
#225014904, Chrissy McClary, Listing Office: Revolution Realty LLC
$3,680 Closing Credit¹
#225014401, Shelley J Beeney, Listing Office: Howard Hanna Real Estate Srvcs
$1,543 Closing Credit¹
#225013516, Keli M Fisher, Listing Office: e-Merge Real Estate Results
Backup offers
$5,403 Closing Credit¹
#225012880, Aubree Chappelear, Listing Office: Di Lusso Real Estate
Nearby markets
Nearby markets aren't available for Richwood, OH
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MLS Disclaimers and Copyright
Based on information from Columbus and Central Ohio Regional MLS, and Western Regional Information Systems and Technology Inc. for the period 06/01/2023 - 06/01/2025
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: 6/2/2025, 1:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by Western Regional Information Systems and Technology, Inc. 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 Western Regional Information Systems and Technology, Inc. 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: 6/2/2025, 1:15:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.