Richfield, OH
Full City Profile · Ohio · Summit County County
4.1
/5.0
A
Great
3,711
Population
401/sq mi density
$78,426
Median Income
$63,785 per capita
$292,000
Home Value
$474,954 Zillow
$1,019
Median Rent
21.3% income on rent
52°F
Avg Temperature
275 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.6 / 5.0
$78,426 median income, 0.7% unemployment
A+
Affordability
4.6 / 5.0
$292,000 home value, $1,019/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
4.7 / 5.0
45.7% bachelor's degree or higher
Housing Overview
Median Home Value
$292,000
4% above
US avg: $281,900
Median Rent
$1,019/mo
12% below
US avg: $1,163/mo
Homeownership Rate
90.9%
39% above US avg (65.4%)
Total Housing Units
1,636
Median year built: 1972
Home Value by Source
Census Median
$292,000
Zillow (ZHVI)
$474,954
Median Sale Price
$331,650
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.9%
Owner-Occupied
9.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent:
$1,019/mo
Market Indicators (Redfin)
Median Days on Market
26 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$226
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
21.3%
of renters spending 30%+ of income on housing
31% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
90.9%
Complete Housing Data
Home Values
| Census Median Value | $292,000 |
| Zillow Home Value (ZHVI) | $474,954 |
| Median Sale Price | $331,650 |
| Price Per Sq Ft | $226 |
Rent
| Census Median Rent | $1,019 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $873 |
| FMR 2-Bedroom | $1,092 |
| FMR 3-Bedroom | $1,388 |
| FMR 4-Bedroom | $1,550 |
Market
| Days on Market | 26 |
| Sale-to-List Ratio | 0.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 2 |
| Price Per Sq Ft | $226 |
Ownership & Stock
| Owner-Occupied | 90.9% |
| Renter-Occupied | 9.1% |
| Homeownership Rate | 90.9% |
| Total Housing Units | 1,636 |
| Median Year Built | 1972 |
| Rent Burden | 21.3% |
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