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Richwood, OH

Full City Profile · Ohio · Union County County

2.8 /5.0
C+ Fair
2,303 Population 1,857/sq mi density
$52,422 Median Income $35,947 per capita
$161,500 Home Value $245,045 Zillow
$876 Median Rent 32.3% income on rent
52°F Avg Temperature 275 sunny days/yr
45 Violent Crime/100K 2,729 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$52,422 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$161,500 home value, $876/mo rent
F
Safety
1.0 / 5.0
45 violent crimes/100K
D
Education
1.6 / 5.0
7.3% bachelor's degree or higher

Housing Overview

Median Home Value
$161,500
43% below
US avg: $281,900
Median Rent
$876/mo
25% below
US avg: $1,163/mo
Homeownership Rate
65.6%
0% below US avg (65.4%)
Total Housing Units
1,026
Median year built: 1944

Home Value by Source

Census Median
$161,500
Zillow (ZHVI)
$245,045
Median Sale Price
$325,000
Median List Price
$159,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.6%
Owner-Occupied
34.4%
Renter-Occupied
66%
34%
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: $876/mo

Market Indicators (Redfin)

Median Days on Market
144 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
4
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$152
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
32.3%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1944
Average age of housing stock: 82 years
Homeownership Rate
65.6%

Complete Housing Data

Home Values

Census Median Value$161,500
Zillow Home Value (ZHVI)$245,045
Median Sale Price$325,000
Median List Price$159,900
Price Per Sq Ft$152

Rent

Census Median Rent$876
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 Market144
Sale-to-List Ratio0.9%
Price Drops14.3%
Homes Sold4
Active Inventory7
Price Per Sq Ft$152

Ownership & Stock

Owner-Occupied65.6%
Renter-Occupied34.4%
Homeownership Rate65.6%
Total Housing Units1,026
Median Year Built1944
Rent Burden32.3%