Is Richfield, OH 44286 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Richfield is a seller’s market. With about 2.1 months of supply and 29% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score68/ 100

More competitive than 72% of U.S. ZIP codes, and #160 of 489 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.1Under 4 months = seller’s market
Sold above original list28.6%Share of sales, last 3 months
Median sale-to-list100.1%Sold price ÷ list price
Median days on market36Listing to accepted offer
Median price per sq ft$203▼ −9.8% vs. last year

The Richfield housing market right now

In the three months ending August 31, 2026, 29% of homes in Richfield, OH 44286 sold above their list price, the typical home went under contract in 36 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 22 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 23%, homes sold faster (39 days then) and the median sale price fell 22% to $581,748. Overall, Richfield is more competitive than a year ago, so tougher for buyers.

Within Summit County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, Richfield ranks #160 of 489 OH ZIP codes with enough sales (score 68 out of 100).

Nearby, buyers who want less competition could look at Akron 44311 (12% sold over asking) or Akron 44304 (17% sold over asking), while Munroe Falls 44262 (58% sold over asking) and Twinsburg 44087 (55% sold over asking) are even more competitive.

Nearby markets

Akron 44301Seller’s market $105 /sq ftAkron 44302Seller’s market $79 /sq ftAkron 44303Seller’s market $136 /sq ftAkron 44304Buyer’s market $80 /sq ft Browse all markets →

Where Richfield is

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Questions about Richfield real estate

Is Richfield a buyer’s or seller’s market?

A seller’s market: there were 2.1 months of supply in Richfield, OH 44286 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Richfield?

The typical home went under contract in 36 days in the latest three months.

Do homes in Richfield sell over asking?

29% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.

What are property taxes in Richfield?

About 1.53% of a home’s value a year in Summit County, or roughly $6,120 on a $400,000 home.

What is the median home price in Richfield?

The median sale price was $581,748 in the three months ending August 31, 2026, about $203 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology