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Is Richfield, ID 83349 a buyer’s or seller’s market?

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

Richfield is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market175Listing to accepted offer
Median price per sq ft$175▼ −24.6% vs. last year

The Richfield housing market right now

In the three months ending August 31, 2026, 0% of homes in Richfield, ID 83349 sold above their list price, the typical home went under contract in 175 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (24 days then) and the median sale price fell 9% to $279,779. Overall, Richfield is less competitive than a year ago, which gives buyers more room.

Run the numbers for 83349

Prefilled for 83349Can I win this house?Multiple-offer likelihood for a listing Prefilled for 83349Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Dietrich 83324Buyer’s market $256 /sq ftShoshone 83352Balanced $202 /sq ft Browse all markets →

Towns like Richfield nearby

Find towns like Richfield in other states →
Shoshone, ID83352 · 14 miles away85% similarpricier homes ($29K more) · larger Hansen, ID83334 · 38 miles away73% similarpricier homes ($43K more) · larger Wendell, ID83355 · 35 miles away67% similarpricier homes ($53K more) · larger Hazelton, ID83335 · 32 miles away65% similarlarger · younger residents

Where Richfield is

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Questions about Richfield real estate

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

A buyer’s market: there were 6.4 months of supply in Richfield, ID 83349 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 175 days in the latest three months.

Do homes in Richfield sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Richfield?

About 0.43% of a home’s value a year in Lincoln County, or roughly $1,720 on a $400,000 home.

What is the median home price in Richfield?

The median sale price was $279,779 in the three months ending August 31, 2026, about $175 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