$7,480 Closing Credit*
$629,900
2,332 SqFt
5 Beds
•3 Full Baths
#22405120, ASHLEY FREDRICK, Listing Office: NEXTHOME HUB CITY
Is Richfield, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Richfield has remained a Seller's Market.
Key Takeaway
Richfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Richfield, WI
How much do homes in Richfield, WI cost?
Median Sold Price
$357,450
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$95,050(-21.0%)
Key Takeaway
Homes in Richfield have sold for 21% less than they did a year ago.
Summary: The median home sold price in Richfield was $357,450 in November 2024, down 21% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $275K | $285.8K | +3.9% |
| 3 Bedrooms | $395K | $404K | +2.3% |
| 4 Bedrooms | $512.4K | $567.5K | +10.7% |
| 5+ Bedrooms | $650K | $519K | -20.2% |
Summary: Richfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 20.2%.
Median Sold Price Compared To Nearby Cities
| Cameron | $250K | $292K | +16.8% |
| Richfield | $452.5K | $357.4K | -21.0% |
Housing Supply in Richfield, WI
How many homes are available in Richfield, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Richfield real estate market had 13 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Richfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Richfield, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Richfield in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Richfield, WI
We’re sorry, we don't have information for this market at the moment
