Home

Richfield, OH Real Estate


According to census data in the year 2000 there were 1,273 housing units in Richfield. This represents a 9.6% growth from 1,162 in 1990.

Of those housing units, 695 were located in either urbanized areas or urban clusters, and 578 were located in what is classified as a rural area.

Homeownership rate in Richfield is about 89.1%. Richfield's vacancy rate, including seasonal lodging, is about 2.9%. Average household size is 2.6 people.

The majority of houses, apartments or condos in Richfield were built after 1961.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.80%
Two Bedrooms12.60%
Three Bedrooms60.20%
Four Bedrooms20.70%
Five Bedrooms or more3.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1961
Median Value of occupied units$161,800

Rented Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1961

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage6.20%
Home Equity Loan17.80%
Simple Mortgage45.20%
Debt Free30.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%