Richland County, OH Home Values & Market Trends

The median home price in Richland County, OH is $177,107.85. There were 2,383 home sales in Richland County, OH over the past 12 months. The median residential Richland County, OH home value for transactions over the previous year is $112,799.195. The number of current listings in Richland County, OH is 166, and the percentage of properties for sale is 166.00%. The county has 109 foreclosures, 8 bank owned properties, 3 headed for auction, and 166 properties for sale.

Richland County, OH Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Mansfield

$ 127,041

$ 98/sqft

Bellville

$ 295,149

$ 167/sqft

Shelby

$ 179,305

$ 101/sqft

Shiloh

$ --

$ --

Lucas

$ 379,900

$ 143/sqft

Butler

$ --

$ --

Housing Market Summary for Richland County, OH

Apr 2023March 2024Change
Median Listing Price$165K$170.4K3.25%
Median Sold Price$159.7K$170.4K6.66%
Homes For Sale12917434.88%
Homes Sold1,6441,372-16.55%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Richland County, OH

Richland County, OH home values range from $18,020 to $5,693,720. Lucas is the priciest city with a median listing home price of $397,000, and Shiloh is most affordable with average house prices of around $80,000.

Foreclosure
There are 6 cities within Richland County, OH; within these cities, the median estimated home value for homes in foreclosure ranges from $382,783 in Mansfield to the lowest value of $18,969 in Mansfield. Foreclosure homes account for 0.00% of properties in Richland County, OH with Mansfield containing 62 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.22% of all residential properties in Richland County, OH with Mansfield containing 55 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Richland County, OH; of those cities, the estimated home value for pre-foreclosure homes ranges from $395,810 in Bellville to the lowest home value of $18,969 in Mansfield.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Richland County, OH ranges from the highest value of $155,389 in Shelby to the lowest value of $60,168 in Mansfield. Bank owned homes and properties account for 0.02% of properties in Richland County, OH. There are 6 cities within Richland County, OH; Mansfield containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Mansfield has 2 auction properties, the highest number of properties going to auction in a single city in the state of Richland County, OH. Auction homes and other auction properties account for 0.01% of all properties in Richland County, OH. There are 6 cities within Richland County, OH; of those cities, the median estimated home value for homes going to auction ranges from $163,229 in Shelby to the lowest value of $26,451 in Shelby.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.37% of residential properties in Richland County, OH with Mansfield containing 126 homes for sale, the highest number of listed properties in a single city. There are 6 cities within Richland County, OH; homes for sale in those cities, have a range of median values from $699,000 in Lucas to the lowest value of $20,307 in Mansfield.
    Sold Homes
    The median value for recently sold homes ranges from $572,016 in Butler to the lowest price of $20,088 in Butler. There are 6 cities within Richland County, OH. Mansfield has 802 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.92% of properties in Richland County, OH.

      Compare Nearby Cities

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      Guide for Richland County, OH

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      Cincinnati Real Estate Market Show Consistent Growth in 2023
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      Ohio Foreclosure Laws
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      Property values in Toledo’s real estate market fluctuated in recent months, recent trend data shows.

      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
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      Market Reports|posted 28 February 2024

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      Ohio Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Ohio Foreclosure Laws