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 Type | 0% |
| One Bedroom | 2.80% |
| Two Bedrooms | 12.60% |
| Three Bedrooms | 60.20% |
| Four Bedrooms | 20.70% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $161,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1961 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 17.80% |
| Simple Mortgage | 45.20% |
| Debt Free | 30.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
