Richfield, PA—17086
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Richfield, PA
Richfield, PA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $217,000 | -0.5% |
| Single Family | $217,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Richfield, PA
As of July '25, Rentcast reports the average rent in Richfield, PA is $700, with a year-over-year rent change of -15.2%. Per bedroom, the median rent as of July '25 in Richfield, PA is 2-bedrooms: $700. The most common rental property sizes in Richfield, PA are 3-bedroom and 1-bedroom, accounting for 35.0% and 23.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $700 | $700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $700 | $700 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Richfield, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Richfield, PA is 31. This is a increase of 103.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $254,000 | -22.0% |
Listing Count | 3 | 120.0% |
| Listings as % of Homes | 0.2% | 120.0% |
Days on Market | 31 | 103.0% |
Demographics — Richfield, PA
As of the latest ACS Survey released in 2023, Richfield, PA has a population of 2,000, which has decreased by -17.1% over the past 5 years. Richfield, PA is a moderately popular place for families, as children make up 17.5% of the population. The area has a poorly educated workforce, with 9.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,000 | -17.1% |
% Under 18 | 17.5% | -21.2% |
% Seniors | 23.8% | 50.6% |
% WFH | 11.9% | 240.0% |
% w/ College Degree | 9.3% | -32.6% |
As of the latest ACS Survey released in 2023, Richfield, PA is a predominantly white area, with 97.8% of the population identifying as white. The white population has grown by 4.9% in the last 5 years. The second most common race or ethnicity in Richfield, PA is hispanic, making up 0.7% of the population. Foreign-born residents account for 0.9% of the population in Richfield, PA, and this percentage has decreased by 62.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.8% | 4.9% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.7% | -74.1% |
% Asian | 0.6% | -80.0% |
% Foreign Born | 0.9% | -62.5% |
Mortgage and Risk — Richfield, PA
According to HUD data as of 2023, there were 60 mortgage originations in Richfield, PA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Richfield, PA. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Richfield, PA
Richfield, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | $210 | $700 | $910 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Richfield, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $217,000 |
| Median Household Income | $65,800 |