Richfield, WI—53017
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Richfield, WI
As of Oct '25, the median home price in Richfield, WI is $540,000, with a year-over-year change of 1.8%. This indicates that home prices in Richfield, WI are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $540,000 | 1.8% |
| Single Family | $539,000 | 2.7% |
| 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 | $503,000 | 4.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Richfield, WI
Richfield, WI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,180 | $2,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,180 | $2,180 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Richfield, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Richfield, WI is 49. This is a increase of 26.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $675,000 | 8.0% |
Listing Count | 17 | -11.0% |
| Listings as % of Homes | 0.4% | -11.0% |
Days on Market | 49 | 26.0% |
Demographics — Richfield, WI
As of the latest ACS Survey released in 2023, Richfield, WI has a population of 5,280, which has decreased by -8.3% over the past 5 years. Richfield, WI is a moderately popular place for families, as children make up 20.0% of the population. The area has a highly educated workforce, with 56.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,280 | -8.3% |
% Under 18 | 20.0% | -10.7% |
% Seniors | 18.5% | 32.1% |
% WFH | 19.7% | 91.3% |
% w/ College Degree | 56.5% | 34.2% |
As of the latest ACS Survey released in 2023, Richfield, WI is a predominantly white area, with 93.5% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Richfield, WI is asian, making up 1.7% of the population. Foreign-born residents account for 2.1% of the population in Richfield, WI, and this percentage has increased by 133.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.5% | -3.1% |
% Black | 0.3% | -57.1% |
% Hispanic | 1.1% | -15.4% |
% Asian | 1.7% | 183.3% |
% Foreign Born | 2.1% | 133.3% |
Mortgage and Risk — Richfield, WI
Richfield, WI lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Richfield, WI
Richfield, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,170 |
| 2 Bedroom | N/A | N/A | $1,390 |
| 3 Bedroom | -$460 | $2,180 | $1,720 |
| 4 Bedroom | N/A | N/A | $1,880 |
Affordability — Richfield, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $540,000 |
| Median Household Income | $160,000 |