Home prices
The median home in Richfield costs $323,700. Compared to nearby areas this is about $84,720 (35%) higher.Compared to the United States as a whole it is approximately $106,200 (48%) higher, and in comparison to the city of Chicago it is roughly $65,700 (25%) higher.
Rents
The median rent in Richfield is $1,038 a month. This is about $83 (8%) higher in comparison to other places in this area.In comparison to the nation as a whole it is roughly $24 (2%) lower, and is approximately $74 (6%) lower compared to the city of Chicago.
Nearby places
Germantown
Germantown is Richfield's neighbor to the east. The housing prices there are somewhat less expensive. The median home in Germantown is valued at $264,100, which comes out to $59,600 (22%) lower than Richfield. Rent there is similar. The median rent in Germantown is $1,064 per month, which comes out to $26 (2%) higher than Richfield.
Slinger
Slinger is roughly 6 miles north of Richfield. Real estate prices there are somewhat less expensive. The price of the median home in Slinger is $257,100, which comes out to $66,600 (25%) lower than Richfield. Rents there are a little less expensive. In Slinger the median monthly rent is $920, which is $118 (12%) lower than Richfield.
Jackson
Jackson is roughly 6 miles northeast of Richfield. Its real estate prices are a lot less expensive. The median home in Jackson is valued at $209,800, which comes out to $113,900 (54%) lower than Richfield. The rent there is pretty similar. Jackson's median rent is $1,000 per month, which comes out to $38 (3%) lower than Richfield.
Lannon
Lannon is roughly 6 miles southeast of Richfield. Its real estate prices are a lot less expensive. Lannon's median home value is $177,600, which comes out to $146,100 (82%) lower than Richfield. The rent there is a little less expensive. In Lannon the median rent is $804 per month, which works out to $234 (29%) lower than Richfield.
Sussex
Sussex is about 6 miles south of Richfield. The housing prices there are a little less expensive. The cost of the median home in Sussex is $286,300, which works out to $37,400 (13%) lower than Richfield. The rent there is somewhat less expensive. The median rent in Sussex is $987 per month, which comes out to $51 (5%) lower than Richfield.