Cash-buyer and investment activity over the last 12 months.
Data last updated
In Richfield, investors own about 174 tracked properties across 7 active buyers, with a median investor purchase price near $631,000. 9 were acquired in the last 12 months.
Richfield has 7 active cash buyers holding roughly 174 properties. Over the last 12 months they averaged under 1.3 purchases each, so the buyer pool is broad rather than concentrated: more names to work, with fewer deals riding on any single relationship.
Acquisition pace is cooling. Investors bought 9 properties in the last 12 months against roughly 46 the year before — down about 80%. Fewer buyers are competing per deal, which usually means more room to negotiate but a longer search for the right one.
The median investor purchase lands near $631,000. The average of $638,000 is close behind it, so purchases cluster in a fairly tight band rather than splitting into distinct price tiers.
The dominant play is new construction, at 71.1% of tracked activity. Buyers here are absorbing newly built inventory, so wholesalers working tired or distressed stock are pitching against the grain of what most of this market's capital is currently doing.
The median investor-owned home was built around 2023. Only about 0.7% predates 1980, so the stock skews newer and rehab scopes tend to be lighter.
Activity is not spread evenly. ZIP 44286 is absorbing the most investor purchases in Richfield, and it is the fastest place to start if you are building a buyer list from scratch.
Figures describe recorded investor purchases in this city and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.