Is Richfield a buyer's or seller's market right now?

Richfield is currently a balanced market with 3.5 months of supply. Homes are selling at 93.3% of list price. The Ridley Sell Score for Richfield is 47/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Richfield?

The median home price in Richfield is $253,750, up 63.7% year-over-year. The median price per square foot is $201. Homes sell in a median of 102 days with a sale-to-list ratio of 93.3%.

How much does it cost to sell a home in Richfield, New York?

On a $253,750 home in Richfield, a traditional listing agent charges around $7,613 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $20,300 or more. With Ridley Essentials ($999) you save $6,614, and with Ridley Pro ($3,499) you save $4,114 while getting full agent support.

How does Ridley's flat fee compare to a traditional Richfield agent?

A traditional Richfield listing agent typically charges 3% of the sale price — about $7,613 on a $253,750 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $6,614–$4,114 compared to a traditional agent.

How long does it take to sell a home in Richfield?

The median home in Richfield currently spends 102 days on the market before going under contract, up 17% from last year. At a 93.3% sale-to-list ratio, sellers are seeing some negotiation. Only 42.9% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in New York?

No. New York does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $253,750 home, that could save you up to $4,114.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in New York. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $7,613 commission.

National/New York

Richfield, NY

Is Now a Good Time to Sell in Richfield, New York?

The median home in Richfield sells for $253,750 with prices up 63.7% year-over-year. The average seller pays $7,613 in commissions — Ridley’s flat fee saves you $4,114.

Richfield Real Estate Market Conditions — April 2026

47out of 100

Ridley Sell Score

How it's scored →

Cooling

47/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Richfield market is cooling, and sellers need to be strategic. Price drops are common, so pricing accurately from the start is critical. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

3.5 months of supply — near the balanced threshold of 5 months. New York average is 2.4.

Price MomentumFavors sellers

Prices up 63.7% year-over-year — vs. +16.2% statewide.

Seller LeverageFavors buyers

Homes selling at 93.3% of asking — buyers are negotiating 6.7% below list. New York average is 98.4%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the New York average of 33.9%.

Sale SpeedFavors buyers

102 median days on market — 26 days slower than the New York average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 16.2% statewide.

Price StabilityFavors buyers

42.9% of listings have dropped their price — accurate initial pricing is critical. New York average is 13.1%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$253,750

+63.7%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

102

+17%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$201

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

93.3%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

3.5

Balanced

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Not Very Competitive

Price Drops

Percentage of active listings that had a price reduction.

42.9%

Price carefully

12-Month Price Trend

$19,000 → $253,750

▲1235.5%

$200K$100K

MayJulSepNovJanMarApr

Data updated April 2026

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Richfield — delivered monthly.

Your savings

How much can you save selling your home in Richfield?

The average Richfield homeowner saves $4,114 by selling with Ridley instead of paying the traditional 3% listing commission on a $253,750 home.

$0Estimated savings

That could furnish your new living room — save 1.6% of your home value

Your Richfield home value

$253,750

$50,000$10M

Traditional Agent (3%)

$7,613

Ridley Pro (flat fee)

$3,499

Ready to sell in Richfield?

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Cost comparison

How much does it cost to sell a house in Richfield?

The total cost to sell a house in Richfield in 2026 ranges from $999 with Ridley Essentials to approximately $7,613 with a traditional 3% commission on a $253,750 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$7,613	$3,499	$999	$0
Buyer agent	$7,1052.8% avg	$5,075~2% avg	$5,075~2% avg	$7,1052.8% avg
Closing costs (~1.5%)	$3,806	$3,806	$3,806	$3,806
Total cost	$18,524	$12,380	$9,880	$10,911
Net proceeds	$235,226	$241,370	$243,870	$242,839
You save	—	$6,144	$8,644	$7,613No support