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Cheap Homes in Richfield, WI

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Top Reasons To Live In Richfield, WI In 2024

Richfield is located in Washington, Wisconsin, with an estimated municipal population of 11,854 residents. All of the best foreclosed homes for sale in Richfield are located in the following zip code areas on Foreclosure.com: 53076 53033 53017. The estimated population per square kilometer (.62 miles) in Richfield is 127.


Cost Of Living In Richfield, WI

So, about how much do homes cost in Richfield? The most recent median value of resident-owned homes in Richfield is 323,379. An estimated 97.3 percent of households in Richfield own their homes, with an average family size of 2.87. The median household income in Richfield is 105,441, with55.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Richfield, the median commute time of resident workers (in minutes) is 26.5. And last, but certainly not least, are you looking for homes to rent in Richfield? If so, the average rent price paid by renters in Richfield is 1,038, according to recent statistics.


Diversity And Demographics In Richfield, Wisconsin

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Richfield, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Richfield is 48.9, split between 51 percent male versus 49 female. The percentage of residents who report being married in Richfield is 68.8, with an average family size of 2.87.

The percentage of residents who report their race in Richfield is as follows:

White 96%
Black / African American 0.6%
Asian 2.3%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.5%
Other 0.4%

Looking for family-friendly neighborhoods in and/or near Richfield? Or maybe you are searching for 55+ active adult communities in and/or near Richfield?

The percentage of residents who report their age in Richfield is as follows:

Under 10 10.2%
Aged 10-19 11.9%
20s 7.2%
30s 8%
40s 14.5%
50s 22.3%
60s 15.6%
70s 7.4%
80+ 3.1%

Best Schools In Richfield, Wisconsin

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Richfield with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Richfield.


Pros And Cons Of Living In Richfield, Wisconsin

How do you know that living in -- or moving to -- Richfield is right where you need to be? Perhaps you grew up in Richfield or already live nearby; therefore, the decision to buy a home in Richfield is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Richfield for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Richfield:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Richfield.


Reasons To Move To Richfield, Wisconsin, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Richfield can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Richfield, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Richfield, WI


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