Why Live in Richfield
Richfield, Wisconsin, is a small community located 27 miles northwest of Milwaukee, known for its scenic rural backdrop and outdoor activities. The village has a population of approximately 11,700 and retains a tight-knit atmosphere with many original families still residing in the area. Richfield offers a variety of housing options, from affordable homes to more expensive properties, including 1890s brick homes, 1950s cabins, and modern ranch-style houses. The community is served by highly rated schools such as Friess Lake Elementary, Richfield Middle School, and Germantown High School, which boast strong academic ratings and favorable student-teacher ratios.
Outdoor recreation is a significant draw, with residents enjoying skiing, hiking, fishing, and golfing. The Loew Lake Unit of the Kettle Moraine State Forest provides over 1,000 acres for various activities, while Friess Lake and Bark Lake offer opportunities for boating and fishing. Richfield Historical Park features hiking trails and historical structures, and the Kettle Hills Golf Course provides a relaxing afternoon activity. Local dining options include Pleasant Hill Bar & Grill, The Copper Dock, and Joe Mama’s Bar & Grill, while Richfield Plaza offers a range of businesses and services.
Community events are a staple in Richfield, with activities such as the Luminary Walk, Richfield Days festival, and the Richfield Lions Club chicken roast fostering a sense of togetherness. Although the village lacks a bus system and is not highly walkable, residents often commute to Milwaukee for work and travel, with Milwaukee Mitchell International Airport located about 5 miles south of downtown Milwaukee.
Home Trends in Richfield, WI
On average, homes in Richfield, WI sell after 24 days on the market compared to the national average of 70 days. The median sale price for homes in Richfield, WI over the last 12 months is $570,000, up 104% from the median home sale price over the previous 12 months.
Median Sale Price
$570,000
Median Single Family Sale Price
$684,145
Median 2 Bedroom Sale Price
$480,000
Average Price Per Sq Ft
$468
Number of Homes for Sale
1
Last 12 months Home Sales
38
Median List Price
$659,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
104%