Market Overview
Home Prices in Richfield, UT
The median home value in Richfield, UT is $338,142 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.3% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Richfield are priced18% below average.
Over the past five years, Richfield home values have risen by approximately34.9%, reflecting strong long-term appreciation in this market.
Price History
Richfield Home Price Trend
2020
$201,079
$201K
—
2021
$250,703
$251K
+24.7%
2022
$306,869
$307K
+22.4%
2023
$316,130
$316K
+3.0%
2024
$318,054
$318K
+0.6%
2025
$324,210
$324K
+1.9%
2026
$338,142
$338K
+4.3%
City Comparison
Richfield vs. National Median
🏠 Richfield
$338,142
National Median
$410,000
At $338,142, homes in Richfield cost 18% below the national median of $410,000. This makes Richfield a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Richfield?
20% Down Payment
$67,628
on $338,142
Monthly P&I
$1,764/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,240/mo
incl. taxes & insurance
Income Needed
$89,600
gross annual (30% rule)
10% Down Option
$33,814
+ PMI applies
Loan Amount (20% dn)
$270,514
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Richfield, UT?
The median home value in Richfield is $338,142 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.3% year-over-year.
How much have home prices changed in Richfield?
Over the past year, home values in Richfield have increased by 4.3%. Over five years, prices have risen approximately 34.9%.
How much do I need to earn to buy a home in Richfield?
To comfortably afford the median home price of $338,142 with a 20% down payment ($67,628) at today's rates (6.8%), you'd need a gross annual income of approximately $89,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Richfield compare to the national average home price?
The national median home value is approximately $410,000. At $338,142, homes in Richfield are 18% below the national average.