Current Price

$195,987

1 Month Forecast

â–² $212,429

1-Year Forecast *

â–² $223,980

5-Year Forecast *

â–² $259,176

"Is it a good time to buy homes in Richfield Springs?" "Does investing in real estate in Richfield Springs (New York State, Otsego County) worth it?" According to our live Forecast System, buying a house in Richfield Springs is a good short-term (1-year) investment*. The Richfield Springs average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Richfield Springs" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Richfield Springs in New York State, Otsego County. If you are looking for homes for sale with good flipping profit, Richfield Springs can be a profitable property investment option. The median price of an average house in Richfield Springs was 195,987 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Richfield Springs" area is 259,176 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +32.24% meaning that investing 100000 USD today may yield a profit of 32,241 USD by 2031.

Current Median Listing Price: 195,987 USD Median Listing Price Per Square Foot: 109 USD

Richfield Springs Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Richfield Springs (New York State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Richfield Springs Price Target

Richfield Springs median home price target in 12 months: $223,980* (upside of 14.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $214,748 $211,384 $210,657 $215,017
2024 $188,257 $195,987 $188,257 $196,796
2023 $175,397 $187,093 $175,103 $187,093
2022 $161,360 $175,775 $161,360 $177,155
2021 $150,754 $158,507 $150,754 $158,507
2020 $132,090 $148,351 $132,090 $148,351
2019 $121,686 $132,150 $121,686 $132,150
2018 $117,177 $120,870 $116,465 $120,870
2017 $110,714 $116,520 $110,714 $116,520
2016 $108,314 $110,119 $106,885 $110,119
2015 $102,792 $107,885 $102,792 $107,885
2014 $100,105 $102,199 $100,105 $102,640
2013 $100,825 $100,190 $100,190 $102,423
2012 $103,982 $100,621 $100,621 $103,986

Questions & Answers about the Richfield Springs Housing Market Forecast

How much does an average home cost in Richfield Springs today?

The value of an average home (the listing price) in Richfield Springs is $195,987 USD.

What is the average price per square foot in Richfield Springs?

According to Walletinvestor the median price per square foot in Richfield Springs is 109 USD.

Will the median listing price of homes in Richfield Springs grow / rise / go up?

Yes. The Richfield Springs home prices may rise from 195,987 USD to 223,980 USD in one year.

Is it profitable to invest in Richfield Springs homes?

Yes. The long-term profit potential is +14.28% in one year.

Will Richfield Springs house prices fall / drop?

No. See above.

What is the predicted price of a Richfield Springs home in 2030?

The predicted home sales price of a Richfield Springs home in 2030 in Richfield Springs is 255,352 USD.

What is the predicted price of a Richfield Springs home in 2035?

The predicted home sales price of a Richfield Springs home in 2035 in Richfield Springs is 310,855 USD.

Will real estate prices decrease in Richfield Springs?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Richfield Springs is the 10121. largest city in the United States, located in New York State.

During the last 12 months the real estate prices in Otsego, Richfield Springs decreased, looking at the past 12 months.

According to Walletinvestor's Richfield Springs real estate market research, home values will increase in the next 12 months.

Median home values decreased by 8.322% to 195,987 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 14.563% in 2021
  • 15.523% in 2022
  • 12.573% in 2023
  • 14.373% in 2024
  • 15.263% in 2025
  • 16.013% in 2026

Based on our Richfield Springs real estate market research and report the predicted sales prices will increase by 280.035% in the next 10 years.

Over the last 12 months, the value of homes in Richfield Springs fluctuated: increasing 1 times and decreasing 3 times.

Richfield Springs (New York) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Richfield Springs Housing Market Forecast with Real Estate Prices for 2025
August 2025 212429 199046 225812
September 2025 213803 197768 229839
October 2025 215583 202648 228517
November 2025 217304 201006 233602
December 2025 217596 201058 234133
Richfield Springs Housing Market Forecast with Real Estate Prices for 2026
January 2026 216336 195135 237537
February 2026 215874 202059 229690
March 2026 216695 202610 230780
April 2026 218481 199473 237488
May 2026 220299 198489 242108
June 2026 222132 207249 237015
July 2026 223980 209645 238315
August 2026 225844 206421 245267
September 2026 227723 209733 245714
October 2026 229618 209871 249366
November 2026 231529 210691 252367
December 2026 232714 218286 247142
Richfield Springs Housing Market Forecast with Real Estate Prices for 2027
January 2027 232055 215347 248763
February 2027 231729 213886 249572
March 2027 231443 215242 247644
April 2027 230901 216816 244986
May 2027 230404 218423 242385
June 2027 230018 211156 248879
July 2027 230491 218736 242246
August 2027 230804 218572 243037
September 2027 231755 214141 249368
October 2027 233610 211183 256036
November 2027 235554 212705 258402
December 2027 237514 216137 258890
Richfield Springs Housing Market Forecast with Real Estate Prices for 2028
January 2028 239378 226930 251826
February 2028 240903 217054 264752
March 2028 242908 224447 261369
April 2028 244615 222111 267120
May 2028 246136 228660 263612
June 2028 246402 224473 268332
July 2028 247045 223329 270762
August 2028 248832 233156 264508
September 2028 250903 230329 271477
October 2028 252990 231233 274748
November 2028 254455 239188 269722
December 2028 255446 242162 268729
Richfield Springs Housing Market Forecast with Real Estate Prices for 2029
January 2029 254769 236935 272603
February 2029 254230 231350 277111
March 2029 253575 237853 269297
April 2029 254395 236333 272457
May 2029 256512 241634 271390
June 2029 256833 239111 274554
July 2029 255352 231349 279355
August 2029 253874 231533 276215
September 2029 252405 232213 272598
October 2029 251953 229781 274125
November 2029 252823 228047 277600
December 2029 254073 239591 268555
Richfield Springs Housing Market Forecast with Real Estate Prices for 2030
January 2030 255717 242675 268758
February 2030 257845 237475 278215
March 2030 259904 246389 273419
April 2030 260253 235529 284977
May 2030 258746 245033 272460
June 2030 258194 234182 282206
July 2030 259176 236368 281983
August 2030 261311 236748 285874
September 2030 263485 249257 277714
October 2030 265678 250003 281353
November 2030 267889 243511 292267
December 2030 270118 254181 286055
Richfield Springs Housing Market Forecast with Real Estate Prices for 2031
January 2031 272366 251938 292793
February 2031 274632 251563 297701
March 2031 276917 254210 299625
April 2031 278335 258294 298375
May 2031 277547 255898 299195
June 2031 277156 255815 298497
July 2031 276815 251348 302282
August 2031 276166 252692 299640
September 2031 275571 257659 293484
October 2031 275110 253101 297119
November 2031 275676 258033 293319
December 2031 276051 261972 290129
Richfield Springs Housing Market Forecast with Real Estate Prices for 2032
January 2032 277187 262219 292156
February 2032 279406 262083 296729
March 2032 281731 266799 296663
April 2032 284075 267315 300836
May 2032 286305 267409 305201
June 2032 288129 262197 314061
July 2032 290527 264379 316674

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.