Village in Washington County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.
| Typical home value | $563,065 |
|---|---|
| 1-year change | +5.2% |
| 5-year change | +31.8% |
| Typical rent | not published |
The typical home in Richfield, Wisconsin is worth about $563,065 as of 2026-07-03, up 5.2% over the past year and up 31.8% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
Richfield's five-year number is the one to start with: home values up 31.8% over the five years ending April 2026, reaching a typical value of $563,065. That ranks third of Washington County's 15 municipalities.
The village prices about $94,900 — 20% — above the Washington County median of $468,207, and about $107,200 above the seven-county region median of $455,834. The most recent year added 5.2%.
Unusually for a single village, Richfield spans three ZIP codes with materially different price levels: 53076 at $584,692, 53017 at $565,786, and 53033 at $507,286 — a spread of more than $77,000 from top to bottom.
Among nearby Washington County markets, Richfield's $563,065 sits below Erin ($636,197) and Polk ($582,632) and well above Wayne ($518,242) and Farmington ($496,122). Third of 15 is the rank; the $94,858 gap to the county median is the plainer statement of where it stands.
Growth has eased modestly from its five-year pace. A 31.8% five-year gain implies roughly 5.7% annualized; the latest year's 5.2% is a shade under that. A half-point difference is not a trend reversal — it reads as a strong market moving slightly less fast than its own recent average, with no guarantee in either direction.
The ZIP spread matters more here than in most municipalities. A budget stretches roughly 15% further in the 53033 portion ($507,286 typical) than in 53076 ($584,692), so any valuation or offer strategy should specify the ZIP, not just the village.
| ZIP code | Typical home value | 1-year change | Typical rent |
|---|---|---|---|
| 53076 | $584,692 | +5.1% | — |
| 53017 | $565,786 | +5.8% | — |
| 53033 | $507,286 | +5.3% | — |
| Homes sold (arms-length, single-family) | 213 |
|---|---|
| Median sale price | $505,000 |
| Middle 50% of sales | $270,000 to $685,000 |
| Government-backed financing (FHA/VA/USDA) | 2.8% |
| Seller-financed | 0.5% |
Over the 12 months ending June 2026, 213 single-family homes sold in Richfield, Wisconsin in arms-length transactions, at a median price of $505,000. Half of those sales fell between $270,000 and $685,000. Source: Wisconsin Department of Revenue real estate transfer returns, compiled by Sawar Homes — every recorded sale, including for-sale-by-owner and builder-direct transactions that never appear in the MLS.
Zillow’s typical-home-value estimate for Richfield is $563,065, while homes that actually changed hands had a median price of $505,000 — a difference of -10.3%. These measure different things, and neither is wrong: the index estimates the value of every home whether or not it sold, while the sale figure reflects only the homes that changed hands, which usually skew toward the more affordable end of the market.
Buyers should start with the ZIP, then the property. The same Richfield address label covers typical values from $507,286 to $584,692, so comps pulled village-wide can mislead by tens of thousands of dollars. The 31.8% five-year run means today's entry point is well above where it stood at the start of the window, and while the 5.2% latest-year pace has eased slightly from that average, the data offers no basis for expecting a pullback — or for ruling one out.
Sellers have a 31.8% five-year gain and a 20% premium over the Washington County median as anchors, but pricing should be built on ZIP-level comps: a 53076 property and a 53033 property carry meaningfully different typical values despite sharing a municipality. Nearby Erin ($636,197) and Polk ($582,632) pricing above Richfield gives upper-bound context that buyers will also be looking at.
Richfield spreads across the kettle-and-kame hills of southern Washington County, with Glacier Hills County Park on Friess Lake and the restored Messer/Mayer grist mill at Richfield Historical Park among its landmarks. The US 41/45 split runs through the village, keeping Menomonee Falls and Milwaukee's northwest side within an easy commute.
Dates and details change year to year — check each event’s organizers for current schedules.
$563,065 as of April 30, 2026 — third of Washington County's 15 municipalities and about $94,900 above the county median of $468,207.
The village spans three ZIPs with different typical values: 53076 at $584,692, 53017 at $565,786, and 53033 at $507,286 — a spread of more than $77,000. ZIP boundaries and village boundaries are not the same lines, so location within Richfield matters to price.
31.8% over the five years ending April 2026, and 5.2% over the most recent year. Past appreciation does not guarantee future results.
It is about 20% above the county median of $468,207 and ranks third of 15 municipalities. Nearby Erin ($636,197) and Polk ($582,632) post higher typical values.
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Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®, serving Milwaukee and Southeast Wisconsin (Milwaukee, Waukesha, Ozaukee, Washington, Racine, Kenosha, and Walworth counties). Email: [email protected] · Phone: (618) 713-2964.
How to choose a real estate agent in Richfield and Milwaukee — a five-question checklist
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Home values and rents are Zillow ZHVI/ZORI estimates for the named area, as of 2026-07-03; incomes and population are U.S. Census (SAIPE, Population Estimates); migration is IRS Statistics of Income. Area-level statistical estimates for information only — not an appraisal, and not financial, legal, or tax advice.