Commercial Real Estate Market in Richfield, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 137 off-market properties in Richfield, WI.
Market Trends
Richfield, WI spans 22.4 square miles in Washington County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Richfield, WI asks $147/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Richfield, WI asks $101/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Richfield, WI runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Richfield, WI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 96.9%
- Residential 2.4%
- Civic 0.4%
- Industrial 0.3%
- Commercial 0.1%
Largest Zones share of zoned land by district
Exclusive Agricultural District
Exclusive Agricultural District
Secondary Agricultural District
Rural Residential District
Public And Semi Public District
Exclusive Agricultural District (A-1)
A-1, Exclusive Agricultural District. The A-1, Exclusive Agricultural District is intended to provide for the continuation of general farming and related uses in those areas of the Village that are not committed to urban development. It is further the intent of the A-1 District to protect rural lands in the Village from other nonfarming development until the…
Market overview
Demographics & Economy
Richfield, WI has 3,760 residents in 1,268 households. Density runs 168 people per square mile. Median household income here is $115,053 and median gross rent $1,257 a month.
3,760
Population
1,268
Households
3
Avg Household Size
46
Median Age
47%
College-Educated
99%
High-School Grad
22.4 sq mi
ZIP Area
168
Density / Sq Mi
$115,053
Median Household Income
$60,972
Median Earnings
$1,257
Median Rent
$450,400
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
Where does Realmo's Richfield market data come from?
Realmo compiles Richfield, WI figures from 7 recent recorded sales, 1 active sale listings, 137 tracked off-market properties, the current Richfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Richfield, WI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 22,645 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
