Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 125,138 ↑ 0.2% since 2020 |
| Median Household Income | $57,649 23% below national median |
| Median Home Value | $154,000 |
| Unemployment Rate | 4.8% |
| Median Age | 40.9 years |
| Housing Vacancy Rate | 8.3% |
| Total Land Sales (Past 12 Months) | 188 transactions |
| Active Listings | 46 properties |
| Avg Days on Market | 415 days |
Rural Land Sales (1+ Acres) (Jan 2026 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $15,557 |
| Recent Sales | 143 transactions |
| Avg Days on Market | 405 days |
| Avg Parcel Size | 15.80 acres |
| Active Listings | 27 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Feb 2026 | 54.28 | $350,000 | $6,448 | Mansfield |
| Feb 2026 | 2.51 | $35,000 | $13,944 | Mansfield |
| Feb 2026 | 1.24 | $48,400 | $39,032 | Mansfield |
| Feb 2026 | 68.40 | $650,000 | $9,503 | Perrysville |
| Jan 2026 | 24.45 | $391,050 | $15,994 | Mansfield |
| Jan 2026 | 79.00 | $817,425 | $10,347 | Lucas |
| Jan 2026 | 105.11 | $945,000 | $8,991 | Mansfield |
| Jan 2026 | 105.11 | $945,000 | $8,991 | Mansfield |
| Jan 2026 | 1.50 | $50,000 | $33,333 | Mansfield |
| Jan 2026 | 20.50 | $193,725 | $9,450 | Lucas |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Jan 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $18,000 |
| Recent Sales | 45 transactions |
| Avg Days on Market | 449 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 19 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Jan 2026 | 0.42 | $18,000 | Mansfield |
| Jan 2026 | 0.34 | $47,500 | Mansfield |
| Jan 2026 | 0.34 | $47,500 | Mansfield |
| Dec 2025 | 0.57 | $20,000 | Shelby |
| Dec 2025 | 0.34 | $12,000 | Shelby |
| Dec 2025 | 0.25 | $10,000 | Bellville |
| Dec 2025 | 0.55 | $30,000 | Mansfield |
| Nov 2025 | 0.56 | $10,000 | Mansfield |
| Nov 2025 | 0.46 | $19,000 | Plymouth |
| Sep 2025 | 0.41 | $35,000 | Mansfield |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 125,138 |
| Population (2020) | 124,936 |
| Population Growth | 0.16% |
| Median Household Income | $57,649 |
| Median Home Value | $154,000 |
| Total Housing Units | 54,616 |
| Vacant Housing Units | 4,548 |
| Housing Vacancy Rate | 8.3% |
| Median Age | 40.9 |
| Bachelor's Degree or Higher | 9,853 (7.9%) |
| Unemployment Rate (BLS) | 4.8% |
Market Overview
Richland County, Ohio has a population of 125,138, which has grown 0.16% since 2020. The median household income is $57,649, below the national median of $74,580 by 22.7%. With a median home value of $154,000 and an unemployment rate of 4.8%, the local economy is moderate. The housing vacancy rate of 8.3% suggests balanced market conditions. The county's location in Ohio makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $15,557 per acre, with properties averaging 15.80 acres. There are currently 46 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Richland County, Ohio?
As of the 2023 American Community Survey, Richland County has a population of 125,138. The county has grown 0.16% since the 2020 Census, indicating a growing community.
What is the median household income in Richland County?
The median household income in Richland County is $57,649, which is 22.7% below the national median of $74,580.
Is Richland County growing or shrinking?
Richland County is growing. The population has increased 0.16% since 2020.
What is the housing market like in Richland County?
The median home value in Richland County is $154,000. The housing vacancy rate is 8.3%, which suggests balanced market conditions. The unemployment rate is 4.8%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $15,557 per acre. Suburban/urban lots under 1 acre have a median lot price of $18,000.
Does Reelvest buy land in Richland County, Ohio?
Yes! Reelvest Properties buys vacant land throughout Ohio, including Richland County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.