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Investment Properties for Sale in Richfield, Utah
Richfield is one of the more practical investment markets in rural Utah. As the seat of Sevier County and the largest town between Nephi and Cedar City along the I-15/I-70 corridor, it carries a real economic base — Sevier Valley Hospital, Snow College's Richfield campus, county and state offices, and a steady flow of energy, mining, and highway-construction workers. That combination keeps long-term tenants in the market year-round, which is something a lot of small Utah towns can't claim. Entry prices remain well below the Wasatch Front, and gross rents on solid 3-bed homes near Main Street, the hospital, or the college routinely support workable cash flow at today's loan rates.
Short-term rental math also pencils for some buyers here. Richfield is the natural overnight stop for travelers heading to Capitol Reef, Fish Lake, the Paiute ATV Trail, and the deer and elk units across the Tushar and Fishlake mountains, so weekend and hunting-season occupancy tends to hold up. Just confirm the current Richfield City STR ordinance before you commit — rules differ inside city limits versus unincorporated Sevier County parcels in places like Annabella, Glenwood, or Central Valley. Inventory across all of these strategies is thin, so investor-grade listings move when they're priced right. Browse the active Richfield listings below to see what's currently on the market and where the numbers might work.
June 2026 · Richfield market
Live from the Utah MLS — what's actually happening in Richfield right now.
Median sale
$200,000
3 closed in June 2026
Median DOM
6 days
listing → contract
Sale-to-list
97.9%
of final list price
Unsold inventory
38
active + pending
20 matching · page 1 of 1
Active listings
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Common questions
About investment properties in Richfield.
What kind of rental demand does Richfield have? ▾
Richfield is the regional hub for Sevier County and pulls steady renters from Sevier Valley Hospital staff, Snow College Richfield campus students, and traveling workers tied to coal, gypsum, and highway projects along I-70. Long-term single-family rentals lease quickly, and the small multi-family stock turns over rarely, so vacancies tend to be short when units are priced reasonably.
Are short-term rentals viable in Richfield? ▾
STRs work here because Richfield sits at the I-70/US-89 crossroads and feeds traffic heading to Capitol Reef, Fishlake, and Big Rock Candy Mountain. Nightly rates are lower than Moab or Springdale, but occupancy is supported year-round by hunters in fall, snowmobilers at Fish Lake in winter, and ATV/UTV riders on the Paiute Trail spring through fall. Check current Richfield City ordinances before buying — STR rules are stricter inside city limits than in surrounding county areas.
What price range should investors expect? ▾
Most single-family rental candidates in Richfield trade in the $280K–$450K range, with older homes near Main Street and the college on the lower end and newer builds on the south side pushing higher. Small duplexes and fourplexes, when they list, typically run $450K–$700K. Cash-on-cash returns here generally beat Wasatch Front markets because entry prices stayed reasonable.
What neighborhoods do investors usually target? ▾
The blocks around 100 North and 200 East near the college and hospital see consistent tenant demand. The older grid east of Main Street offers cheaper entry points and bungalow-style homes that renovate well. South Richfield has newer construction with higher rents but tighter cap rates. Annabella and Glenwood just outside town occasionally surface deals with acreage for tenants who want a horse or shop.
How far is Richfield from Salt Lake City and St. George? ▾
Richfield is about 160 miles south of Salt Lake City (roughly 2.5 hours up I-15 and I-70) and about 160 miles northeast of St. George. That central location is part of what keeps the rental base diverse — it serves both north and south Utah commercial traffic.
Are there property managers active in the area? ▾
Yes, but the pool is small compared to Wasatch Front cities. A handful of local managers handle most Sevier County rentals, and several SLC-based firms will take on Richfield doors if you have multiple units. Many out-of-area investors self-manage with a local handyman on call since tenant turnover is low.