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Richfield, MN real estate

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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Richfield real estate Market Report.

Information and statistics on the latest trends in the Richfield real estate market. *

Latest Rolling 3-Month Snapshot

Feb 1, 2026 - Apr 30, 2026

Median sale price
$350K
+0.8% from Q1 '26
Median list price
$377K
+7.7% from Q1 '26
Active listings
160
+28% from Q1 '26
Homes sold
82
+1.2% from Q1 '26
New pendings
103
+18% from Q1 '26
New listings
109
+43% from Q1 '26

Quarterly Pricing Trends for Richfield

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Richfield Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $335K Median sale price in Jul 2021 - Sep 2021: $325K Median sale price in Oct 2021 - Dec 2021: $320K Median sale price in Jan 2022 - Mar 2022: $345K Median sale price in Apr 2022 - Jun 2022: $360K Median sale price in Jul 2022 - Sep 2022: $335K Median sale price in Oct 2022 - Dec 2022: $306K Median sale price in Jan 2023 - Mar 2023: $325K Median sale price in Apr 2023 - Jun 2023: $347K Median sale price in Jul 2023 - Sep 2023: $345K Median sale price in Oct 2023 - Dec 2023: $325K Median sale price in Jan 2024 - Mar 2024: $331K Median sale price in Apr 2024 - Jun 2024: $363K Median sale price in Jul 2024 - Sep 2024: $370K Median sale price in Oct 2024 - Dec 2024: $352K Median sale price in Jan 2025 - Mar 2025: $375K Median sale price in Apr 2025 - Jun 2025: $380K Median sale price in Jul 2025 - Sep 2025: $340K Median sale price in Oct 2025 - Dec 2025: $354K Median sale price in Jan 2026 - Mar 2026: $347K Median list price in Apr 2021 - Jun 2021: $319K Median list price in Jul 2021 - Sep 2021: $315K Median list price in Oct 2021 - Dec 2021: $311K Median list price in Jan 2022 - Mar 2022: $325K Median list price in Apr 2022 - Jun 2022: $333K Median list price in Jul 2022 - Sep 2022: $325K Median list price in Oct 2022 - Dec 2022: $320K Median list price in Jan 2023 - Mar 2023: $330K Median list price in Apr 2023 - Jun 2023: $345K Median list price in Jul 2023 - Sep 2023: $345K Median list price in Oct 2023 - Dec 2023: $324K Median list price in Jan 2024 - Mar 2024: $350K Median list price in Apr 2024 - Jun 2024: $352K Median list price in Jul 2024 - Sep 2024: $360K Median list price in Oct 2024 - Dec 2024: $350K Median list price in Jan 2025 - Mar 2025: $361K Median list price in Apr 2025 - Jun 2025: $360K Median list price in Jul 2025 - Sep 2025: $340K Median list price in Oct 2025 - Dec 2025: $339K Median list price in Jan 2026 - Mar 2026: $350K Apr 2021 - Jun 2021 Median sale price $335K Median list price $319K Jul 2021 - Sep 2021 Median sale price $325K Median list price $315K Oct 2021 - Dec 2021 Median sale price $320K Median list price $311K Jan 2022 - Mar 2022 Median sale price $345K Median list price $325K Apr 2022 - Jun 2022 Median sale price $360K Median list price $333K Jul 2022 - Sep 2022 Median sale price $335K Median list price $325K Oct 2022 - Dec 2022 Median sale price $306K Median list price $320K Jan 2023 - Mar 2023 Median sale price $325K Median list price $330K Apr 2023 - Jun 2023 Median sale price $347K Median list price $345K Jul 2023 - Sep 2023 Median sale price $345K Median list price $345K Oct 2023 - Dec 2023 Median sale price $325K Median list price $324K Jan 2024 - Mar 2024 Median sale price $331K Median list price $350K Apr 2024 - Jun 2024 Median sale price $363K Median list price $352K Jul 2024 - Sep 2024 Median sale price $370K Median list price $360K Oct 2024 - Dec 2024 Median sale price $352K Median list price $350K Jan 2025 - Mar 2025 Median sale price $375K Median list price $361K Apr 2025 - Jun 2025 Median sale price $380K Median list price $360K Jul 2025 - Sep 2025 Median sale price $340K Median list price $340K Oct 2025 - Dec 2025 Median sale price $354K Median list price $339K Jan 2026 - Mar 2026 Median sale price $347K Median list price $350K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
16
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Feb 2026 - Apr 2026).

Richfield is currently tilted toward sellers, with the market gauge indicating a seller’s market and only about two months of supply. Homes are typically priced around a $350,000 typical home value, while the median list price is higher at about $377,000, reflecting firm seller expectations in this rolling three-month view.

Looking at pricing trends over the past year, the typical home value is down modestly year over year, yet list prices are slightly higher, suggesting sellers are still testing the upper end of the market. At the same time, about 41 percent of homes are selling above list, and the average sale-to-list ratio is just over 100 percent, so many properties are still commanding at or above asking prices.

Activity and pace have shifted noticeably compared with a year ago, as active listings are up while new listings are down, pointing to more inventory staying on the market longer. Median days on market over this rolling period is around 30 days, much higher than a year ago, which gives buyers a bit more breathing room even in a seller-leaning environment. Whether you’re a buyer navigating these changing conditions or a seller aiming to price correctly and capture strong offers, Agent Pronto can connect you with a local Richfield agent who understands this market.



Learn more about what Richfield has to offer.

Richfield offers residents a welcoming, family-friendly community with extensive parks and trails, strong schools, safe neighborhoods, and convenient access to regional amenities and employment.

Richfield offers a highly accessible, close‑in location with practical everyday convenience. Just south of Minneapolis and near Minneapolis–Saint Paul International Airport, the city appeals to residents who value short commutes, reliable transit, and easy access to jobs, shopping, and recreation.

Neighborhoods blend tidy single‑family homes, townhomes, and apartments, often within walking distance of parks and schools. Families appreciate the local school options, including Richfield High School, and the city’s extensive park system, from Veterans Memorial Park with its ice arena and outdoor pool to trails that connect with Fort Snelling State Park. Daily errands are simplified by major retail at Mall of America just to the east and neighborhood commercial hubs along Penn and Lyndale avenues.

Richfield’s compact size and grid layout make it easy to navigate by car, bus, bike, or on foot. Transit routes connect quickly to downtown Minneapolis, the airport, and regional job centers. Community life is supported by resources like the Richfield Community Center and Hennepin County Library – Minneapolis Central, which many residents access via nearby transit corridors.

Whether you are moving across town or relocating from out of state, the right local agent can clarify neighborhood nuances, school boundaries, and market trends, making decisions more confident and less stressful. Agent Pronto connects both buyers and sellers with Richfield experts who know how to simplify each step.

Find your Richfield real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Susan helped me sell my dad's house after he unexpectedly passed away in 2025. She was so kind and empathetic about my situation, and very patient as it took us months to empty the house before it was listed. But from the start she worked hard to get us the right resources and information. She was incredibly helpful during the selling process and gave great suggestions on price. She made the process pretty easy!”

Cyndi · Apple Valley, MN

Photo of Susan Jackson
RE/MAX Results
“I purchased my first home with the help of Heather Warner. From a quick google search of realators specializing in first time homebuyers I found the Barker Hedges team which led me to Heather. Leaning heavily on her experience I had unwavering faith in her to provide valuable consultation in all aspects of the house buying process. Strongly reccomend Heather to any homebuyers. She simplified the process for me tremedously and will was extremely honest in the house touring process. She will be a strong voice for you communicating at a very high level.”

Nate · Blaine, MN

Photo of Heather Warner
RE/MAX REMAX Results
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”

PCG · Rochester, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“Jennifer was a pleasure to work with, along with being professional and educated on all aspects of the transaction. She was able to provide insight into the market and reacted to the situation. Plus we had lots of fun working together!”

Diane Smith · Tampa, FL

Photo of Jenny Dedrick
exp realty
“I had an exceptional experience working with my real estate agent in selling my house in Plymouth, Minnesota. He provided invaluable advice on repairs, staging, and pricing, ensuring that every aspect of the sale was optimized. He even took the time to show me comparable properties, helping me determine the best listing price. Thanks to his expertise and dedication, I’m taking the time to leave reviews on multiple websites. I couldn’t have asked for a better realtor.”

Josh · Plymouth, MN

Photo of Minnesota Property Group
RE/MAX Results
“Shari was wonderful to work with. We have known each other for years but never worked together in this capacity. It is very obvious how much she loves her job! She was knowledgable and took my needs into consideation throughout the whole process. It was wonderful to work with her!”

Michele Berndt · Albertville, MN

Photo of Shari McGuire
Pemberton RE
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
Keller Williams Premier Realty
“Great job. Skip was great to work with.”

Mary C. · St. Cloud, MN

Photo of Skip Halverson
RE/MAX Results
“I was pleasantly surprised when I only had 1 phone call from realtors. My realtor (Jeremy) was amazing. I believe his commitment is what sold the house. He was very fluent in keeping in touch and letting me know what was happening.”

Tammey A. · Coon Rapids, MN

Photo of Jeremy Ellingson
RE/MAX Advantage Plus
“Christina was an excellent Realtor to work with. Everything went very smoothly from start to finish.”

Dave K. · North Saint Paul, MN

Photo of Christina Chatlain
Keller Williams Premier Realty
“My family enjoyed working with Polina! She was friendly and always kept things real! She was more then just an agent!! Polina, was always easy to communicate with and promptly answered any questions or concerns!”

Heather · Inver Grove Heights, MN

Photo of The Kilpela Group
National Realty Guild
“Awesome agent. Took time to listen to my needs and desires and went out to find my dream house. This guys knows how to get the job done. I wish more people had the compassion and skill. This was a very pleasant experience.”

Diane and Jesse · North Branch, MN

Photo of The Mike VanGrinsven Group
RE/MAX Professionals
“This service was fast and easy to use. I ended up using the first realtor that came up, and she turned out to be just fabulous.”

Gregg D. · West Saint Paul, MN

Photo of Misty May & Team
Coldwell Banker Realty
“Working with Chad was a joy. He was very open to what my selling process would be like. I would definitely use Chad again for any home buying/selling needs.”

Fred L. · Hastings, MN

Photo of Chad Baker
RE/MAX Advantage Plus
“My partner and I worked with Kong for 4 months and he helped us buy our home. Throughout the whole process, Kong was extremely professional, responsive, honest and knowledgeable. He really worked with our availability during all the showings. He also helped us through a difficult situation with the sellers. We would definitely recommend and work with Kong again!”

Kelsey · St. Paul, MN

Photo of Kong Lee
Partners REalty
“Glad to have made this decision to use Jeff. He did a good job for us!”

Judi G. · Oak Grove, MN

Photo of Jeff Tollefson
RE/MAX Real Estate Properties
“Collin really took the time to make sure we understood everything about the process of buying our home. He was patient with us and never pressured us into settling.”

Jade Erickson · St. Paul, MN

Photo of Collin Vold
EXP Realty MN

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Richfield. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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