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Richfield, MN real estate

Compare top Richfield real estate agents.

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

Jun 1, 2026 - Aug 31, 2026

Median sale price
$365K
-2.7% from Q2 '26
Median list price
$347K
-5.5% from Q2 '26
Active listings
223
+5.7% from Q2 '26
Homes sold
158
+39% from Q2 '26
New pendings
136
-4.2% from Q2 '26
New listings
155
-8.8% from Q2 '26

Quarterly Pricing Trends for Richfield

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

Quarterly Pricing Trends for Richfield Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 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: $378K 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: $348K Median sale price in Apr 2026 - Jun 2026: $375K 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: $360K 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: $340K Median list price in Jan 2026 - Mar 2026: $350K Median list price in Apr 2026 - Jun 2026: $367K 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 $360K Apr 2025 - Jun 2025 Median sale price $378K 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 $340K Jan 2026 - Mar 2026 Median sale price $348K Median list price $350K Apr 2026 - Jun 2026 Median sale price $375K Median list price $367K
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 (Jun 2026 - Aug 2026).

Richfield currently leans toward sellers, with the market gauge indicating a seller's market and only 1.5 months of supply in this rolling three-month period through August 2026. Homes are still moving at a steady clip, spending a median of 21 days on the market, and more than half are going off market within two weeks.

Prices have softened slightly while staying relatively stable year over year, with the typical home value down just a fraction compared with last year and the average sale-to-list ratio hovering around 100 percent. At the same time, the share of homes selling above asking has eased to about 40 percent, lower than a year ago, suggesting buyers have a bit more negotiation room than in past peak periods.

Inventory and activity have both strengthened compared with a year earlier, as active listings are up more than 25 percent and homes sold have climbed by roughly 30 percent in this three-month window. New listings and pending sales are also higher than last year, pointing to a busier overall market even as buyer leverage slowly improves. Whether you are a buyer trying to navigate these shifting dynamics or a seller aiming to capitalize on strong demand, Agent Pronto can connect you with a local Richfield agent who understands the current numbers and trends.



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 →


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

“Ryan provided such a wonderful real estate experience for us which all started at the early stages of planning prior to listing our White Bear Lake, MN home. During the early planning stages Ryan provided recommendations and offered guidance to market our home in this unique real estate market. After a few months of planning we listed our home with Ryan and it SOLD in just a couple days. During this time we still had not found our next home to purchase. Within a short period of time and with Ryan's large network we were notified of a new listing coming up. In a matter of a couple days we had signed and had a closing date on our NEW home that we plan to raise our family in. Ryan's truly responsible for making our experience so positive and stress free. Since closing we have recommended Ryan to friends and family. If you are looking for a top-notch real estate professional I would recommended looking no further and start your own experience with him.”

Barbara Ladd · White Bear Lake, MN

Photo of Ryan Mann
Coldwell Banker Realty
“Stevie was so incredibly patient and helpful in our home search and beyond. Couldn't recommend her enough.”

Abigail · South Saint Paul, MN

Photo of Stephanie Wimber
RE/MAX Advantage Plus
“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.”

Peter & Wendy Gay · Eagan, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“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
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
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
“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
“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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