Richfield Real Estate Market

Richfield Market

The median sale price for homes in Richfield over the last 12 months is $166,125.


The median mortgage debt is $127,117.

Additional Statistics for Single Family Homes and Condos in Richfield, MN
$159,150
Median Listing Price
45
Median Days on Market
113
Active Listings
29.2%
Distressed Listings
(foreclosures and short sales)
Richfield, MN Price Trends - Sold vs. Listed
The median list price in May for single family homes in Richfield is $174,950. The list prices increased by 3.55% from the previous month.

The price per square foot for listings in this area is $101.

The median sale price in January for single family homes is $75,200. The sale prices dropped by -51.29% from the previous month.

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Richfield, MN Market Inventory Trends

The median number of days active properties have been listed is 26. This is significantly shorter than the national average.

The number of sales in January dropped by 93.8% from the previous month.

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Richfield, MN Property Ownership

The percent of unoccupied properties is very low in Richfield. It is -9.06% below the national average.

The percent of rental properties in Richfield is 11.51% above the national average which is typical for urban areas.

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