The Richfield housing market is most competitive. The median sale price of a home in Richfield was $380K last month, up 5.0% since last year. The median sale price per square foot in Richfield is $221, up 3.8% since last year.
What is the housing market like in Richfield today?
In June 2025, Richfield home prices were up 5.0% compared to last year, selling for a median price of $380K. On average, homes in Richfield sell after 13 days on the market compared to 18 days last year. There were 39 homes sold in June this year, down from 43 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$380,000
+5.0% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Richfield, MN
$380,000
+5.0%
United States
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How hot is the Richfield housing market?
Richfield is most competitive. Homes sell in 13 days.
0
100
90
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 13 days.
Hot homes
can sell for about 7% above list price and go pending in around 7 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Richfield housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Richfield.
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Richfield has a minor risk of flooding. 517 properties in Richfield are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Richfield. Flood risk is increasing faster than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Richfield has a moderate risk of wildfire. There are 303 properties in Richfield that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Richfield.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Richfield has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Richfield is most at risk from severe storms. 10,628 properties in Richfield have some risk of being in a severe wind event within the next 30 years.