All Home Types
Richfield, MN Housing Market
What is the housing market like in Richfield today?
In October 2024, Richfield home prices were up 10.3% compared to last year, selling for a median price of $370K. On average, homes in Richfield sell after 21 days on the market compared to 13 days last year. There were 37 homes sold in October this year, up from 23 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$370,000
+10.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Richfield, MN
$370,000
+10.3%
United States
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Richfield Migration & Relocation Trends
In Sep '24 - Nov '24, 20% of Richfield homebuyers searched to move out of Richfield, while 80% looked to stay within the metropolitan area.
- Across the nation, 0.79% of homebuyers searched to move into Richfield from outside metros.
- Albuquerque homebuyers searched to move into Richfield more than any other metro followed by Miami and Chicago.
Where are people moving to Richfield from?
- 80% of Richfield homebuyers searched to stay within the Richfield metropolitan area.
- Brainerd was the most popular destination among Richfield homebuyers followed by Duluth and Cape Coral.
Where are people from Richfield moving to?
Number of People Moving to Richfield
least
most
People are moving to Richfield from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 717 | ||
| 2 | 700 | ||
| 3 | 599 | ||
| 4 | 414 | ||
| 5 | 318 | ||
| 6 | 285 | ||
| 7 | 271 | ||
| 8 | 235 | ||
| 9 | 176 | ||
| 10 | 158 | ||
People are leaving Richfield for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 435 | ||
| 2 | 248 | ||
| 3 | 196 | ||
| 4 | 102 | ||
| 5 | 78 | ||
| 6 | 68 | ||
| 7 | 50 | ||
| 8 | 46 | ||
| 9 | 43 | ||
| 10 | 40 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Richfield.
Provided by First Street Foundation
Transportation in Richfield
Learn about the walkability, bikeability, and transit-friendliness of Richfield
Somewhat Walkable
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Some Transit
Transit Score®
Bikeable
Bike Score®
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