The Northeast Richfield housing market is very competitive. The median sale price of a home in Northeast Richfield was $328K last month, down 0.68% since last year. The median sale price per square foot in Northeast Richfield is $236, up 12.9% since last year.
What is the housing market like in Northeast Richfield today?
In March 2024, Northeast Richfield home prices were down 0.68% compared to last year, selling for a median price of $328K. On average, homes in Northeast Richfield sell after 29 days on the market compared to 19 days last year. There were 20 homes sold in March this year, up from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$327,500
-0.68% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Northeast Richfield, MN
$327,500
-0.68%
United States
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How hot is the Northeast Richfield housing market?
Northeast Richfield is very competitive. Homes sell in 22 days.
0
100
73
Very 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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 22 days.
Hot homes
can sell for about 1% above list price and go pending in around 8 days.
Learn about schools in the Northeast Richfield area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Northeast Richfield housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Northeast Richfield.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Northeast Richfield has a minor risk of flooding. 66 properties in Northeast Richfield are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Northeast Richfield. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Northeast Richfield has a minor risk of wildfire. There are 1 properties in Northeast Richfield that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Northeast Richfield.
Northeast Richfield has minimal risk of severe winds over the next 30 years
Wind Factor
Northeast Richfield has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Northeast Richfield has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Northeast Richfield have a Minor Heat Factor®.
Northeast Richfield is expected to see a 114% increase in the number of days over 99ºF over the next 30 years. Northeast Richfield is expected to experience 8