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Richfield Market Report

$370,405

AVERAGE PRICE OF 53 HOMES

$234,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,200,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$459,900

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$500,000

AVERAGE PRICE OF 2 HOMES WITH A POOL

Average Home

Average Price $370,405
Avg Bedrooms 2.68 beds
Avg Bathrooms 1.72 baths

Average Price by Bedrooms

1 bedroom $145,166
2 bedrooms $320,055
3 bedrooms $345,637
4 bedrooms $344,966
5 bedrooms $437,500
Richfield Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 44 48 59 87 92
Average Price $374,579 $360,107 $350,103 $334,028 $338,322
Avg Price Change +4.02% +2.86% +4.81% -1.29% -3.16%
Median Price $333,767 $323,708 $320,758 $318,277 $322,943
Med Price Change +3.11% +0.92% +0.78% -1.47% -1.23%
Avg Bedrooms 2.64 beds 2.66 beds 2.9 beds 2.93 beds 2.87 beds
Avg Bathrooms 1.75 baths 1.69 baths 1.75 baths 1.77 baths 1.74 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 53 $370,405 45 days
Distressed Homes 2 $234,950 160 days
Multi-Million Dollar Homes 1 $2,200,000 259 days
Newly Built Homes 2 $459,900 60 days
Homes with a Pool 2 $500,000 28 days
RNR Realty International
Nene Matey-Keke
6524 Walker St Suite 215
St. Louis Park, MN 55426
612-720-2645

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker Reciprocity and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Copyright2023Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated March 31, 2023
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