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Richfield Market Report

$350,398

AVERAGE PRICE OF 68 HOMES

$1,250,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$479,900

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$266,633

AVERAGE PRICE OF 3 HOMES WITH A POOL

$335,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $350,398
Avg Bedrooms 2.71 beds
Avg Bathrooms 1.74 baths

Average Price by Bedrooms

1 bedroom $146,944
2 bedrooms $254,875
3 bedrooms $375,183
4 bedrooms $383,416
5 bedrooms $430,180
Richfield Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 56 41 56 73 88
Average Price $368,958 $359,585 $413,384 $422,860 $408,368
Avg Price Change +2.61% -14.96% -2.29% +3.55% +2.08%
Median Price $364,450 $359,193 $357,094 $365,706 $364,330
Med Price Change +1.46% +0.59% -2.41% +0.38% +0.05%
Avg Bedrooms 2.75 beds 2.78 beds 2.78 beds 2.93 beds 2.79 beds
Avg Bathrooms 1.89 baths 1.85 baths 1.79 baths 1.85 baths 1.78 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 68 $350,398 45 days
Multi-Million Dollar Homes 1 $1,250,000 175 days
Newly Built Homes 1 $479,900 44 days
Homes with a Pool 3 $266,633 21 days
Reduced Price Homes 1 $335,000 14 days
Kerby and Cristina Real Estate Experts
Kerby Skurat
1143 South Shore Dr.
Plymouth, MN 55441
612-444-1110

Based on information submitted to the MLS GRID as of March 15, 2025 4 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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