Richfield Homes under $250,000

Welcome to Richfield, Minnesota – a vibrant city that perfectly balances urban convenience with suburban charm. Nestled in Hennepin County, just minutes from the bustling heart of Minneapolis, Richfield offers a unique blend of community spirit, accessibility, and an array of amenities that make it an ideal place to call home.

Richfield is renowned for its friendly neighborhoods, excellent schools, and beautiful parks, making it a perfect choice for families, young professionals, and retirees alike. The city boasts a rich cultural scene, with diverse dining options, local shops, and recreational activities to suit every lifestyle. Whether you’re exploring the scenic trails of the Richfield Lake Park or enjoying a family outing at the local community center, there’s always something to engage and inspire.

For those seeking affordable housing options, Richfield is a hidden gem. With homes available for under $250,000, prospective buyers can find charming properties that offer both value and potential. From cozy single-family homes to townhouses, these residences are perfect for first-time buyers or anyone looking to downsize without sacrificing quality of life. The city's real estate market is characterized by its affordability, allowing residents to invest in their future while enjoying the perks of suburban living.

Richfield is not just a place to live; it’s a community to thrive in. With its rich history, welcoming atmosphere, and affordability, it’s no wonder that so many are choosing to make Richfield their home. Come discover the possibilities that await you in this delightful Minnesota city!

Newest Richfield Homes under $250,000

7600 Lyndale Avenue S Unit 226, Richfield

$172,000

1 Beds ⋅ 1 Baths ⋅ 7166057 MLS

Welcome to this conveniently located condo in Richfield! This unit offers a functional layout, comfortable living space, and the convenience of heated underground parking and additional storage. Residents enjoy access to building amenities, including a welcoming lobby and spacious community room with a full kitchen, lounge seating, and entertaining space. Conveniently situated near shopping, dining, parks, and major roadways, offering easy access throughout the Twin Cities. Currently tenant-occupied through February 2027, providing an opportunity for investors or future owner-occupants. Enjoy low-maintenance condo living in a convenient Richfield location!

7600 Lyndale Avenue S Unit 226, Richfield

Listing courtesy of AR Realty Group Inc..

$185,000

2 Beds ⋅ 2 Baths ⋅ 7167632 MLS

Downsizing made Easy! Welcome to Woodlake Point Condos, offering sought-after 55+ living in a prime Richfield location near trails, shopping, dining, and everyday conveniences. This beautifully maintained 2 bedroom, 2 bath condo features STUNNING SUNSETS, a spacious and open layout filled with natural light, updated finishes, and easy-care luxury vinyl plank flooring. Enjoy peaceful nature views from the screened balcony overlooking Richfield Lake — the perfect place for morning coffee or evening relaxation. Rare in-unit storage room with custom organizers adds exceptional convenience. A walk-in closet with organizers and a private ¾ bath complete the primary suite, while the second bedroom with Murphy bed provides ideal flexibility for guests, hobbies, or office space. Includes 1-stall garage parking. Association/building amenities include community room, exercise room, party room, sun room, workshop, heated garage w/car wash, free laundry, and 2 guest suites.

6500 Woodlake Drive Unit 710, Richfield

Listing courtesy of Edina Realty, Inc..

$209,000

2 Beds ⋅ 1 Baths ⋅ 7167529 MLS

See video tour and interactive floor plan at virtual tour link. Welcome to this bright and inviting two-bedroom townhome. It is pet friendly, rentals are allowed, and offers an appealing combination of privacy, generous living space, outdoor living, and thoughtful updates. Located on the upper level, the home enjoys added privacy and less noise, along with wonderful natural light and views overlooking a beautifully maintained shared courtyard framed by mature trees. The spacious living room is centered around a handsome brick wood-burning fireplace, bringing warmth and character to the heart of the home. Large Andersen windows and the nearby patio door fill the space with natural light, while the open connection between the living and dining areas gives the home an airy, comfortable feel. The kitchen features stainless steel appliances, including a refrigerator, dishwasher, electric range, vent hood, and microwave, along with a pull-down faucet. A convenient pass-through with counter seating connects the kitchen to the living spaces, while the separate dining area provides plenty of room for meals and entertaining. One of the home's best features is the large private deck overlooking the courtyard. Surrounded by mature trees and greenery, it feels like a peaceful extension of the living space—perfect for morning coffee, outdoor dining, or simply relaxing and enjoying the view. A magnificent mature maple tree provides shade and a beautiful backdrop throughout the seasons. Both bedrooms offer comfortable proportions and excellent closet space, while **two mini-split systems—a valuable feature not commonly found in other units—**provide added comfort alongside the home's baseboard heat. An energy-efficient A. O. Smith Signature 900 electric heat-pump water heater and in-unit LG ThinQ stackable washer and dryer add modern efficiency and everyday convenience. Storage is surprisingly abundant throughout the home, complemented by a private garage. The location may be one of the best features of all. Wood Lake Nature Center and Richfield Lake Park are just steps away, putting trails, nature, and beautiful green space practically outside your door. Yet everyday conveniences are equally close, with shopping just blocks away offering groceries, restaurants, medical services, and nearly everything you need. With its sun-filled upper-level setting, open living spaces, wood-burning fireplace, expansive deck, leafy courtyard views, thoughtful upgrades, and exceptional location, this townhome offers a wonderful balance of nature, convenience, and easy everyday living.

1005 Rae Drive Unit 8, Richfield

Listing courtesy of Sagedahl Realty.

6600 Lyndale Avenue S Unit 308, Richfield

$250,000

2 Beds ⋅ 2 Baths ⋅ 7113615 MLS

Welcome to City Bella a market rate housing cooperative open to all ages. It offers a unique ownership structure and a fantastic, community-oriented lifestyle. The unit is light & bright with floor to ceiling windows. Beautiful red oak hardwood flooring throughout, a nice sized kitchen, spacious living room and a primary bedroom with sitting area, an ensuite full bath, walk-in closet and a lovely private balcony. The second bedroom is on the opposite side for maximum privacy with a 3/4 bath. Laundry in the unit. City Bella offers wonderful amenities, indoor pool with hot tub and sauna, a well equipped exercise room, 2 community rooms, virtual golf, library, woodworking shop, guest suites and carwash. The close-in Richfield location cannot be beat with restaurants, medical offices, banks, grocery stores, all within walking distance. Wood Lake Nature Center and Richfield Lake at your doorstep.

6600 Lyndale Avenue S Unit 308, Richfield

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

$100,000

1 Beds ⋅ 1 Baths ⋅ 7159605 MLS

Welcome home to Woodlake Point Condominiums, a well maintained 55+ community in the heart of Richfield. Close to Woodlake Nature Center trails, shopping, restaurants, great freeway access, and public transit. This sun-filled, south facing 1 bedroom, 1 bath condo features new flooring, a den or office space off the dining room, and a huge walk-in storage closet. Enjoy the sunshine on your private south facing balcony and the rest of the amenities the building has to offer, including a community room and patio, exercise room, woodworking shop, sunroom, guest suite, and more, Although this unit does not come with a dedicated garage stall, there are oftentimes opportunities to rent a space from homeowners in the building. THE BUILDING IS CONVERTING TO NON-SMOKING IN 2026

6500 Woodlake Drive Unit 401, Richfield

Listing courtesy of Edina Realty, Inc..

7601 Aldrich Avenue S Unit 311, Richfield

$205,000

1 Beds ⋅ 1 Baths ⋅ 7151576 MLS

This spacious 1-bedroom, 1-bath condo offers comfortable, low-maintenance living in a convenient Richfield location. The functional layout includes a separate den with French doors, providing flexible space for a home office or additional living area. Enjoy a private balcony, in-unit laundry, central air, and an assigned parking space in the heated underground garage. Additional conveniences include a storage closet, elevator access, exercise facility, and community room. Conveniently located near shopping, dining, parks, public transit, and major roadways with easy access throughout the Twin Cities.

7601 Aldrich Avenue S Unit 311, Richfield

Listing courtesy of AR Realty Group Inc..

6615 Lake Shore Drive S Unit 304, Richfield

$94,900

2 Beds ⋅ 1 Baths ⋅ 7152903 MLS

Seller financing options available: Rent-to-own or CD Call today for details! Move-in ready condo in a thriving 55+ community! This beautiful unit features a freshly painted interior and brand-new carpet in both bedrooms. Enjoy an open living/dining room, a private screened-in balcony, and a kitchen with excellent storage. The primary suite includes a walk-in closet, alongside a versatile second bedroom perfect for guests or an office. Maintenance-free living at its finest with 24/7 secure entry and on-site management. Unbeatable location—walk to parks, groceries, dining, and medical facilities with fast freeway access. Non-smoking, pet-free building.

6615 Lake Shore Drive S Unit 304, Richfield

Listing courtesy of HOMESTEAD ROAD.

7601 Aldrich Avenue S Unit 215, Richfield

$189,900

1 Beds ⋅ 1 Baths ⋅ 7154162 MLS

Beautiful 1 bedroom + den unit available at a great price. Features: Open layout, den / office, private balcony, 1,064 finished sq ft, heated garage space, in unit laundry and more. Shared amenities include: The Party Room, exercise room ((located across the parking lot in the 7600 building) car wash in the underground parking . Conveniently located close to numerous restaurants, coffee shops, parks, freeway access, airport and more.

7601 Aldrich Avenue S Unit 215, Richfield

Listing courtesy of eXp Realty.

$179,900

2 Beds ⋅ 2 Baths ⋅ 7146315 MLS

6500 Woodlake Drive Unit 210, Richfield

Listing courtesy of Coldwell Banker Realty - Lakes.

$224,500

2 Beds ⋅ 1 Baths ⋅ 7132931 MLS

Completely reimagined from top to bottom, this beautiful 2-bedroom Woodlake Village condo is a fantastic opportunity — no detail was overlooked in this recent renovation. Step inside to fresh paint, custom trim work, and a designer's touch in every room. The kitchen is a showstopper, featuring all-new stainless-steel appliances, brand-new countertops, custom tile backsplash, new sink and faucet, updated cabinet hardware, and new flooring extending into the entry. A dimmer-controlled lighting adds ambiance throughout the kitchen, dining, and entry. The dining room features custom built-in cabinet topped in granite, added shelving, a wallpaper accent wall, and a modern new chandelier — the perfect space to entertain. From there, we move onto the living room, where a beautifully updated fireplace with new mantel, trim, and German Schmear finish anchors the space, complemented by a new drink rail, floating shelves, and updated railing. A custom nook over the stairs can be used as a cozy reading spot. The hallway is a custom-designed showpiece with crown molding, a decorative wood ceiling, stylish wainscoting, floating shelves, and a matching decorative doorbell cover — details you simply won't find elsewhere. The primary bedroom offers a spa-like retreat with a newly designed walk-in closet (custom shelving by Closets by Design, expanded January 2026), a mirrored barn door closet, a grass weave wallpaper accent wall, new ceiling fan with light, and a room-darkening, energy-efficient window shade. The spacious second bedroom/office is equally refreshed with a new ceiling fan and updated window treatments. The remodeled bathroom features a new tub, toilet, vanity with mirrored storage, and a custom subway tile surround from tub to ceiling, plus new flooring and lighting. Additional upgrades include new light fixtures throughout (including a hallway fixture with a built-in night light), all-new window coverings (Hunter Douglas corded blinds in the kitchen), new laundry room shelving and pet door, new storm door, new water heater, new thermostats, and a new air conditioner (2026) — offering exceptional peace of mind for years to come. This is a rare chance to own a completely renovated home where every major system and finish has already been thoughtfully updated. See it TODAY!

6515 Emerson Avenue S Unit 5, Richfield

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

$132,000

1 Beds ⋅ 1 Baths ⋅ 7118732 MLS

Seller paying current ~$7K assessment IN FULL at closing! Buy with absolute confidence at Woodlake Point—a premier 55+ community featuring a strong, proactive HOA with updated reserve planning & a stellar history of major improvements (roof, generator, parking deck, & current exterior masonry/caulking). Perched high on the 9th-floor corner, this home offers exceptional privacy, abundant natural light, breathtaking views of Richfield Lake & the Mpls skyline from your private screened balcony. Enjoy stunning dual-exposure light with west-facing sunsets(balcony) & east-facing sunrise views from the roomy refreshed kitchen. Includes a refreshed bath, highly coveted heated underground parking, & dedicated storage. Residents love the welcoming community, two guest suites for visitors, & an unbeatable location steps from Lakewinds Co-op, Woodlake Nature Center, medical clinics, transit, quick access to freeways & MSP airport. If you are looking for the absolute best views, privacy, and finishes Woodlake Point has to offer, this is the one.

6500 Woodlake Drive Unit 905, Richfield

Listing courtesy of Keller Williams Realty Integrity Lakes.

7600 Lyndale Avenue S Unit 204, Richfield

$165,000

1 Beds ⋅ 1 Baths ⋅ 7131876 MLS

This beautiful condo has an open layout and modern design creating an inviting atmosphere. You will love the large windows that fill the home with natural light all day. The stunning kitchen features granite countertops, gorgeous backsplash, and an inviting peninsula that includes a breakfast bar. The oversized living room showcases wonderful views through the wall of windows. The spacious bedroom easily accommodates a king-sized bed and provides generous closet space. Additional highlights include in-unit laundry with washer and dryer, and a private storage locker. Building amenities include a community room, fitness center, car wash, convenient bike storage with direct outdoor access, and more! All this in a highly walkable location close to shops, restaurants, parks, and just a quick drive to the MOA and the airport.

7600 Lyndale Avenue S Unit 204, Richfield

Listing courtesy of Joe Sorenson Realty.

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Richfield Homes under $250,000

Newest Richfield Homes under $250,000

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