Richfield Homes under $400,000

**Welcome to Richfield, Minnesota: Your Ideal Home Awaits!**

Nestled in the heart of Hennepin County, Richfield is a vibrant city that perfectly blends suburban charm with urban convenience. Just a stone's throw away from the bustling streets of Minneapolis, Richfield offers residents a peaceful retreat while still being close to the cultural and recreational amenities of the Twin Cities. With its lush parks, friendly neighborhoods, and a strong sense of community, it’s no wonder that Richfield is a sought-after destination for families, young professionals, and retirees alike.

Richfield boasts a diverse array of homes, and for those seeking affordability without sacrificing quality, the market is brimming with opportunities under $400,000. From charming bungalows to contemporary townhomes, buyers can discover properties that cater to various lifestyles and preferences. Many homes feature spacious layouts, modern amenities, and beautifully landscaped yards, making them perfect for entertaining or simply enjoying the serene Minnesota seasons.

The city is also known for its excellent schools, thriving local businesses, and a plethora of recreational options. Residents can enjoy leisurely strolls through the extensive park system, including the picturesque Wood Lake Nature Center, or indulge in shopping and dining at the nearby Southdale Center.

Whether you’re a first-time homebuyer or looking to downsize, Richfield offers a welcoming community and a range of housing options that fit your budget. Discover the charm and convenience of Richfield, where your dream home is just waiting to be found!

Newest Richfield Homes under $400,000

$369,900

3 Beds ⋅ 2 Baths ⋅ 7170845 MLS

Great updates meet an open, inviting floor plan. This home features an open kitchen, dining, and living area that creates a comfortable space for everyday living and entertaining. You will enjoy the spacious lower-level family room, providing plenty of room to relax or play. Recent updates include the kitchen, floors, a newer roof, and air conditioning. You will also find convenient access to shopping, restaurants, parks, and major roadways throughout Richfield.

7228 Pleasant Avenue, Richfield

Listing courtesy of BRIX Real Estate.

$375,000

3 Beds ⋅ 1 Baths ⋅ 7151833 MLS

Move-in ready, updated inside and out, with a location that's hard to oversell. Walking distance to countless amenities including Cub Foods, Chuck & Don’s, Caribou, and Chipotle all within a block. When you do drive enjoy quick access to Target, Galleria, Southdale, LifeTime, major highways, the Minneapolis Airport, and local establishments like Sandy's for a burger and trivia night or Fireside Foundry for something more upscale. Inviting living room with hardwood floors and sunrise views opens to the remodeled kitchen with a dining room addition and patio door to the fully fenced backyard. Updated bathroom, two main floor bedrooms and a primary bedroom on the upper level. Completely unfinished lower level provides opportunity to build equity or use as-is for a hobby space, storage, exercise area, or informal family room. The backyard was completely redone in 2026 with a brand new fence, fire-pit area and landscaping. Additional updates include, new carpet and updated light fixtures (2026). New roof, siding, gutters and water heater (2025). Whole house painted (2024). Newer windows and doors throughout. Adams Hill Park is a couple of blocks away and connects to Nine Mile Creek and the trails around Centennial Lakes. The home sits on the 69th Street bikeway. Jefferson Park is close-by, with pickleball, baseball, basketball and a playground. Located in Richfield Schools. Residents have open enrolled into Edina Public Schools- to be verified by buyer if interested. Well attended Neighborhood Night Out. The two-car garage includes a Tesla charger on its own dedicated electrical box. That makes it possible to set up Xcel Energy’s EV program to save on energy costs through the second meter. The charger is the only item currently drawing from that box with room to expand if you have bigger plans for the garage or yard. Ready to move-in and enjoy. Welcome home to 6844 Washburn Ave S.

6844 Washburn Avenue S, Richfield

Listing courtesy of Keller Williams Realty Integrity.

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.

$385,000

4 Beds ⋅ 2 Baths ⋅ 7166846 MLS

Picture summer weekends in your own backyard oasis, with a heated 15x30 pool, a custom wrap-around deck, and a swim-up bar. This charming one-level rambler sits on an extra-large lot in east Richfield, and it’s move-in ready. The main level has a great layout with three bedrooms, and updated kitchen counters add a fresh touch. Downstairs, the finished lower level gives you a spacious family room and a large bedroom that stays cool in summer and cozy in winter. It comes with a generous walk-in closet and a spa-like bath, ideal as a private primary suite or guest retreat. Storage is plentiful throughout. When the sun goes down, gather around the fire pit with its new stone steps, or tend the fenced 25x18 garden, ready for your own tomatoes and herbs. Thoughtful updates are already done, including a new furnace (December 2025), a new pool pump (June 2026), premium sound-reduction windows, a detached two-car garage, and city water and sewer. Enjoy a quiet neighborhood with sidewalks, nearby trails, and the green of spring and summer, just minutes from Lake Nokomis, Target, Home Depot, restaurants, the airport, and Mall of America. With easy highway access and the new Hwy 77 underpass making commuting and biking even easier, this is the place to start your next chapter.

7033 18th Avenue S, Richfield

Listing courtesy of Keller Williams Premier Realty.

$379,900

3 Beds ⋅ 2 Baths ⋅ 7166352 MLS

Comfort inside. Room to roam outside! This inviting Richfield rambler pairs comfortable living spaces with a large fenced backyard. The main level features two bedrooms, a spacious living room, a separate dining room (can also be a 3rd main floor bedroom or office) and an updated kitchen with floor-to-ceiling cabinetry, tile backsplash and stainless steel appliances. Downstairs, enjoy a third bedroom, a generous family room, a 3/4 bath and ample storage. Step outside to a relaxing patio and an expansive yard with room to garden, play or gather with friends, plus a handy storage shed. Major improvements include main-level windows and basement windows with an egress added in 2018, along with new roofs on the home, garage and shed in 2023. Conveniently located near shopping, restaurants, major highways and Wood Lake Nature Center!

6933 Grand Avenue S, Richfield

Listing courtesy of RE/MAX Results.

$325,000

4 Beds ⋅ 2 Baths ⋅ 7167205 MLS

Welcome to this charming Richfield bungalow! A bright white kitchen features granite countertops, a breakfast bar, tiled backsplash, and stainless steel appliances. Beautiful hardwood floors add warmth and character to the main level, where two spacious bedrooms share a full bath with a tile surround. The upper level offers flexible living space for a home office, hobby room, or use as a bedroom. The finished lower level features a comfortable family room, an additional bedroom, a three-quarter bath with tile surround, and a laundry/utility area. Outside, enjoy a fenced backyard with room to relax, garden, or entertain, plus the convenience of a two-car garage. A wonderful blend of classic charm and everyday comfort!

6921 Russell Avenue S, Richfield

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

$329,900

3 Beds ⋅ 2 Baths ⋅ 7167172 MLS

CHARMING BUNGALOW WITH CURB APPEAL TO SPARE! Welcome home to this adorable Richfield charmer filled with character, warmth, and inviting spaces! Featuring beautiful hardwood floors, fresh paint, and new carpet, this home offers a wonderful blend of classic charm and fresh updates. The main level features two bedrooms, while the half-story boasts a spacious third bedroom with plenty of versatility. Need extra room to spread out? The lower level offers a bonus family room—perfect for movie nights, relaxing, hobbies, or entertaining—along with a separate storage room. Even better, several major exterior updates have already been taken care of for you, including newer windows, siding, gutters, and roof! Situated on a desirable corner lot with fantastic curb appeal, this delightful home is ready for its next owner to fall in love. Cute, charming, and full of potential—come take a look and discover everything this Richfield gem has to offer!

6700 12th Avenue S, Richfield

Listing courtesy of Keller Williams Classic Realty.

$375,000

3 Beds ⋅ 2 Baths ⋅ 7164764 MLS

Don’t miss this charming 3-bed, 2-bath 1948-built bungalow lovingly maintained by the same owner for 61 years in desirable Richfield! Main floor has hardwood flooring under the carpet, a remodeled eat-in kitchen and 2 nice sized bedrooms. Upper level has a spacious 3rd bedroom. Lower level features a family room with a gas fireplace, a bar, bonus space and a second 3/4 bath. This home is an entertainer's delight with a fabulous in-ground heated pool with a patio in the fully fenced back yard and an oversized 36x24 heated and insulated 2+ car attached garage, which includes an additional 500 square feet of living, entertainment, or hobby space! You will love making this home your own!

6308 James Avenue S, Richfield

Listing courtesy of RE/MAX Results.

$359,000

3 Beds ⋅ 2 Baths ⋅ 7162673 MLS

Charming 1.5-story home in a highly desirable Richfield location! Offering 3 beds, 2 baths, an attached one-car garage, and a finished walkout basement, this home combines comfort, convenience, and character. Enjoy the spacious fenced backyard, perfect for entertaining, pets, or gardening. Recent improvements include new siding ('18), updated sidewalks and steps ('19), and a sewer line repair ('24). Just two blocks from Wood Lake Nature Center and close to neighborhood parks, a playground, shopping, dining, public transportation, and major commuter routes. Experience the Irwin Shores neighborhood where neighbors greet one another and enjoy an active outdoor lifestyle. Welcome home!

7328 Girard Avenue S, Richfield

Listing courtesy of Edina Realty, Inc..

$360,000

3 Beds ⋅ 2 Baths ⋅ 7164103 MLS

Step right into this well maintained three-bedroom, two-bathroom gem that's been pampered with updates galore! With brand new siding, a sturdy new roof, efficient new furnace and A/C, water heater, updated drain tiles, shiny countertops, and a sleek stainless steel fridge, you're all set for a worry-free future. Plus, a enjoy the detached two-car garage and a layout brimming with possibilities to make this home all you need!

7221 16th Avenue S, Richfield

Listing courtesy of RE/MAX Results.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.

Richfield Homes under $400,000

Newest Richfield Homes under $400,000

How much is your home worth?

How much is your home worth?