Market report, updated

Market Report

Search in the city of Richfield

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Report prepared by Maeviewrealty.com MAEVIEW REALTY INC

Market at a glance

Over the last 6 months, homes sold for 100.9% of list price in 55 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $360K Sold · $363K
$400K$370K$340K$310K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 54 sales in Jul. Last month: 33.

Where the market stands

All homes in this report, by status.

357homes
Active82 · 23%
Under contract29 · 8%
Sold (6 mo)246 · 69%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$356K
Under contract$306K
Sold$363K

Average days on market

Active61 days
Under contract56 days
Sold55 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 82
Average list price $355,960
Avg. days on market 61 days
Avg. price per ft² $204 Based on 81 of 82 homes
Avg. living area 1,635 ft² Based on 81 of 82 homes
Avg. beds / baths 3.0 / 1.9

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

2 homes are larger or pricier than this chart’s scale and aren’t shown.

$600K$400K$200K$0

Price vs. living area: 79 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 7 homes in this status.

6350 Lyndale Avenue S Unit E203$440
7244 10th Avenue S$329
6844 Washburn Avenue S$307
7209 Queen Avenue S$305
801 E 71st Street$297
6363 16th Avenue S$278
6459 16th Avenue S$275

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
6844 Washburn Avenue SRichfield, MN 55423 311,219$375,000$3074 days
6350 Lyndale Avenue S Unit E203Richfield, MN 55423 221,418$625,000$4405 days
1820 W 68th StreetRichfield, MN 55423 432,900$515,000$1775 days
1408 E 69th StreetRichfield, MN 55423 322,068$415,000$2007 days
7600 Lyndale Avenue S Unit 226Richfield, MN 55423 11837$172,000$2058 days
6500 Woodlake Drive Unit 710Richfield, MN 55423 221,106$185,000$1679 days
1005 Rae Drive Unit 8Richfield, MN 55423 211,062$209,000$1969 days
7212 Harriet AvenueRichfield, MN 55423 532,350$579,000$24610 days
7033 18th Avenue SRichfield, MN 55423 421,882$385,000$20410 days
6933 Grand Avenue SRichfield, MN 55423 321,530$379,900$24810 days
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Questions about this market?

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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.