Richfield Real Estate

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Richfield Real Estate & Homes for Sale in Minnesota
6321 Logan Avenue S, Richfield in Hennepin County, MN 55423 Home for Sale
Richfield, MN
2 Bed, 1.75 Bath
1,251 Sq.Ft
$240,000
Details of Price Reduced
One Story - Richfield, Mn | Norton Realty, Inc
7035 Columbus Avenue, Richfield in Hennepin County, MN 55423 Home for Sale
Richfield, MN
4 Bed, 1.50 Bath
1,752 Sq.Ft
$219,900
Details of Pool
One Story - Richfield, Mn | Re/Max Results
7124 Washburn Avenue S, Richfield in Hennepin County, MN 55423 Home for Sale
Richfield, MN
3 Bed, 3.25 Bath
2,885 Sq.Ft
$374,900
Details of Two Story
Two Stories - Richfield, Mn | Keller Williams Realty Integrity-Edina
7344 Sheridan Avenue S, Richfield in Hennepin County, MN 55423 Home for Sale
Richfield, MN
4 Bed, 1.75 Bath
1,753 Sq.Ft
$274,900
Details of New Listing
One Story - Richfield, Mn | Keller Williams Integrity Realty

Richfield, Minnesota
Average Home Sizes and Asking Prices

Updated On: July 21, 2017
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55423 2,000 sf $286,000 1,600 sf $235,000 25 1,400 sf $244,000 5


55423 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  50   $222k
 1 Year Ago  41   $241k
 6 Months Ago   21   $217k
*Averaged for 3 bedroom active listings



Asking Price in 55423 - 3 Bedroom Single Family Homes
55423 real estate listing price trend

55423 sold real estate price trend
Demographics & Schools Mortgage Area Map

Richfield Real Estate & Homes for Sale in Minnesota

Located in the metropolitan region of Hennepin Countyan urban county with a population of more than 1.1 million people in 46 municipalitiesRichfield is nestled a mere five miles south of downtown Minneapolis. Friendly residential neighborhoods, an excellent public school system, an extensive network of parks and an unparalleled quality of life make Richfield an attractive hometown for residents of all ages. Throw in the community's easy access to four major transportation routes and proximity to the Minneapolis-St. Paul International Airport and Richfield becomes an ideal suburb for working professionals.

Much more than just a bedroom community for the Twin Cities, Richfield is a growing urban hometown committed to residential and commercial development. More than 35,000 local residents are dedicated to preserving their communities and natural environment while welcoming new businesses. Tree-lined boulevards wind throughout the citys clean, safe family-oriented neighborhoods.

The 150-acre Wood Lake Nature Center provides a quiet refuge, offering nature walks and naturalist classes. As in the rest of the state, education is a high priority. The Richfield Public School District serves more than 4,300 students in grades K-12 and also provides expanded student services ranging from preschools to extensive community adult-education programs. Like high school students throughout the state, Richfield seniors must pass the Minnesota Basic Standards Test in math, reading and writing with a 75% or better in order to receive their diplomas. Richfields high school graduation rate is 93 percent.

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Richfield Real Estate in Minnesota Richfield Homes for Sale Richfield Real Estate and Homes for Sale in Hennepin county, Minnesota
Price Range of Richfield Homes for Sale

The real estate market in Richfield consists primarily of solidly built and comfortable single-family homes that include affordable ranch-styles as well as one-and-a-half or two-story homes with finished basements, fireplaces, screened porches or patios and pleasant backyards surrounded by shady trees. Prices for Richfield's homes start below $100,000 and range up to nearly $400,000. There are also a few Richfield area condominiums that list for under $150,000. A number of reasonably priced senior-only condo units for people aged 55+ are available as well.

Richfield Real Estate Stats and Trends for the week of March 27th, 2017: homes priced around $235,295 compared to $245,710 the previous week, showing a decrease of less than -4%.  For Thursday, July 20th, the current national mortgage rate for a 30 year fixed mortgage is 3.84%; the 15 year fixed rate is at 3.05%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.09%, while the 15 year jumbo rate currently is at 3.69%.

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