Richfield Real Estate

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Richfield Real Estate & Homes for Sale in Minnesota
6909 1st Avenue S, Richfield in Hennepin County, MN 55423 Home for Sale
Richfield, MN
3 Bed, 1 Bath
1,665 Sq.Ft
$235,900
Details of Price Reduced
One 1/2 Stories - Richfield, Mn | Counselor Realty, Inc
7538 5th Avenue S, Richfield in Hennepin County, MN 55423 Home for Sale
Richfield, MN
3 Bed, 3.25 Bath
3,007 Sq.Ft
$398,000
Details of Two Story
Two Stories - Richfield, Mn | Keller Williams Integrity Realty
6620 Chicago Avenue, Richfield in Hennepin County, MN 55423 Home for Sale
Richfield, MN
3 Bed, 1.75 Bath
1,758 Sq.Ft
$239,900
Details of New Listing
One Story - Richfield, Mn | Keller Williams Integrity Realty
7615 3rd Avenue S, Richfield in Hennepin County, MN 55423 Home for Sale
Richfield, MN
3 Bed, 1 Bath
1,482 Sq.Ft
$200,000
Details of Single Story
One Story - Richfield, Mn | Realty Executives Results

Richfield, Minnesota
Average Home Sizes and Asking Prices

Updated On: April 30, 2016
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55423 2,000 sf $261,000 1,700 sf $230,000 39 1,200 sf $189,000 10


55423 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  47   $186k
 1 Year Ago  31   $216k
 6 Months Ago   44   $213k
 1 Month Ago  25   $218k
 Today  27   $230k
*Averaged for 3 bedroom active listings



Change and Trend of Asking Price in 55423


Sold Price History in 55423
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 County—an urban county with a population of more than 1.1 million people in 46 municipalities—Richfield 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 city’s 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. Richfield’s 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 April 25th, 2016: homes priced around $230,344 compared to $226,311 the previous week, showing a increase of more than +2%.  For Friday, April 29th, the current national mortgage rate for a 30 year fixed mortgage is 3.68%; the 15 year fixed rate is at 2.79%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.17%, while the 15 year jumbo rate currently is at 3.80%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Richfield MN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Richfield to help you find the best home!

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