Richfield, Minnesota
Richfield Real Estate
Homes for sale, local facts and advice for buying or selling in Richfield, Hennepin County, from Huerkamp Home Group.
Key takeaways
What should you know about Richfield at a glance?
Richfield is a south metro city in Hennepin County, home to 36,491 people. Here's what the public numbers say.
- Population: 36,491 (Census 2024 estimate; -1.4% since 2020)
- Median home value: $344,000, 12% lower than the Hennepin County median (owner estimates, Census ACS)
- Median household income: $85,132, 13% lower than Hennepin County
- Homeownership: 61.6% of households own their home (Minnesota: 72.2%)
- Getting around: about 16 minutes to downtown Minneapolis and 13 minutes to MSP Airport in light traffic
- Schools: Richfield Public School District covers about 100% of the city
Sources: US Census Bureau 2024 population estimates and 2020–2024 American Community Survey; drive times from OpenStreetMap routing.
For sale now
Where can I find Richfield homes for sale?
The newest Richfield listings, live from the NorthstarMLS. Open any home for photos, maps and saved-search alerts.
Open Sat, Nov 7 · 11 PM–1 AM$415,0001408 E 69th Street, Richfield, MN 55423MLS #7167821
Listing courtesy of RE/MAX Advantage Plus
$172,0007600 Lyndale Avenue S #226, Richfield, MN 55423MLS #7166057Listing courtesy of AR Realty Group Inc.
$209,0001005 Rae Drive #8, Richfield, MN 55423MLS #7167529Listing courtesy of Sagedahl Realty
$185,0006500 Woodlake Drive #710, Richfield, MN 55423MLS #7167632Listing courtesy of Edina Realty, Inc.
$579,0007212 Harriet Avenue, Richfield, MN 55423MLS #7167358Listing courtesy of Strata Real Estate Resources
$449,900801 E 71st Street, Richfield, MN 55423MLS #7166574Listing courtesy of Dwell Realty Partners, LLC
See all 94 Richfield homes for sale
- Under $200,000 17
- Under $250,000 24
- Under $300,000 30
- Under $350,000 50
- Under $400,000 82
- Under $450,000 87
- Under $500,000 90
- Under $600,000 93
- Under $700,000 93
- Under $800,000 93
- Under $1 million 93
- Under $1.5 million 93
- Under $2 million 93
- $1 million and up 1
- Single-family homes 65
- Townhomes 1
- Condos 26
- Multi-family homes 2
- 3+ bedrooms 64
- 4+ bedrooms 29
- 5+ bedrooms 11
- 1+ acre 16
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
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, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 8:18 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
Listings from NorthstarMLS, updated every hour from 8 AM to 10 PM.
Recently sold
What did homes in Richfield sell for?
Homes sold in Richfield in the last 6 months, from NorthstarMLS.
See every Richfield sale on the map
This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
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, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
Stay ahead of the market
How can you get new Richfield listings first?
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- Pick your price, beds and home type
- New listings emailed as they come on the market
- Questions answered by a local agent
Housing market · September 2026
Richfield home prices and sales
Over the 12 months through September 2026, the median sale price in Richfield was $355,000, down 2.7% from the year before, with 412 homes sold.
- Median sale price$355,000−2.7% vs. prior 12 months
- Homes sold412past 12 months
- Days on market38past 12 months
- Months of supply2.5end of September 2026
NorthstarMLS data via the Minneapolis Area REALTORS® Local Market Update, current as of October 7, 2026. Full Richfield market report
Living in
What's it like living in Richfield, MN?
The answer
Richfield is a south metro city, and it's about 16 minutes from downtown Minneapolis and 25 minutes from downtown Saint Paul in light traffic. 61.5% of its homes are single-family houses, the typical home was built around 1959, and 61.6% of households own their home.
Downtown Minneapolis16min
Downtown Saint Paul25min
MSP Airport13min
Mall of America9min
University of Minnesota19min
Hover a community —Richfield36,491 residents · Hennepin County
Demographics · Richfield, MN
Who lives in Richfield?
According to the Census Bureau, Richfield's median household income is $85,132, 13% lower than the Hennepin County median (Hennepin County: $97,653). The median age is 39.4, 61.6% of households own their home and 43.7% of adults hold a bachelor's degree or higher.
Population36,49116,547 households
Median household income$85,132Hennepin Co. $97,653 · MN $89,062
Median home value$344,000Hennepin Co. $392,900 · MN $329,300
Median gross rent$1,393Hennepin Co. $1,487 · MN $1,280
Homeowners61.6%Hennepin Co. 62.7% · MN 72.2%
Bachelor's degree or higher43.7%Hennepin Co. 54.1% · MN 39.4%
Median age39.4Hennepin Co. 37.6 · MN 38.8
Single-family homes61.5%Median year built: 1959
US Census Bureau, American Community Survey 2020–2024 5-year estimates; population from 2024 estimates. Home values are owner estimates; values shown with “+” are the Census reporting cap.
Population trend
How fast is Richfield growing?
Richfield's population shrank 1.4% between 2020 and 2024, from 37,002 to 36,491 residents, according to Census Bureau estimates.
US Census Bureau Vintage 2024 population estimates.
Show as a table
| Year | Residents |
|---|---|
| 2020 | 36,925 |
| 2021 | 36,538 |
| 2022 | 36,759 |
| 2023 | 36,567 |
| 2024 | 36,491 |
School planning
Which schools serve a Richfield address?
- Richfield Public School Districtabout 100% of the city
Ask the district for the school assignment of the exact address for the year you'll enroll, since boundaries can change. Being near a school doesn't guarantee a spot, and charter and private schools set their own rules.
Minnesota Report Card (Department of Education)
District coverage: US Census Bureau 2024 school district boundaries.
Crime data
How can you check reported crime near a home?
Ask the police department that serves the address for its current reports, and compare places only across the same time period and offense definitions. Missing data doesn't mean zero crime, and a citywide number doesn't describe a particular street.
By ZIP code
What does Richfield look like by ZIP code?
ZIP 55423 covers most of Richfield.
| ZIP | Share of city | Median home value | Median household income | Homeowners | Listings |
|---|---|---|---|---|---|
| 55423 | 100% | $343,900 | $85,182 | 61.6% | Homes for sale |
ZIP code areas (ZCTAs) covering at least 5% of the city; values for the whole ZIP area, Census ACS 2020–2024.
Outdoor living
What lakes and water are in Richfield?
Richfield has little open water inside city limits, but lakes and regional parks are a short drive away. 3 lakes of 10 acres or more touch Richfield; each has its own page with the lakefront homes for sale on it.
- Legion Lake56 acres
- Wood Lake42 acres
- Richfield Lake25 acres
Commute & transportation
How easy is getting around Richfield?
Richfield residents' average one-way commute is 23.1 minutes (Census ACS). 65.3% drive alone, 3.5% take public transit and 18.7% work from home.
Average commute23.1 minMN average 22.7 min
Drive alone65.3%of workers
Public transit3.5%of workers
Work from home18.7%of workers
Drive times from Richfield
- 16 minDowntown Minneapolis
- 25 minDowntown Saint Paul
- 13 minMSP Airport
- 9 minMall of America
- 19 minUniversity of Minnesota
Drive times: OSRM routing on OpenStreetMap data from the city's Census center point, light traffic. Rush hour takes longer.
Economy & jobs
Where do Richfield residents work?
The largest share of employed Richfield residents work in education, health care and social assistance (23.2%), followed by professional, scientific and management services (16%). The unemployment rate averaged 5.3% over 2020–2024 (Minnesota: 4.1%).
Census ACS 2020–2024, industry of employed residents 16 and older (C24050) and employment status (B23025).
- Education, health care and social assistance23.2%
- Professional, scientific and management services16%
- Finance, insurance and real estate11.1%
- Retail trade10.6%
- Manufacturing10%
- Arts, entertainment, recreation, lodging and food7.8%
City comparison
How does Richfield compare to Bloomington, Edina and Mendota?
The three communities with the shortest drive from Richfield, side by side.
| Metric | Richfield | Bloomington | Edina | Mendota |
|---|---|---|---|---|
| Population (2024) | 36,491 | 88,344 | 53,564 | 185 |
| Change since 2020 | -1.4% | -1.8% | +0.2% | -1.1% |
| Median home value | $344K | $362K | $646K | $320K |
| Median household income | $85K | $93K | $129K | $111K |
| Median gross rent | $1,393 | $1,561 | $1,844 | $875 |
| Homeowners | 61.6% | 65.7% | 72.4% | 77.3% |
| Median age | 39.4 | 41.1 | 44.9 | 39.8 |
| Average commute | 23.1 min | 21 min | 20.4 min | 21.1 min |
| Drive to downtown Minneapolis | 16 min | 21 min | 16 min | 20 min |
Census 2024 estimates and ACS 2020–2024; drive times from OpenStreetMap routing.
Cost of ownership
What will a Richfield home cost you each month?
Enter the numbers for a specific home. The price starts at Richfield's Census median home value; the interest rate, property tax and insurance are yours to fill in from a lender quote, the county's tax statement and an insurance quote. This is an illustration, not a loan estimate.
Selling in Richfield
What's required to sell a home in Richfield?
Point of Sale Inspection. A city housing inspector must inspect the home before closing.
- Applies to single-family and two-family homes, including condominiums.
- The inspection can be done any time during the sale, but must be finished before title transfers. Apply online, then schedule.
- If the buyer takes on repairs, closing proceeds only under the conditions in the city’s brochure.
Richfield Inspections, 612-861-9882. Source: City of Richfield. Confirm before you list; rules change.
Selling in Minnesota: every city's rules and the state disclosures · Estimate your net proceeds
Is Richfield right for you?
Who should buy a home in Richfield?
- Compare homes, not averages. Choose the space, layout and condition you need, and confirm it with an inspection.
- Try the drive. Test your commute at the times you'd actually travel.
- Check the schools for the address. Richfield Public School District covers most of the city, but not all of it.
- Budget the whole payment. Include taxes, insurance, association dues and upkeep.
Planning a move
What should I verify before moving to Richfield?
- The property's current tax statement and homestead status from Hennepin County.
- Lender, insurance and utility quotes for the exact address, plus any association documents and special assessments.
- The seller's disclosures, including Minnesota's required radon and well disclosures.
- Whether the city requires a point-of-sale inspection or certificate (Minneapolis and Saint Paul, for example, require Truth-in-Sale-of-Housing reports).
- The school assignment for your enrollment year, confirmed with the district.
Living in Minneapolis on YouTube
Watch: Richfield on video
Jason's videos about Richfield: neighborhoods, homes and what living here is really like.
Richfield Homes.. Hidden Gem?
This weekend's open houses
Can you tour Richfield homes this weekend?
Found a Richfield home you like? We'll set up a private showing, usually within a day or two, or tell you when it has an open house.
Richfield FAQ
What do Richfield buyers most often ask?
What is the median home value in Richfield?
The Census Bureau's 2020–2024 American Community Survey puts the median value of owner-occupied homes in Richfield at $344,000, 12% lower than the Hennepin County median (Hennepin County: $392,900). These are owner estimates; for current asking prices, see the Richfield homes for sale in our home search.
How many people live in Richfield, MN?
About 36,491 people, according to the Census Bureau's 2024 estimate. The city shrank by 1.4% between 2020 and 2024.
Which school district serves Richfield?
Richfield Public School District (about 100% of the city). School assignment depends on the exact address, so confirm it with the district before you buy.
How far is Richfield from downtown Minneapolis?
About 16 minutes by car in light traffic, and about 25 minutes to downtown Saint Paul. Residents' average one-way commute is 23.1 minutes (Census ACS).
Is Richfield a good place to live?
It depends on what you need. Richfield has a median household income of $85,132, 61.6% homeownership and a 23.1-minute average commute. Visit at the times you'd normally drive, check the school assignment for the address, and compare total ownership costs before you decide.
What does it cost to rent in Richfield?
The median gross rent (rent plus utilities) is $1,393 a month, compared with $1,487 in Hennepin County (Census ACS 2020–2024).
What ZIP codes are in Richfield?
55423 covers most of the city. ZIP code areas and city limits don't match exactly, so check the city on the property record.
What lakes are in Richfield?
The largest named lakes inside the city are Richfield Lake (about 23 acres) and Wood Lake (about 19 acres), based on Census water maps.
How long does it take to close on a home in Richfield?
Most financed purchases close about 30 to 45 days after an accepted offer, and cash purchases can close sooner. Your lender, the appraisal and the title company set the actual timeline.
Does Richfield require an inspection to sell a home?
Yes. A city housing inspector must inspect the home before closing. (Point of Sale Inspection.) Confirm current rules with the city before you list.
Client stories
What do Richfield clients say about Huerkamp Home Group?
5.0 stars from 841 Google reviews. These reviews mention Richfield, quoted word for word.
★★★★★
I recently worked with Vansh Kumar from the Huerkamp Home Group to sell my house in Richfield. I'm probably not a realtor’s dream client as I have very high expectations when partnering with an individual or company to do something as major as selling a home. Vansh and his team met, and exceeded, my expectations. He was very knowledgeable, responsive, and personable, and he guided me through the process seamlessly. It was an older home, and I decided that it needed some repairs and updates before putting it on the market. I chose to do a lot of the work myself. There were some things that I couldn't do, and Vansh hooked me up with contractors that showed up, did the work fast and well, and charged a fair price. He also saved me time and money by helping me stay focused on what improvements would be important to buyers. When it came time to list the home, I decided to roll the dice and list it in December. The worst month of the year to try to sell a house due to weather and the holidays. There were more showings than I had expected and I had a signed Purchase Agreement 10 days after the first showing! Thank you, Vansh, and the HHG team, for exceeding my expectations. It was a pleasure working with you!
Why Huerkamp Home Group
Why work with Huerkamp Home Group?
2002Founded by Jason & Brooke Huerkamp
39Agents and staff
5.0Stars from 841 Google reviews
15+Years as a Ramsey ELP
Ready to make a move?
Want to talk to a Richfield real estate expert?
Tell us your area, budget, timing and must-haves. We'll share current listings and recent sales, and explain how we'd represent you before you decide anything.
Jason HuerkampFounder, Huerkamp Home GroupMN license 20329835(612) 843-962014300 Nicollet Ct, Ste 208, Burnsville, MN 55306
Explore nearby communities
Which communities are close to Richfield?
Drive times from Richfield in light traffic, with each community's Census median home value.
12 minBloomingtonMedian home value $362KView Bloomington →13 minEdinaMedian home value $646KView Edina →16 minMendotaMedian home value $320KView Mendota →16 minMinneapolisMedian home value $362KView Minneapolis →