Compare cities · September 2026
Falcon Heights vs. Richfield
Homes in Falcon Heights sold for a median $401,250 over the 12 months through September 2026, 13% more than in Richfield ($355,000). Homes sold faster in Richfield: 38 days on market on average, against 40 in Falcon Heights. Richfield is closer to downtown Minneapolis: about 16 minutes by car, against 17. The two are about 9 miles apart.
Housing market, 12 months through September 2026
| Measure | Falcon Heights | Richfield |
|---|---|---|
| Median sale price | $401,250 | $355,000 |
| Change from a year earlier | +0.3% | −2.7% |
| Homes sold | 48 | 412 |
| Days on market | 40 | 38 |
| Share of original list price | 101.6% | 99.3% |
| Price per square foot | $220 | $216 |
| New listings | 61 | 536 |
| Homes for sale (September 2026) | 9 | 85 |
| Months of supply (September 2026) | 2.1 | 2.5 |
Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).
The homes
| Measure | Falcon Heights | Richfield |
|---|---|---|
| Median home value (owner estimate) | $384,500 | $344,000 |
| Median year built | 1960 | 1959 |
| Single-family homesShare of all housing units, detached houses | 63% | 62% |
| Owner-occupied homes | 57% | 62% |
| Median rent | $1,202 | $1,393 |
Source: US Census Bureau, American Community Survey 2020–2024.
The place
| Measure | Falcon Heights | Richfield |
|---|---|---|
| Population (2024) | 5,002 | 36,491 |
| Land area | 2.2 sq mi | 6.8 sq mi |
| Drive to Downtown Minneapolis | 17 min | 16 min |
| Drive to Downtown Saint Paul | 17 min | 25 min |
| Drive to MSP Airport | 24 min | 13 min |
| Drive to Mall of America | 29 min | 9 min |
| Drive to University of Minnesota | 14 min | 19 min |
| Average commute to work | 21.6 min | 23.1 min |
| Lakes of 10+ acresMinnesota DNR lake outlines touching the city | 0 | 3 |
Source: US Census Bureau 2024 estimates and TIGER/Line; drive times from OpenStreetMap routing (light traffic).
Falcon Heights
School districts: Roseville Public School District
Richfield
School districts: Richfield Public School District
Largest lakes: Legion Lake (56 acres), Wood Lake (42 acres), Richfield Lake (25 acres)
How we compare places: by their homes, housing market and location only, from public sources, never by who lives there. Medians describe the middle home; both places have homes well above and below them.
Quick answers
Falcon Heights or Richfield?
Is Falcon Heights or Richfield more expensive?
Falcon Heights. The median sale price was $401,250 there and $355,000 in Richfield over the 12 months through September 2026, according to the Minneapolis Area REALTORS® Local Market Update. The median is the middle sale, so both have homes well above and below it.
Where do homes sell faster, Falcon Heights or Richfield?
Richfield: 38 days on market on average against 40, over the 12 months through September 2026.
Which is closer to downtown Minneapolis?
Richfield, about 16 minutes by car in light traffic (17 from Falcon Heights). To downtown Saint Paul: 17 minutes from Falcon Heights, 25 from Richfield.
How far apart are Falcon Heights and Richfield?
About 9 miles in a straight line between their centers.
Which has more lakes, Falcon Heights or Richfield?
Richfield has more: 0 lakes of 10+ acres touch Falcon Heights and 3 touch Richfield (largest: Legion Lake), by Minnesota DNR lake outlines.
Which school districts serve Falcon Heights and Richfield?
Falcon Heights: Roseville Public School District. Richfield: Richfield Public School District. School district lines don't follow city lines, so check the district for a specific address before you buy.
Should I buy in Falcon Heights or Richfield?
It depends on your budget, the kind of home you want and where you need to get to each day. This page compares the homes, prices and locations; a Huerkamp Home Group agent can show you homes in both and walk you through what's selling now.
Keep comparing
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Deciding between them?
See homes in Falcon Heights and Richfield.
A Huerkamp Home Group agent can show you homes in both, tell you what's selling and for how much right now, and help you decide. There's no cost to buyers.