Compare cities · September 2026
Minneapolis vs. Richfield
Homes in Richfield sold for a median $355,000 over the 12 months through September 2026, 0% more than in Minneapolis ($353,500). Homes sold faster in Richfield: 38 days on market on average, against 54 in Minneapolis. Richfield's homes are newer, with a median year built of 1959 against 1951. Minneapolis is closer to downtown Minneapolis: about 5 minutes by car, against 16. The two are about 6 miles apart, roughly a 16-minute drive.
Housing market, 12 months through September 2026
| Measure | Minneapolis | Richfield |
|---|---|---|
| Median sale price | $353,500 | $355,000 |
| Change from a year earlier | +2.5% | −2.7% |
| Homes sold | 4,031 | 412 |
| Days on market | 54 | 38 |
| Share of original list price | 98.7% | 99.3% |
| Price per square foot | $255 | $216 |
| New listings | 5,963 | 536 |
| Homes for sale (September 2026) | 1,136 | 85 |
| Months of supply (September 2026) | 3.4 | 2.5 |
Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).
The homes
| Measure | Minneapolis | Richfield |
|---|---|---|
| Median home value (owner estimate) | $362,200 | $344,000 |
| Median year built | 1951 | 1959 |
| Single-family homesShare of all housing units, detached houses | 44% | 62% |
| Owner-occupied homes | 48% | 62% |
| Median rent | $1,371 | $1,393 |
Source: US Census Bureau, American Community Survey 2020–2024.
The place
| Measure | Minneapolis | Richfield |
|---|---|---|
| Population (2024) | 428,579 | 36,491 |
| Land area | 54 sq mi | 6.8 sq mi |
| Drive to Downtown Minneapolis | 5 min | 16 min |
| Drive to Downtown Saint Paul | 15 min | 25 min |
| Drive to MSP Airport | 18 min | 13 min |
| Drive to Mall of America | 19 min | 9 min |
| Drive to University of Minnesota | 6 min | 19 min |
| Average commute to work | 22 min | 23.1 min |
| Lakes of 10+ acresMinnesota DNR lake outlines touching the city | 11 | 3 |
Source: US Census Bureau 2024 estimates and TIGER/Line; drive times from OpenStreetMap routing (light traffic).
Minneapolis
School districts: Minneapolis Public School District
Largest lakes: Bde Maka Ska (424 acres), Lake Harriet (341 acres), Lake Nokomis (201 acres), Cedar Lake (164 acres), Lake of Isles (114 acres)
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
Minneapolis or Richfield?
Is Minneapolis or Richfield more expensive?
Richfield. The median sale price was $355,000 there and $353,500 in Minneapolis 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, Minneapolis or Richfield?
Richfield: 38 days on market on average against 54, over the 12 months through September 2026.
Which is closer to downtown Minneapolis?
Minneapolis, about 5 minutes by car in light traffic (16 from Richfield). To downtown Saint Paul: 15 minutes from Minneapolis, 25 from Richfield.
How far apart are Minneapolis and Richfield?
About 6 miles in a straight line between their centers, or roughly 16 minutes by car.
Which has more lakes, Minneapolis or Richfield?
Minneapolis has more: 11 lakes of 10+ acres touch Minneapolis (largest: Bde Maka Ska) and 3 touch Richfield (largest: Legion Lake), by Minnesota DNR lake outlines.
Which school districts serve Minneapolis and Richfield?
Minneapolis: Minneapolis 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 Minneapolis 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 Minneapolis 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.