Richfield Real Estate

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Richfield Real Estate & Homes for Sale in Minnesota
6728 Russell Avenue S, Richfield in Hennepin County, MN 55423 Home for Sale
Richfield, MN
Tingdale Bros Lincoln Hills
2 Bed, 1 Bath
1,116 Sq.Ft
$244,900
Details of New Listing
Single Family - Richfield, Mn | Homes Plus Realty
6500 Woodlake Drive, Richfield in Hennepin County, MN 55423 Home for Sale
Richfield, MN
Woodlake Point Condominiums
1 Bed, 0.75 Bath
843 Sq.Ft
$100,000
Details of Lake View
High Rise (4+ Levels) - Richfield, Mn | Keller Williams Integrity Re
1120 Woodlake Lane, Richfield in Hennepin County, MN 55423 Home for Sale
Richfield, MN
Condo 0210 Wood Lake Village
2 Bed, 1 Bath
1,062 Sq.Ft
$199,900
Details of Townhome
Manor/Village - Richfield, Mn | Re/Max Results
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 20th, 2020: homes priced around $286,314 compared to $279,171 the previous week, showing a increase of more than +2%.  For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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