Richfield MN Multi Family for Sale

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Richfield Real Estate

The median home value in Richfield, MN is $372,500. This is higher than the county median home value of $342,800. The national median home value is $338,100. The average price of homes sold in Richfield, MN is $372,500. Approximately 60.67% of Richfield homes are owned, compared to 36.36% rented, while 2.98% are vacant. Richfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richfield real estate agent to arrange a tour today!

Richfield, Minnesota has a population of 36,899. Richfield is less family-centric than the surrounding county with 26.87% of the households containing married families with children. The county average for households married with children is 33.3%.

The median household income in Richfield, Minnesota is $74,301. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Richfield is 37.3 years.

Richfield Weather

The average high temperature in July is 83.7 degrees, with an average low temperature in January of 7 degrees. The average rainfall is approximately 31.7 inches per year, with 52.6 inches of snow per year.

Richfield Real Estate Market Conditions

  • Median sales price

    $372,500
    7.1% change since last quarter
  • # Active listings

    47
    30-day change

Richfield Schools and Demographics

Education near Richfield, MN

Metric City County
High School Graduates 91.37 93.87
College Degree - 2 year 8.23 8.7
College Degree - 4 year 43.71 51.85
Graduate Degree 9.05 13.68
Expenditures per Student 19,300 19,300
Students per Teacher 16.1 16.1

Elementary Schools near Richfield, MN

School Grades Students P/T Ratio ZIP
Burroughs Elementary School KG - 05 789 21 55419
Centennial Elementary School KG - 05 504 12.6 55423
Cornelia Elementary School KG - 05 584 15 55435
Hale Elementary School KG - 04 650 20.3 55417
Hiawatha Leadership Academy KG - 04 383 13.2 55417
Indian Mounds Elementary School KG - 05 361 13.6 55420
Kenny Elementary School KG - 05 437 18.6 55419
LK Nokomis Comm-Keewaydin Campus 03 - 08 394 14.6 55417
LK Nokomis Comm-Wenonah Campus KG - 02 294 15.4 55417
Partnership Academy KG - 05 297 10.7 55423
Richfield Dual Language School KG - 05 461 16.2 55423
Richfield Stem School KG - 05 737 15.1 55423
Sheridan Hills Elementary School KG - 05 545 15.1 55423
Southside Family Charter School KG - 08 109 10.7 55419
Stonebridge World School KG - 08 256 11.6 55419
Valley View Elementary School KG - 05 530 12.5 55420
Windom School PK - 05 494 17.3 55419

Middle Schools near Richfield, MN

School Grades Students P/T Ratio ZIP
Anthony Middle School 06 - 08 633 16.6 55419
Field Elementary School 05 - 08 501 19.4 55419
Minneapolis Academy Charter School 05 - 08 142 14.3 55417
Ramsey Middle 06 - 08 625 20.4 55419
Richfield Middle School 06 - 08 881 13.6 55423
Valley View Middle School 06 - 08 639 12.7 55420

High Schools near Richfield, MN

School Grades Students P/T Ratio ZIP
Kennedy Senior High School 09 - 12 1,477 17.7 55420
Richfield Senior High School 09 - 12 1,115 18.6 55423
Washburn Senior High School 09 - 12 1,468 20.4 55419
Watershed High School 09 - 12 51 10.2 55423

Ungraded Schools near Richfield, MN

School Grades Students P/T Ratio ZIP
* 4092 - Watershed High School ALC 09 - 12 0 55423
* ALC Richfield - Success At 15 07 - 12 0 55423
* ALC Richfield HS-Is 09 - 12 0 55423
* Beacon - (287) 09 - 12 88 17.6 55420
* Beacon ALP Is 09 - 12 0 10 55420
* Richfield Career Education Program 09 - 12 54 14.5 55423
* SECA - Is 09 - 12 0 55423
* Secondary Special Education School 12 - 12 12 3 55423
Intersect 06 - 12 0 1.7 55423
Mill City High School UG - UG 0 55419
Prairie Care Edina - PHP KG - 12 16 7.4 55435
Secondary Special Education School 12 - 12 12 3 55423
South Education Center Academy PK - 12 120 9 55423

Demographics near Richfield, MN

Metric City County
Neighborhood Type Inner City
Population 36,899 1,270,283
Population Density 5,490 2,294
Median Age 37.3 36.9
People per Household 2.3 2.4
Median Household Income 74,301 85,438
Average Income per Capita 39,958 50,478