In June 2021, there were 18 homes sold, with a median sale price of $320,700 - a 10.5% increase over the $290,350 median sale price for the same period of the previous year. There were 36 homes sold in Richfield in June 2020.
The median sales tax in Richfield for the most recent year with available data, 2019, was $3,521, approximately 1.1% of the median home sale price for June 2021.
The following table compares Richfield to other Hennepin County cities with similar median sale prices in June 2021:
| City | June 2021 Home Sales | June 2020 Home Sales | % change (Total Home Sales) | June 2021 Median Sales Price | June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| New Hope | 7 | 24 | -70.8% | $340,000 | $273,850 | 24.2% |
| Golden Valley | 5 | 26 | -80.8% | $335,000 | $322,500 | 3.9% |
| Minneapolis | 127 | 366 | -65.3% | $332,500 | $306,650 | 8.4% |
| Bloomington | 31 | 69 | -55.1% | $325,000 | $317,000 | 2.5% |
| Medina | 1 | 9 | -88.9% | $325,000 | $480,000 | -32.3% |
| Richfield | 18 | 36 | -50% | $320,700 | $290,350 | 10.5% |
| Crystal | 8 | 20 | -60% | $307,450 | $250,000 | 23% |
| Minnetrista | 7 | 12 | -41.7% | $300,000 | $529,277 | -43.3% |
| Robbinsdale | 10 | 22 | -54.5% | $273,350 | $269,500 | 1.4% |
| Corcoran | 1 | 4 | -75% | $266,977.90 | $440,000 | -39.3% |
| Brooklyn Center | 6 | 35 | -82.9% | $262,500 | $230,000 | 14.1% |
Alerts Sign-up