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States / Minnesota / Richfield

Richfield, MN Housing

ACS 2020-2024

Median Home Value
$344,000 ± $4,212
Median Gross Rent
$1,393 ± $43/mo
Homeownership Rate
61.6%
Rent as Share of Income
19.6%
Price-to-Income Ratio
4.0×
Vacancy Rate
3.7%
Median Year Built
1959

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
42
Buildings
1
Single-Family Units
0
Multi-Family Units
42

Nearby Cities in Minnesota

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Richfield, MN Housing: Rent & Home Values | HomeDataUSA