Unshakable ZIP Data 55423 | Richfield, MN Housing Market
Richfield · Hennepin County · Minneapolis-St. Paul-Bloomington, MN-WI metro · Minnesota · Data updated June 19, 2026
The median sale price in ZIP 55423, Richfield, Minnesota is $354,895 at $219 per square foot. 102 single-family homes sold in the latest period, down 8.2 percent from a year earlier. Homes sit a median of 20 days on market with 2.2 months of supply. Sellers are getting 101.5 percent of list price and 51.5 percent of homes sold above asking.
Seller's market. No room for sloppy offers.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $358,089 | |
| Average price per sq ft | $221 | |
| Median sale price | $354,895 | |
| Median sale price per sq ft | $219 | |
| Median home size | 1,617 sq ft | |
| Median new listing price | $366,765 | -0.1% |
| National size rank | 2,384 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 102 | -8.2% |
| Median days on market | 20 days | |
| Months of supply | 2.2 months | |
| New listings | 149 | +14.8% |
| Active listings | 190 | +12.0% |
| Pending sales | 118 | -8.1% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 101.5% | -0.7 pts |
| Share sold above list | 51.5% | -9.7 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
1-bedroom
$150,763
2-bedroom
$310,186
3-bedroom
$355,314
4-bedroom
$398,151
5-bedroom
$431,689
These figures describe the single-family market for Richfield, Minnesota ZIP 55423. They are market context, not a substitute for sold comps or a formal appraisal.