The median home in Richfield, Minnesota is valued at $333,290, up 3.1% year over year. Typical monthly rent is $1,274, producing a price-to-rent ratio of 21.8x — well above the national average of 18x. Richfield is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$333,290

+3.1%

Rent$1,274/mo

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$66,658 on $333,290

Example: $75,000 household income. Change it above to see your own.

Stretch34.3% of income

Above 28% but manageable with cuts.

PITI$2,146

P/I34.3%

Afford$272K

Gap-$62K

P&I $1,685Tax $311Ins $150

Renting $872/mo cheaper ($1,274 rent)6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Richfield with other housing markets across Minnesota.

Minnetonka Beach$2.22M Woodland$1.62M Greenwood$1.6M Sunfish Lake$1.16M Orono$1.08M Medicine Lake$1.08M Tonka Bay$1.06M Deephaven$1.02M

Full Minneapolis-St. Paul-Bloomington, MN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Minneapolis-St. Paul-Bloomington, MN-WI metro.

View Minneapolis-St. Paul-Bloomington, MN-WI metro

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Richfield, MN