Median home value in zip code 55423 (Richfield, MN) is $338,861, up 2.9% year over year. Part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area.

Home Value$338,861

YoY Change

+2.9%

Prices rising — worse for buyers.

Affordability

Enter your income for 55423 (Richfield).

Income (annual)

Down Payment

$67,772 on $338,861

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

Stretch35.2% of income

Above 28% but manageable with cuts.

PITI$2,197

P/I35.2%

Afford$270K

Gap-$69K

P&I $1,713Tax $333Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

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

Metro Analysis

55423 is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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