What is the median home price in Northwest Richfield, Richfield?

The median home price in Northwest Richfield is $326,000, down 5% year-over-year. Homes sell in a median of 35 days. The sale-to-list ratio is 98.72%.

How much does it cost to sell a home in Northwest Richfield?

On a $326,000 home in Northwest Richfield, a traditional agent charges around 3% — about $9,780. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $6,281 while getting MLS listing and expert support.

How long does it take to sell a home in Northwest Richfield?

The median home in Northwest Richfield spends 35 days on market. 42.11% of listings go pending within two weeks. 21 homes sold recently in this neighborhood.

Is Northwest Richfield a good neighborhood to sell in right now?

Northwest Richfield had 21 homes sell recently at a median of $326,000. Sellers are getting 98.72% of their asking price. 28.57% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Minnesota/Richfield

Northwest Richfield · Richfield, MN

Is Now a Good Time to Sell in Northwest Richfield, Richfield?

The median home in Northwest Richfield sells for $326,000 with prices down 5% year-over-year. Ridley's flat fee saves you $6,281.

Northwest Richfield Real Estate Market Conditions

60out of 100

Ridley Sell Score

How it's scored →

Moderate

60/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Northwest Richfield market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Minnesota average is 2.9.

Price MomentumFavors buyers

Prices down 4.956268222% year-over-year — vs. -0.8% statewide.

Seller LeverageNeutral

Homes selling at 98.72% of asking — buyers are negotiating 1.3% below list. Minnesota average is 98.4%.

Bidding ActivityNeutral

28.57% of homes selling above list price — 24% above the Minnesota average of 23.1%.

Sale SpeedFavors sellers

35 median days on market — 22 days faster than the Minnesota average.

Market UrgencyFavors sellers

42.11% of listings go pending within 2 weeks — vs. 33.1% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Minnesota average is 27.3%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$326,000

-5%

Days on Market

Price per Sq Ft

$214

Sale-to-List Ratio

98.72%

Homes Sold

Sold Above List

28.57%

Pending in 2 Weeks

42.11%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Richfield — delivered monthly.

Your savings

How much can you save selling in Northwest Richfield?

$0Estimated savings

That's 6 months of groceries — save 1.9% of your home value

Your Northwest Richfield home value

$326,000

$50,000$10M

Traditional Agent (3%)

$9,780

Ridley Pro (flat fee)

$3,499

Ready to sell in Northwest Richfield?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Northwest Richfield

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$9,780	$3,499	$999
Buyer agent	$9,1282.8% avg	$6,520~2% avg	$6,520~2% avg
Closing costs (~1.5%)	$4,890	$4,890	$4,890
Total cost	$23,798	$14,909	$12,409
You save	—	$6,281	$8,781

Based on the Northwest Richfield median home price of $326,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Northwest Richfield

A flat fee of $3,499 instead of the typical $9,780 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Northwest Richfield market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Northwest Richfield buyers look — plus a custom Ridley listing page with AI chat.

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

Close and keep $6,281 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

Get Your Selling Strategy

FAQ

Common questions about selling in Northwest Richfield

Ready to sell in Northwest Richfield?

Save $6,281

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Explore nearby

More Richfield neighborhoods

Southwest Richfield

$344,50027d on market24 sold

Northeast Richfield

$329,50043d on market21 sold

Southeast Richfield

$365,00038d on market15 sold

View all Richfield market data →