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

The median home price in Southwest Richfield is $344,500, down 4% year-over-year. Homes sell in a median of 27 days. The sale-to-list ratio is 99.51%.

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

On a $344,500 home in Southwest Richfield, a traditional agent charges around 3% — about $10,335. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $6,836 while getting MLS listing and expert support.

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

The median home in Southwest Richfield spends 27 days on market. 47.62% of listings go pending within two weeks. 24 homes sold recently in this neighborhood.

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

Southwest Richfield had 24 homes sell recently at a median of $344,500. Sellers are getting 99.51% of their asking price. 41.67% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Minnesota/Richfield

Southwest Richfield · Richfield, MN

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

The median home in Southwest Richfield sells for $344,500 with prices down 4% year-over-year. Ridley's flat fee saves you $6,836.

Southwest Richfield Real Estate Market Conditions

62out of 100

Ridley Sell Score

How it's scored →

Moderate

62/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Southwest 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 3.636363636% year-over-year — vs. -0.8% statewide.

Seller LeverageFavors sellers

Homes selling at 99.51% of asking — buyers are negotiating 0.5% below list. Minnesota average is 98.4%.

Bidding ActivityFavors sellers

41.67% of homes selling above list price — 80% above the Minnesota average of 23.1%.

Sale SpeedFavors sellers

27 median days on market — 30 days faster than the Minnesota average.

Market UrgencyFavors sellers

47.62% 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

$344,500

-4%

Days on Market

Price per Sq Ft

$206

Sale-to-List Ratio

99.51%

Homes Sold

Sold Above List

41.67%

Pending in 2 Weeks

47.62%

Source: public market records

Get AI-powered market intelligence

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

Your savings

How much can you save selling in Southwest Richfield?

$0Estimated savings

That's 6 months of groceries — save 2.0% of your home value

Your Southwest Richfield home value

$344,500

$50,000$10M

Traditional Agent (3%)

$10,335

Ridley Pro (flat fee)

$3,499

Ready to sell in Southwest Richfield?

Get a personalized selling strategy with AI-powered pricing analysis

Get Your Selling Strategy

Cost comparison

Cost to sell in Southwest Richfield

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$10,335	$3,499	$999
Buyer agent	$9,6462.8% avg	$6,890~2% avg	$6,890~2% avg
Closing costs (~1.5%)	$5,168	$5,168	$5,168
Total cost	$25,149	$15,557	$13,057
You save	—	$6,836	$9,336

Based on the Southwest Richfield median home price of $344,500. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

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

A flat fee of $3,499 instead of the typical $10,335 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Southwest 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 Southwest 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 $6,836 more

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

Get Your Selling Strategy

FAQ

Common questions about selling in Southwest Richfield

Ready to sell in Southwest Richfield?

Save $6,836

Get Your Selling Strategy

Explore nearby

More Richfield neighborhoods

Northwest Richfield

$326,00035d on market21 sold

Northeast Richfield

$329,50043d on market21 sold

Southeast Richfield

$365,00038d on market15 sold

View all Richfield market data →