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Sherburne County Minnesota Real Estate and Property Listings for Sale

Condos For Sale In
Richfield, MN

Discover your ideal condos in Richfield, MN with ez Home Search. We offer 23 carefully selected listings to match your unique lifestyle and preferences. Immerse yourself in detailed property information, stunning high-resolution images, and interactive 3D virtual tours that bring each home to life. Our comprehensive tools, including personalized property value estimates, mortgage calculators, and refinance assessments, empower you to make informed decisions whether you're seeking a new home or investment opportunity. Create your free account today to unlock exclusive features and stay ahead with instant updates on new listings that match your criteria. Explore all real estate and properties for sale in Richfield, MN.
23 Available Listings

Searching for condos in Richfield, MN? Tour the 23 latest listings of condos for sale in Richfield, MN and find your dream unit. Our listings are packed with essential details to aid your search, including:

  • Hi-res condominium photos
  • 3D tours
  • Interactive maps
  • Thorough descriptions
  • Insightful market data

Aside from immersing yourself in the condo listings' details, features, amenities, and possibilities, you can also effortlessly track and save your top picks on our website or get alerted when your perfect condo hits the market. Furthermore, our easy-to-use mortgage calculator provides an estimate of your monthly expenses.

For personalized answers to your questions, our online contact form can connect you directly with a lender to discuss your financing needs. They will assist you in understanding all of your financing options or getting pre-qualified for a mortgage.

When you're ready to explore condos for sale in Richfield, MN in person, request a live or virtual tour with our vetted local agents at the time of your choosing and experience your future flat firsthand. Our skilled real estate partners are ready to provide additional insights on each condo building, verify availability, and look out for you when it's time to make an offer.

Claim your EZHomeSearch account today to receive instant notifications on new condos that meet your criteria, save and track your favorite listings for price changes, and stay informed about the latest happenings in the Richfield, MN area.

Richfield, MN Housing Market Trends

The condo market in Richfield, MN has 23 condos currently available for purchase. Recent trends highlight an average sale price of $208,392 per condo, with the average price per square foot sitting at $188. Additionally, 2 units are under contract. Typically, condos in Richfield, MN remain on the market for about 92 days before they are successfully sold.

In Richfield, MN, the condo market offers a diverse range of options to suit all budgets, from the most affordable unit priced at $67,310 to the most luxurious condo listed at $1,149,990. This range of prices guarantees that you can find a condo that not only fits your financial requirements but also matches your lifestyle aspirations.

Richfield, MN Market Snapshot
Active Listings 23
Pending Sales 2
Average Sale Price $208,392
Average Price Per Sq. Ft. $188
Days on the Market 92
Last year's condo sales 28
Months of supply 0.09

Condos For Sale in Richfield, MN Summary/Overview

Explore the perks of condo living in Richfield, MN with us! Our listings, covering a diverse range of units throughout Hennepin County and encompassing 53 zip codes, are updated every minute to ensure you receive the most current information, whether you're actively buying or simply searching for fun.

Prospective condo buyers in the Richfield, MN market can choose from various options, each made to measure different preferences.

A significant factor to consider is the age of the condominium. The construction dates of condos in Richfield, MN cover a broad spectrum, from historic buildings established as far back as 1936 to the newest developments completed in 2020. Notably, the bulk of the condos were constructed around 1986.

The selection of condos in Richfield, MN is also diverse in terms of size. Options range from cozy studios starting at 660 square feet, perfect for individuals or couples, to expansive penthouses that scale up to 4,557 square feet, offering more commodities and space for those desiring an upscale vertical living experience.

HOA/Co-Op monthly fees play a crucial role in shaping both your budget and overall satisfaction with your potential new condo in Richfield, MN. These fees cover essential services such as maintenance of common areas, utilities, and access to amenities like gyms, pools, and security services.

Our site will make these easy to find, and you can even adjust your listing alerts to filter by these fees. We want to ensure you know these costs upfront to enable you to make a well-informed decision, ensuring that there are no unexpected expenses after settling into your unit.

Frequently Asked Questions

How many condos are for sale in Richfield, MN?

There are 23 condos for sale in Richfield, MN. More active condos usually means better selection and a little more time to compare before you offer.

What is the median list price of condos in Richfield, MN?

The median list price is $142,450. Median is a clearer "typical" price than average because extreme outliers—like a few luxury estates at the top or a few short sales/fixers at steep discounts—don't pull it up or down as much.

What is the average list price of condos in Richfield, MN?

The average list price is $160,478. Compare average vs. median to read the market's "tilt": when average is higher than median, upper-end condos are likely lifting the market; when average is lower than median, more lower-priced or discounted condos may be in the mix. A big gap in either direction usually means the current inventory is skewed.

What is the median price per square foot for condos in Richfield, MN?

Condos list at a median $148 per sq ft in Richfield, MN. Price-per-foot helps you compare value across neighborhoods and renovations; newer or recently updated condos often sit above the median.

How long do condos typically stay on the market in Richfield, MN?

The median days on market (DOM) is 59 days. Shorter DOM signals stronger demand—expect quicker tours and faster decisions when DOM is low; longer DOM often means you can compare more and negotiate.

What is the housing months of supply for condos in Richfield, MN?

Months of supply (MOS) is 13.0. MOS estimates how long it would take to sell all current listings at the recent sales pace if no new condos were listed. As a rule of thumb, 3–6 MOS is balanced; below 3 tends to favor sellers (move fast, expect competition), while above 6 can give buyers more leverage and time.

How many condos sold in the last 12 months in Richfield, MN?

28 condos sold over the last 12 months. Viewed together with MOS, this gives you a clear read on demand versus supply and helps your ez Home Search partner agent guide you to the best options and strategy.

How many new condo listings came on the market in the last 7 and 30 days in Richfield, MN?

1 new listings in the past 7 days and 8 in the past 30 days. Frequent new listings mean fresh choices appear often; slower weeks suggest acting quickly when the right condo appears.

How many condo listings had a price reduction in the last 30 days in Richfield, MN?

0 listings reduced price in the last 30 days. Price cuts can signal sellers aligning to demand—use them to spot improving values or timing for offers.

What is the median condo size for condos for sale in Richfield, MN?

The median interior size is 947 sq ft. This tells you the "typical" amount of living space you'll see at common price points, which helps you set expectations for rooms and layout before touring.

What is the median lot size for condos for sale in Richfield, MN?

The median lot size is 2.13 acres. Closer-in neighborhoods usually have smaller lots; farther out you'll often find more land—compare lot size alongside price-per-foot to balance yard space and interior space.

How many one-story vs. two-story condos are for sale in Richfield, MN?

About 100% one-story, 0% two-story, and 0% three-plus-story condos are active. Single-story condos are often in tighter supply and attract buyers who want fewer stairs, which can lead to quicker sales and firmer pricing when demand is strong.

What is the median year built for condos for sale in Richfield, MN?

The median year built among active condos is 1986. Newer condos typically offer modern systems and energy efficiency; older condos may offer larger lots and classic details, though some may need updates—factor both into your budget and timeline.

Which neighborhoods currently have the most condos for sale in Richfield, MN?

You'll find the most active condos for sale in the Condo 0533 Woodlake Point A Condo, Cic 1416 Kensington Park, Condo 0353 Lake Shore Drive Condo, Cic 0353 Lake Shore Drive Condo, Kensington Park communities. Starting your search there usually gives you more options in a single tour.

What is the typical monthly HOA for condos for sale in Richfield, MN?

The median HOA is $670 per month (where applicable). HOA dues affect your monthly affordability and loan qualification—use our mortgage calculator to see the full picture.

How much do you need to make to afford a condo in Richfield, MN?

The median condo price in Richfield, MN is $142,450. With a 20% down payment ($28,490) and a 30-year fixed at 7.0%, the estimated principal-and-interest (P&I) payment is $758/month (plus property taxes, homeowners insurance, HOA dues, PMI if required, and utilities). Based on the 28/36 guideline for housing costs—where total housing expenses should be about 28% to 36% of your gross income—you'd want a household income of roughly $32,493 to $25,272 per year. Use our pre-approval form to know exactly what you qualify for and to be able to make a stronger offer.

How are the schools near condos for sale in Richfield, MN?

Many condos in Richfield, MN are served by well-rated public and private schools; check each listing's school panel for boundary notes and current ratings, then compare nearby options as you narrow neighborhoods.

Bedroom Count
1 Bedroom 170
2 Bedroom 158
3 Bedroom
4 Bedroom
5+ Bedroom
Elevator
Yes 21
No 2
ADA Accessible
Yes 23
No 0
Popular Security Features in Richfield, MN
Waterfront Properties in Richfield, MN
Exterior Features
Patio 1
Porch 5
Screened Porch 5
Solarium 0
BBQ 0
Courtyard 0
Balcony 0
Parking
Assigned 16
Unassigned 2
Attached 5
Detached 0
Covered 3
Uncovered 0
Garage 4
Street 0
Garage Door Opener 13
Valet Parking
Building Amenities
Pool 0
Hot Tub 0
Sauna 1
Game Rooms 0
Storages 0
Gym/Fitness center 0
Playground 0
Beach Access 0
Picnic Area 0
Boat Dock 0
Laundry 7
Sport Court 0
Valet Parking
Sewer
Public 26
Private 0
Condos For Sale in Richfield, MN: Listing Overview
Richfield, MN Condos Listing Overview
Active Condos Listings in Richfield, MN 23
Condos Listings Under Contract in Richfield, MN 2
Price-Reduced Condos Listings in Richfield, MN 0
Recently Sold Condos in Richfield, MN 28

Demographic Data From Richfield, MN

Family Composition in Richfield, MN
Families with children 15.5%
Families without children 29.42%
Gender in Richfield, MN
Male 50.36%
Female 49.64%
Population by Age in Richfield, MN
Under 18 18.99%
18-64 62.32000000000001%
65 and over 18.7%
Marital Status by Gender in Richfield, MN
Never Married Male 37.28% / Female 32.84%
Now Married Male 53.5% / Female 48.86%
Divorced Male 6.98% / Female 12.35%
Widowed Male 2.24% / Female 5.96%
Occupied VS. Vacant Units in Richfield, MN
Occupied 16113
Vacant 1104
Ownership of Occupied Units in Richfield, MN
Owner Occupied 9988
Renter Occupied 6125
Population by Education Level in Richfield, MN
No Degree 31.83%
Some High School 8.21%
High School 19.03%
Some College 19.06%
Associates 7.52%
Bachelors 31.69%
Post-grad 26.46%
Population of Veterans in Richfield, MN
Veterans 4.48%
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