Richfield is one of the Twin Cities' best under-the-radar markets, affordable, walkable, and full of long-tenured owners who've built serious equity in mid-century ramblers. It's a great fit for both first-time buyers and retirees exploring reverse mortgages.
The Richfield housing market
Median home values in Richfield have climbed steadily and now sit in the low-to-mid $300s. The mix of first-time buyers and retiring original owners makes for a two-sided market Brian helps both sides of.
Reverse mortgages in Richfield
Richfield homeowners who bought in the 1970s–1990s are often mortgage-free or nearly so. A HECM line of credit, used carefully, can create an emergency reserve that grows over time without requiring monthly payments.
Neighborhoods
- East Richfield
- West Richfield
- Wood Lake
- Central Richfield
Loan options for Richfield
- Reverse Mortgage (HECM)
- FHA First-Time Buyer
- Conventional
- VA
- Refinance
Attractions & landmarks
- Wood Lake Nature Center
- Veterans Memorial Park
- Richfield Ice Arena
- Augsburg Park
Schools
Richfield Public Schools is a diverse, community-anchored district. Academy of the Holy Angels serves families seeking private education.