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2025 Compare Cities Housing:
Richfield, MN vs Chanhassen, MN

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Highlights
- The median age of a home in Richfield is 54.0% older than the median age of a home in Chanhassen.
 Richfield, MNChanhassen, MNUnited States
 Median Home Age63  Unlock42
 Median Home Cost  Unlock$457,400$338,100
 Home Appr. Last 12 months7.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock45.3%57.0%
 Home Appr. Last 10 yrs.89.0%  Unlock101.1%
 Property Tax Rate  Unlock$10.9$11.0
 Homes Owned60.7%  Unlock57.4%
 Housing Vacant  Unlock4.9%11.2%
 Homes Rented36.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Richfield, MNChanhassen, MNUnited States
 Average Rent  Unlock$2,190$1,840
 Studio Apartment$990  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,330$1,180
 2 Bedroom Home or Apartment$1,390  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,220$1,860
 4 Bedroom Home or Apartment$2,180  Unlock$2,160
 space1
 Vacant Housing
 Richfield, MNChanhassen, MNUnited States
 Vacant For Rent  Unlock1.2%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold0.5%  Unlock0.4%
 Vacant Vacation  Unlock1.7%3.6%
 Vacant Other1.1%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Richfield, MNChanhassen, MNUnited States
 Less Than $20,000  Unlock0.7%2.6%
 $20,000 to $39,9990.7%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.8%  Unlock3.9%
 $80,000 to $99,999  Unlock0.1%4.5%
 $100,000 to $149,9993.2%  Unlock11.3%
 $150,000 to $199,999  Unlock5.2%13.0%
 $200,000 to $299,99956.2%  Unlock20.1%
 $300,000 to $399,999  Unlock20.0%13.6%
 $400,000 to $499,9995.4%  Unlock8.3%
 $500,000 to $749,999  Unlock23.3%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock4.8%2.2%
 $1,500,000 to $1,999,9990.1%  Unlock0.8%
 $2,000,000 and over  Unlock1.5%1.1%
 space3
 Housing Units By Year Built
 Richfield, MNChanhassen, MNUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock17.2%13.6%
 2000 to 20095.6%  Unlock13.6%
 1990 to 1999  Unlock30.4%13.6%
 1980 to 19896.8%  Unlock13.2%
 1970 to 1979  Unlock6.5%14.8%
 1960 to 19695.2%  Unlock13.6%
 1950 to 1959  Unlock3.6%10.0%
 1940 to 194917.6%  Unlock4.7%
 1939 or Earlier  Unlock2.0%12.2%
Transportation
Reviews for Richfield    3 Reviews
Charles · Minneapolis, MN
Richfield
Over 12 years ago

Richfield is probably the most convenient suburb in the Twin Cities. It is near 494, 35W, 35E, 55, 100, 169, and 62...which are basically all the major free ways in the  More

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Barb · Minneapolis, MN
Urban Small Town
Over 14 years ago

Comfortable middle class suburb. Fifteen minutes from both downtown Minneapolis and St. Paul. Conveniently close to the airport. Good schools. Lots of parks and  More

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John · St. Paul, MN
Richfield, MN
Over 19 years ago

Richfield is a first-ring, older suburb of 1950's and 60's houses. They range from very nice, middle-class houses to poorly maintained, cheaply built houses that now  More

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Reviews for Chanhassen    1 Reviews
Arlene · Bartlesville, OK
Nice place to live
Over 13 years ago

When we moved to Chan in 1996, I was doubtful about the term "Minnesota nice." We moved there from Michigan, where I was a very happy stay at home mom. We ended up  More

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Learn More About Richfield, Minnesota
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