Richfield Real Estate Market Report

Closed sales, November 2025 to October 2026 · Zone 29, Edmonton

Richfield in short

25 homes sold in Richfield from November 2025 to October 2026. Houses sold for a median $425,950 and took 19 days, at 99.1% of list price.

What homes sold for, by type

Houses

$425,950

17 sales · 19 days to sell · 99.1% of list price

Townhouses

$229,851

8 sales · 25 days to sell · 97.1% of list price

Each figure is the median of what that type actually sold for over the past 12 months — the middle sale, so one large or small home doesn’t move it. It is not the value of any one home.

Where prices fell

Houses sold by price, past 12 months · red marks the median

Townhouses sold by price, past 12 months · red marks the median

Through the year

Houses sold per quarter

QuarterSalesMedian priceDays to sell
Nov ’25–Jan ’264too few to say–
Feb–Apr 20265$435,00020
May–Jul 20265$440,00017
Aug–Oct 20263too few to say–

Spring is normally the Edmonton region’s busiest season and late fall its slowest, so compare a quarter with the same quarter a year earlier rather than the one before. A quarter with fewer than 5 sales shows no median.

How fast, and how close to asking

TypeSalesMedian pricePer sq ftDays to sellSale-to-listSold under asking
Houses17$425,950$3591999.1%53%
Townhouses8$229,851$2082597.1%88%

Sale-to-list is the sold price against the final list price, so a home that was reduced before it sold counts against its last price, not its first. Days to sell is the median days on the market for the listing that sold.

Supply as of November 1, 2026

All home types

2.9 months of supply

6 for sale · about 2.1 sales a month

All home types: 6 for sale against about 2.1 sales a month, or 2.9 months of supply — tight on supply alone. 64% sold under asking, so buyers were negotiating.

Months of supply is the homes for sale divided by the average month’s sales over the past year. Under four months is usually tight, four to six balanced, over six ample. Supply is one measure; read it with how close to asking homes sold. Sales usually slow through fall and winter, which stretches the figure.

What a typical sale looks like

Houses

1,194sq ft, typical size
1973typically built
4bedrooms
2bathrooms
76%finished basement
76%with a garage

Townhouses

959sq ft, typical size
1975typically built
3bedrooms
2bathrooms
75%finished basement
38%with a garage

Each figure is its own median across that type’s sales here in the past year, not one particular home. A half bath counts as half.

Sold prices against the City assessment

Houses that sold here had a median price of $425,950. The City’s 2026 assessment puts the median house in Richfield at $410,000, across all 529 of them, so sales ran 4% above the roll. The assessment values every home as of July 1, 2025, so it trails the market; it is a starting point, not a sale price.

Houses across Zone 29

NeighbourhoodSalesMedian priceDays to sellSale-to-list
Bisset32$430,0002299.0%
Crawford Plains40$417,5002398.1%
Daly Grove21$439,0002698.1%
Ekota17$450,00016100.0%
Greenview15$517,5002798.7%
Hillview23$463,0002099.1%
Jackson Heights33$480,0003298.1%
Kameyosek13$411,2003397.5%
Kiniski Gardens70$379,5001898.5%
Lee Ridge10$351,2503497.9%
Menisa29$460,0002896.9%
Meyokumin20$410,5004198.5%
Meyonohk20$420,8001898.2%
Michaels Park16$425,3502797.4%
Minchau23$379,9002597.9%
Pollard Meadows23$422,0001998.8%
Richfield17$425,9501999.1%
Sakaw31$388,0003797.8%
Satoo25$427,0002497.2%
Tipaskan10$407,5001898.1%
Tweddle Place18$439,5002098.4%
Weinlos24$391,9501598.9%

Common questions

What is the average home price in Richfield?

Over the past 12 months the median house in Richfield sold for $425,950, across 17 sales.

How fast do homes sell in Richfield?

The median house sold in 19 days over the past year, at 99.1% of its final list price.

Is Richfield a buyer's or a seller's market?

Homes had 2.9 months of supply at the end of October 2026, which reads as tight, and 64% sold under asking, so buyers were negotiating. Supply is one measure; read it with how close to asking homes sold, and remember that sales usually slow through fall and winter.

Where do these figures come from?

Closed sales on the REALTORS® Association of Edmonton MLS® System, November 2025 to October 2026, aggregated by Real Living. Every figure is a median or a count; no single sale is shown.

About these figures

Closed sales from the REALTORS® Association of Edmonton MLS® System, November 2025 to October 2026, with homes for sale counted on November 1, 2026. Houses include detached homes and freehold half duplexes; condo-titled townhouses and apartments are counted separately by building style. Lots and acreages are left out. Medians, not averages, and nothing per-property. Figures describe what sold, not what any specific home is worth.