Mari and Sydney Payton sell 7532 Sheridan Ave. S., Richfield (Hennepin County)

The home at 7532 Sheridan Ave. S., Richfield, Hennepin County, was sold on June 25 by Mari and Sydney Payton for $510,000.

Thomas C. Evans was listed as the buyer.

Property taxes on the home totaled $6,481 in 2024, or 1.3% of the sale price.

This property is one of 26 sales in Richfield, Hennepin County, between May 25 and June 25.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.