3018 78th St. W., Richfield sold by Ann M. and Erik Engdahl

The home at 3018 78th St. W., Richfield, Hennepin County, was sold on June 26 by Ann M. and Erik Engdahl for $325,000.

Arcenio Venegas Hernandez and Blanca E. Sanchez Garcia were listed as the buyers.

Property taxes on the home totaled $3,926 in 2025, or 1.2% of the sale price.

This property is one of 32 sales in Richfield, Hennepin County, between May 26 and June 26.

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.