Three-dimensional N -extended superconformal symmetry is studied within the superspace formalism. A superconformal Killing equation is derived and its solutions are classified in terms of supertranslations, dilations, Lorentz transformations, Rsymmetry transformations and special superconformal transformations. Superconformal group is then identified with a supermatrix group, OSp(N |2, R), as expected from the analysis on simple Lie superalgebras. In general, due to the invariance under supertranslations and special superconformal transformations, superconformally invariant n-point functions reduce to one unspecified (n − 2)-point function which must transform homogeneously under the remaining rigid transformations, i.e. dilations, Lorentz transformations and R-symmetry transformations. After constructing building blocks for superconformal correlators, we are able to identify all the superconformal invariants and obtain the general form of n-point functions. Superconformally covariant differential operators are also discussed.