New Richland, MN Housing Market
The New Richland housing market is very competitive. The median sale price of a home in New Richland was $178K last month, down 24.5% since last year. The median sale price per square foot in New Richland is $130, up 16.6% since last year.
New Richland Housing Market Trends
since last year
since last year

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How hot is the New Richland housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 13 days.
- Hot homescan sell for about 5% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 24 days.
- Hot homescan sell for about 3% above list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 31 days.
- Hot homescan sell for about 2% above list price and go pending in around 10 days.
New Richland Migration & Relocation Trends
View houses in New Richland that sold recently
Recently sold homes
- $132,000 Last Sold Price3 beds2 baths—sq ft420 Aspen Ave N, New Richland, MN 56072List Price$150,000Sale to List12% under listDays on Market73 days420 Aspen Ave N, New Richland, MN 56072
- $322,000 Last Sold Price4 beds4 baths—sq ft515 2nd St SW, New Richland, MN 56072List Price$319,500Sale to List1% over listDays on Market131 days515 2nd St SW, New Richland, MN 56072
- $25,000 Last Sold Price2 beds1 bath—sq ft503 1st St SW, New Richland, MN 56072List Price$40,000Sale to List38% under listDays on Market56 days503 1st St SW, New Richland, MN 56072
- $180,000 Last Sold Price3 beds2 baths—sq ft404 1st St SW, New Richland, MN 56072List Price$160,000Sale to List13% over listDays on Market50 days404 1st St SW, New Richland, MN 56072
- $185,000 Last Sold Price4 beds1 bath—sq ft420 1st St SW, New Richland, MN 56072List Price$174,900Sale to List6% over listDays on Market43 days420 1st St SW, New Richland, MN 56072
- $175,000 Last Sold Price2 beds2 baths—sq ft310 7th St NW, New Richland, MN 56072List Price$175,000Sale to List0% over listDays on Market36 days310 7th St NW, New Richland, MN 56072
- $147,0002 beds1 bath1,952 sq ft408 2nd St SW, New Richland, MN 56072List Price—Sale to List—Days on Market—408 2nd St SW, New Richland, MN 56072
- $70,000 Last Sold Price3 beds2 baths—sq ft302 Broadway Ave S, New Richland, MN 56072List Price$70,000Sale to List0% over listDays on Market41 days302 Broadway Ave S, New Richland, MN 56072
See all recently sold homes in New Richland.
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Schools in New Richland
- Elementary
- Middle
- High
GreatSchools Rating
No elementary schools in this region.
Climate's impact on New Richland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in New Richland.
Flood Factor - Minor
Flood Factor

Fire Factor - Minimal
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Minor
Heat Factor

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