New Richland, MN Home Values & Market Trends
Real estate market trends reflect that there have been 46 transactions over the past year in New Richland. The median value for residential home transactions that occurred over the previous year is $195,616.71. The number of current listings in New Richland is 1, and the percentage of properties for sale in the city is 1.00%. New Richland, MN currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 1 properties for sale.
New Richland, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 56072 | $ 319,900 $ 118/sqft |
Housing Market Summary for New Richland, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $229.9K | $160.2K | -30.33% |
| Median Sold Price | $196.9K | $160.2K | -18.65% |
| Homes For Sale | 5 | 3 | -40.00% |
| Homes Sold | 9 | 16 | 77.78% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in New Richland, MN
Browse Homes in New Richland, MN
New Richland home values range from $21,494 to $5,556,106. The median estimated value of a home in New Richland is $195,616.71. The median list price of a home is 319,900, and the total count of properties in the city is 832.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in New Richland, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within New Richland, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Richland, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in New Richland, MN. There is 1 zips within New Richland, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions56072 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of New Richland, MN. Auction homes and other auction properties account for 0.12% of all properties in New Richland, MN. There is 1 zips within New Richland, MN; of that zips, the median estimated home value for homes going to auction ranges from $151,203 in 56072 to the lowest value of $151,203 in 56072.
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More Real Estate Resources for New Richland, MN
Guide for New Richland, MN
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