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#6759568, Listing office: Edina Realty, Inc.
New Richland Housing Market Report June 2025•Waseca County, Minnesota
Housing Prices in New Richland, MN
How much do homes in New Richland, MN cost?
Housing Market Conditions
Is New Richland, MN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Richland is a Seller's Market
Difference Since June 2024
Since last year, New Richland has remained a Seller's Market.
Insight
New Richland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$220,000$151/SqFt
+$36,500
+19.9%
Based on all homes sold in the last 12 months
Insight
Homes in New Richland have sold for 19.9% more than they did a year ago.
Summary: The median home sold price in New Richland was $220,000 in June 2025, up 19.9% from last year, and the median price per square foot was $151.
Median Sold Price By Cities
| City | Jun 2024 | Jun 2025 | Change YoY |
|---|---|---|---|
| New Richland Township | $183.5K | $220K | +19.9% |
| New Richland | $183.5K | $220K | +19.9% |
Median Sold Price By Bedrooms
| Beds | Jun 2024 | Jun 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $315K | N/A |
| 22 Bedrooms | $175K | $165K | -5.7% |
| 33 Bedrooms | $169.9K | $235K | +38.3% |
| 44 Bedrooms | $258K | $242.5K | -6.0% |
| 55+ Bedrooms | $327.4K | $455K | +39.0% |
Summary: New Richland housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -5.7%. The home price for 3 bedroom homes increased by +38.3%. The home price for 4 bedroom homes decreased by -6.0%. The home price for 5 bedroom homes increased by +39.0%.
How does New Richland, MN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
New Richland, MN
Housing supply in New Richland, MN
How many homes are available in New Richland, MN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 14Last MonthJun 2025 | ||
| 112 months agoMay 2025 | +27.3 % Change MoMMay – Jun |
Summary: The New Richland real estate market had 14 homes for sale in Jun 2025, a 27.3 % increase compared to May 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthJun 2025 | ||
| 02 months agoMay 2025 | +100.0 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
| Beds | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 2 | 3 | +50.0% |
| 33 Bedrooms | 7 | 8 | +14.3% |
| 44 Bedrooms | 1 | 2 | +100.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: New Richland housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +14.3%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in New Richland, MN cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price3 Homes
Insight
If you're buying a home in New Richland, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in New Richland in June 2025, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and and 25% were sold over asking.
Days on Market for New Richland, MN
How long does it take to sell a home in New Richland, MN?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Many homes in New Richland are selling fast, if you're buying plan to act quickly.
Summary: During June 2025, 4 homes were sold in New Richland; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 44 DaysThis YearJun 2025 | ||
| 81 Days1 year agoJun 2024 | -45.1 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in New Richland had an average listing age of 44 days in Jun 2025, down by 45.1% compared to the previous year.
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Newest Listings in New Richland, MN
What homes are available in New Richland, MN?
#6754918, Listing office: Edina Realty, Inc.
#6753310, Listing office: Help-U-Sell Heritage Real Est.
#6746595, Listing office: Beycome Brokerage Realty LLC
#6745338, Listing office: RE/MAX Masters
#6606608, Listing office: Coldwell Banker Realty
Nearby markets
Nearby markets aren't available for New Richland, MN
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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., for the period 07/01/2023 - 07/01/2025
Copyright © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. By searching, you agree to the EULA Terms Agreement.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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Last updated on: 7/24/2025, 3:37:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.