New - 5 hours on Rocket
$5,164 Closing Credit¹
#6674307, Listing Office: JPW Realty
New Richmond Housing Market Report January 2025•Saint Croix County, Wisconsin
Housing Prices in New Richmond, WI
How much do homes in New Richmond, WI cost?
Housing Market Conditions
Is New Richmond, WI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Richmond is a Buyer's Market
Difference Since January 2024
Since last year, New Richmond has remained a Buyer's Market.
Insight
New Richmond is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$373,200$187/SqFt
+$19,900
+5.6%
Based on all homes sold in the last 12 months
Insight
Homes in New Richmond have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in New Richmond was $373,200 in January 2025, up 5.6% from last year, and the median price per square foot was $187.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $164.9K | $252K | +52.8% |
| 22 Bedrooms | $289.9K | $285K | -1.7% |
| 33 Bedrooms | $340K | $365K | +7.4% |
| 44 Bedrooms | $412.5K | $429K | +4.0% |
| 55+ Bedrooms | $415K | $530K | +27.7% |
Summary: New Richmond housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +52.8%. The home price for 2 bedroom homes decreased by -1.7%. The home price for 3 bedroom homes increased by +7.4%. The home price for 4 bedroom homes increased by +4.0%. The home price for 5 bedroom homes increased by +27.7%.
Housing supply in New Richmond, WI
How many homes are available in New Richmond, WI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 176Last MonthJan 2025 | ||
| 1812 months agoDec 2024 | -2.8 % Change MoMDec – Jan |
Summary: The New Richmond real estate market had 176 homes for sale in Jan 2025, a 2.8 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthJan 2025 | ||
| 432 months agoDec 2024 | -74.4 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 35 | 35 | 0.0% |
| 33 Bedrooms | 65 | 65 | 0.0% |
| 44 Bedrooms | 61 | 55 | -9.8% |
| 55+ Bedrooms | 20 | 21 | +5.0% |
Summary: New Richmond housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -9.8%. The inventory for 5 bedroom homes increased by +5.0%.
Asking Price vs. Sold Price
How much do homes in New Richmond, WI cost?
Over Asking Price2 Homes
At Asking Price4 Homes
Under Asking Price5 Homes
Insight
If you're buying a home in New Richmond, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in New Richmond in January 2025, down by 74.4% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and and 18% were sold over asking.
Days on Market for New Richmond, WI
How long does it take to sell a home in New Richmond, WI?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days3 Homes
Over 90 Days0 Home
Insight
Many homes in New Richmond are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 11 homes were sold in New Richmond; 27% of homes were sold within 30 days, 27% 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 |
|---|---|---|
| 31 DaysThis YearJan 2025 | ||
| 53 Days1 year agoJan 2024 | -41.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in New Richmond had an average listing age of 31 days in Jan 2025, down by 41.9% compared to the previous year.
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Newest Listings in New Richmond, WI
What homes are available in New Richmond, WI?
New - 7 hours on Rocket
$3,977 Closing Credit¹
#6673533, Listing Office: Coldwell Banker Realty
New - 8 hours on Rocket
$2,078 Closing Credit¹
#6673977, Listing Office: eXp Realty
New - 1 day on Rocket
$3,859 Closing Credit¹
#6673957, Listing Office: Western Wisconsin Property Ser
New - 1 day on Rocket
$3,859 Closing Credit¹
#6673957, Scott Counter, Listing Office: Western Wisconsin Property Ser
New - 1 day on Rocket
$4,571 Closing Credit¹
#6673398, Listing Office: Coldwell Banker Realty
New - 1 day on Rocket
$4,571 Closing Credit¹
#6673398, Melissa Wiegele, Listing Office: Coldwell Banker Realty
Coming soon
$3,561 Closing Credit¹
#6658558, Listing Office: EXP Realty, LLC
New - 4 days on Rocket
$5,819 Closing Credit¹
#6656979, Listing Office: Marathon Realty
New - 7 days on Rocket
#6658016, Listing Office: Redfin Corporation
$4,749 Closing Credit¹
#6670795, Laura Greene, Listing Office: Biltmore Realty, LLC
$4,749 Closing Credit¹
#6670795, Listing Office: Biltmore Realty, LLC
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MLS Disclaimers and Copyright
Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., and Wisconsin Real Estate Exchange for the period 02/01/2023 - 02/01/2025
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.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 4:22:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 WIREX - All Rights Reserved.
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.