House Prices

House Prices & Home Values Richville, MN 2026


Average Data

average house price$223,250
average size per house1432 ft²
average price per ft²156 $ / ft²

05/21/2026 - The value range (VR) for house prices in Richville, MN is $157/ sqft to $157/ sqft. An average home with 1432 sqft costs approximately $224,824 to $224,824. Richville, MN includes 1 ZIP codes and it is located in Otter Tail county. The lowest prices are found in ZIP 56576, while the highest are in ZIP 56576. The average price per sqare feet is $156. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Richville

56576148 $ / ft²




Historical development of home values in Richville

Year Estimated value (USD) Change vs. 2025
2010 $103,681 -53.6%
2011 $99,672 -55.4%
2012 $99,404 -55.5%
2013 $103,119 -53.8%
2014 $108,247 -51.5%
2015 $113,802 -49.0%
2016 $119,741 -46.4%
2017 $126,204 -43.5%
2018 $133,181 -40.3%
2019 $139,357 -37.6%
2020 $146,561 -34.4%
2021 $166,697 -25.3%
2022 $194,331 -13.0%
2023 $204,931 -8.2%
2024 $216,787 -2.9%
2025 $223,250 0.0%

Graph: estimated home values in Richville over time (USD)



Example: 100% financing house in Richville

Loan amount: $223,250

Interest rate: 6.00%

Fixed monthly payment: $1,338.50

Breakdown in the 1st month:
Interest portion: $1,116.25  –  Principal portion: $222.25

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,320.42 $2,741.54 $220,508.46
2 $13,151.33 $2,910.63 $217,597.84
3 $12,971.81 $3,090.15 $214,507.69
4 $12,781.22 $3,280.74 $211,226.94
5 $12,578.87 $3,483.09 $207,743.85
6 $12,364.04 $3,697.92 $204,045.93
7 $12,135.96 $3,926.00 $200,119.93
8 $11,893.81 $4,168.15 $195,951.78
9 $11,636.73 $4,425.23 $191,526.55
10 $11,363.79 $4,698.17 $186,828.38
11 $11,074.02 $4,987.94 $181,840.44
12 $10,766.37 $5,295.59 $176,544.85
13 $10,439.75 $5,622.21 $170,922.64
14 $10,092.99 $5,968.97 $164,953.67
15 $9,724.83 $6,337.13 $158,616.55
16 $9,333.97 $6,727.99 $151,888.56
17 $8,919.00 $7,142.95 $144,745.61
18 $8,478.44 $7,583.52 $137,162.09
19 $8,010.71 $8,051.25 $129,110.84
20 $7,514.13 $8,547.83 $120,563.01
21 $6,986.91 $9,075.05 $111,487.96
22 $6,427.18 $9,634.77 $101,853.19
23 $5,832.93 $10,229.03 $91,624.16
24 $5,202.03 $10,859.93 $80,764.23
25 $4,532.21 $11,529.75 $69,234.48
26 $3,821.08 $12,240.88 $56,993.61
27 $3,066.09 $12,995.87 $43,997.74
28 $2,264.54 $13,797.42 $30,200.32
29 $1,413.54 $14,648.42 $15,551.90
30 $510.06 $15,551.90 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Richville, MN


1500 sqft3900 sqft
Ø selling price$283,141$602,316
Ø fast selling$257,401$542,085
Ø high price sale$308,880$662,548

In 2026, houses in Richville, MN will be offered at an average price of $156 per square foot. A 1,500 sqft home priced at $283,141 is 21.67% more expensive per square foot than a 3,900 sqft home priced at $602,316. Home prices in Richville, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $416,989. Sellers who can wait longer may achieve a higher price of up to $509,653.

FAQ – Home Values in Richville

What is the median home value in Richville in 2026?

In 2026, the typical home value in Richville is about $223,250 for an average home size of 1432 square feet. This corresponds to an average price of roughly $156 per square foot.

What is the average cost per square foot in Richville?

In 2026, homes in Richville sell for an average of around $156 per square foot, with a typical range between $157 and $157 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Richville is about 1432 square feet, with an estimated 2026 value around $223,250.



Locations close to Richville, MN

Richwood, MN123 $ / ft²
Rochert, MN109 $ / ft²
Rothsay, MN75 $ / ft²
Ponsford, MN133 $ / ft²
Perley, MN79 $ / ft²
Perham, MN101 $ / ft²
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