House Prices

House Prices & Home Values New Richland, MN 2026


Average Data

average house price$100,115
average size per house1979 ft²
average price per ft²51 $ / ft²

06/27/2026 - The value range (VR) for house prices in New Richland, MN is $73/ sqft to $73/ sqft. An average home with 1979 sqft costs approximately $144,467 to $144,467. New Richland, MN includes 1 ZIP codes and it is located in Waseca county. The lowest prices are found in ZIP 56072, while the highest are in ZIP 56072. The average price per sqare feet is $51. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes New Richland

5607276 $ / ft²




Historical development of home values in New Richland

Year Estimated value (USD) Change vs. 2025
2010 $46,495 -53.6%
2011 $44,697 -55.4%
2012 $44,577 -55.5%
2013 $46,243 -53.8%
2014 $48,542 -51.5%
2015 $51,034 -49.0%
2016 $53,697 -46.4%
2017 $56,595 -43.5%
2018 $59,724 -40.3%
2019 $62,494 -37.6%
2020 $65,724 -34.4%
2021 $74,754 -25.3%
2022 $87,147 -13.0%
2023 $91,900 -8.2%
2024 $97,217 -2.9%
2025 $100,115 0.0%

Graph: estimated home values in New Richland over time (USD)



Example: 100% financing house in New Richland

Loan amount: $100,115

Interest rate: 6.00%

Fixed monthly payment: $600.24

Breakdown in the 1st month:
Interest portion: $500.58  –  Principal portion: $99.67

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $5,973.46 $1,229.42 $98,885.58
2 $5,897.63 $1,305.25 $97,580.32
3 $5,817.12 $1,385.76 $96,194.57
4 $5,731.65 $1,471.23 $94,723.34
5 $5,640.91 $1,561.97 $93,161.37
6 $5,544.57 $1,658.31 $91,503.06
7 $5,442.29 $1,760.59 $89,742.47
8 $5,333.70 $1,869.18 $87,873.29
9 $5,218.41 $1,984.47 $85,888.83
10 $5,096.02 $2,106.86 $83,781.96
11 $4,966.07 $2,236.81 $81,545.15
12 $4,828.11 $2,374.77 $79,170.38
13 $4,681.64 $2,521.24 $76,649.14
14 $4,526.13 $2,676.75 $73,972.39
15 $4,361.04 $2,841.84 $71,130.55
16 $4,185.76 $3,017.12 $68,113.43
17 $3,999.67 $3,203.21 $64,910.22
18 $3,802.10 $3,400.78 $61,509.44
19 $3,592.35 $3,610.53 $57,898.91
20 $3,369.66 $3,833.22 $54,065.69
21 $3,133.24 $4,069.64 $49,996.05
22 $2,882.23 $4,320.65 $45,675.39
23 $2,615.74 $4,587.14 $41,088.25
24 $2,332.82 $4,870.06 $36,218.19
25 $2,032.44 $5,170.44 $31,047.75
26 $1,713.54 $5,489.34 $25,558.41
27 $1,374.97 $5,827.91 $19,730.50
28 $1,015.52 $6,187.36 $13,543.14
29 $633.89 $6,568.99 $6,974.15
30 $228.73 $6,974.15 $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 New Richland, MN


1500 sqft3900 sqft
Ø selling price$92,566$196,912
Ø fast selling$84,150$177,220
Ø high price sale$100,981$216,603

In 2026, houses in New Richland, MN will be offered at an average price of $51 per square foot. A 1,500 sqft home priced at $92,566 is 23.90% more expensive per square foot than a 3,900 sqft home priced at $196,912. Home prices in New Richland, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $136,323. Sellers who can wait longer may achieve a higher price of up to $166,617.

FAQ – Home Values in New Richland

What is the median home value in New Richland in 2026?

In 2026, the typical home value in New Richland is about $100,115 for an average home size of 1979 square feet. This corresponds to an average price of roughly $51 per square foot.

What is the average cost per square foot in New Richland?

In 2026, homes in New Richland sell for an average of around $51 per square foot, with a typical range between $73 and $73 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 New Richland is about 1979 square feet, with an estimated 2026 value around $100,115.



Locations close to New Richland, MN

New Ulm, MN90 $ / ft²
Nicollet, MN213 $ / ft²
Northrop, MN189 $ / ft²
New Prague, MN165 $ / ft²
Montgomery, MN153 $ / ft²
Minnesota Lake, MN81 $ / ft²
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