The median home value in Richwood, MN is $288,550. This is lower than the county median home value of $325,100. The national median home value is $338,100. The average price of homes sold in Richwood, MN is $288,550. Approximately 80.87% of Richwood homes are owned, compared to 14.19% rented, while 4.94% are vacant. Richwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richwood real estate agent to arrange a tour today!
Richwood, Minnesota has a population of 847. Richwood is more family-centric than the surrounding county with 29.76% of the households containing married families with children. The county average for households married with children is 29.17%.
The median household income in Richwood, Minnesota is $58,393. The median household income for the surrounding county is $64,296 compared to the national median of $69,021. The median age of people living in Richwood is 41.9 years.
The average high temperature in July is 80.6 degrees, with an average low temperature in January of -3.3 degrees. The average rainfall is approximately 26.7 inches per year, with 46.9 inches of snow per year.