New Richland MN Multi Family for Sale

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New Richland Real Estate

The median home value in New Richland, MN is $202,500. This is lower than the county median home value of $229,100. The national median home value is $338,100. The average price of homes sold in New Richland, MN is $202,500. Approximately 64.96% of New Richland homes are owned, compared to 26.34% rented, while 8.71% are vacant. New Richland 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 New Richland real estate agent to arrange a tour today!

New Richland, Minnesota has a population of 994. New Richland is less family-centric than the surrounding county with 25.87% of the households containing married families with children. The county average for households married with children is 35.2%.

The median household income in New Richland, Minnesota is $44,861. The median household income for the surrounding county is $66,502 compared to the national median of $69,021. The median age of people living in New Richland is 42.2 years.

New Richland Weather

The average high temperature in July is 82.4 degrees, with an average low temperature in January of 4.5 degrees. The average rainfall is approximately 33.8 inches per year, with 45.2 inches of snow per year.

New Richland Real Estate Market Conditions

  • Median sales price

    $202,500
    11.6% change since last quarter
  • # Active listings

    8
    30-day change

New Richland Schools and Demographics

Education near New Richland, MN

Metric City County
High School Graduates 95.84 92.82
College Degree - 2 year 17.24 14.94
College Degree - 4 year 12.63 22.47
Graduate Degree 2.68 4.41
Expenditures per Student 15,510 15,510
Students per Teacher 13.9 13.9

Elementary Schools near New Richland, MN

School Grades Students P/T Ratio ZIP
Hartley Elementary School KG - 03 470 15.2 56093
Maple River East Elementary School PK - 05 181 13.3 56068
Nrheg Elementary School PK - 05 438 13.1 56026
Team Academy KG - 06 138 10.6 56093
United South Central Elementary School PK - 06 365 12.6 56097

Middle Schools near New Richland, MN

School Grades Students P/T Ratio ZIP
Waseca Intermediate School 04 - 06 465 13.3 56093
Waseca Junior High School 07 - 08 329 18.8 56093

High Schools near New Richland, MN

School Grades Students P/T Ratio ZIP
United South Central High School 07 - 12 314 14.9 56097
Waseca Senior High School 09 - 12 614 18.1 56093

Ungraded Schools near New Richland, MN

School Grades Students P/T Ratio ZIP
* Waseca Alternative High School 07 - 12 47 12.9 56093
Nrheg Secondary School 06 - 12 496 15.1 56072
Southern Minnesota Special Service Coop 01 - 07 0 56097
WCOC - Day Treatment 06 - 12 5 5 56093

Demographics near New Richland, MN

Metric City County
Neighborhood Type Small Town
Population 994 18,972
Population Density 1,671 45
Median Age 42.2 40
People per Household 2.3 2.4
Median Household Income 44,861 66,502
Average Income per Capita 23,432 32,559