Richmond MN Multi Family for Sale

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Richmond Real Estate

The median home value in Richmond, MN is $462,000. This is higher than the county median home value of $259,300. The national median home value is $338,100. The average price of homes sold in Richmond, MN is $462,000. Approximately 83.39% of Richmond homes are owned, compared to 13.96% rented, while 2.65% are vacant. Richmond 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 Richmond real estate agent to arrange a tour today!

Richmond, Minnesota has a population of 1,306. Richmond is less family-centric than the surrounding county with 28.15% of the households containing married families with children. The county average for households married with children is 33.31%.

The median household income in Richmond, Minnesota is $59,438. The median household income for the surrounding county is $68,212 compared to the national median of $69,021. The median age of people living in Richmond is 36.8 years.

Richmond Weather

The average high temperature in July is 82.1 degrees, with an average low temperature in January of 2.4 degrees. The average rainfall is approximately 29.5 inches per year, with 45.6 inches of snow per year.

Richmond Real Estate Market Conditions

  • Median sales price

    $462,000
    13.6% change since last quarter
  • # Active listings

    21
    30-day change

Richmond Schools and Demographics

Education near Richmond, MN

Metric City County
High School Graduates 91.61 92.25
College Degree - 2 year 15.06 14.22
College Degree - 4 year 14.02 28.69
Graduate Degree 2.64 6.72
Expenditures per Student 15,893 15,893
Students per Teacher 15.3 15.3

Elementary Schools near Richmond, MN

School Grades Students P/T Ratio ZIP
Cold Spring Elementary School PK - 05 480 14.5 56320
Eden Valley Elementary School KG - 06 501 16.1 55329
Paynesville Elementary School PK - 05 456 14.8 56362
Richmond Elementary School KG - 05 146 18.6 56368
Rockville Elementary School KG - 05 142 17.9 56369

Middle Schools near Richmond, MN

School Grades Students P/T Ratio ZIP
Paynesville Middle School 06 - 08 225 16.4 56362
Rocori Middle School 06 - 08 512 20.1 56320

High Schools near Richmond, MN

School Grades Students P/T Ratio ZIP
Eden Valley Secondary School 07 - 12 415 14.9 55329
Paynesville Area High School 09 - 12 283 15.3 56362
Rocori Senior High School 09 - 12 750 19.6 56320

Ungraded Schools near Richmond, MN

School Grades Students P/T Ratio ZIP
* Rocori ALC 07 - 12 16 12.9 56320
Eden Valley-Watkins ALP KG - 12 2 55329

Demographics near Richmond, MN

Metric City County
Neighborhood Type Small town
Population 1,306 157,638
Population Density 1,245 117
Median Age 36.8 34.9
People per Household 2.4 2.5
Median Household Income 59,438 68,212
Average Income per Capita 31,159 33,585