Housing in New Richland, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$247,307
New Richland vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. New Richland is highlighted.
Median Home Value
35th%ilemost expensive$133,000show rank
Median Rent
5th%ilemost expensive rent$544show rank
Rent Burden
4th%ilehighest rent burden10.4%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$133,000
Median Rent
$544
Total Housing Units
453
Vacancy Rate
7.7%
Owner Occupied
86.4%
Renter Occupied
13.6%
Median Property Tax
$1,641
per year
Monthly Cost (w/ Mortgage)
$861
Housing Types
Single Family86.5%
Multi-Family13.5%
Mobile Home0.0%
The median home value in New Richland, MN is $133,000. According to Zillow, the home value index for New Richland is $247,307. The median rent is $544 per month (Census ACS). About 86.4% of housing units are owner-occupied. The median year homes were built is 1955. There are 453 total housing units.