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Foreclosure Homes in New Richland, MN

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New Richland, MN Foreclosures

Current Market Conditions in New Richland, MN as of July 2026?
Home values: +2.00% MoM; rent: +0.00% MoM.
How much do homes sell for in New Richland, MN?
The average home price is currently $407,844.
In New Richland, MN, how many homes are available?
There are currently 4 active home listings available in New Richland.
What’s the average rental cost in New Richland, MN?
The average rental price in New Richland is $1,264.
What is the most expensive home in New Richland?
The most expensive home sold in New Richland had a price of $4,889,459.
What is currently the cheapest priced home in New Richland, MN?
The cheapest home for sale in New Richland is priced at $20,984.

Living in New Richland, MN

New Richland is a quiet small town in southern Minnesota offering affordable housing, a rural setting, local schools, and convenient drives to Waseca, Owatonna, Mankato, and Albert Lea.

Buyer vs Seller Market in New Richland, MN

Median home value: $272,650 as of 2026-07-14.

Median rent: $1,180 as of 2026-07-14.

Home values: +2.00% MoM, +31.07% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For New Richland, MN

There are currently 1,039 real estate properties in New Richland, MN, with a median automated valuation model (AVM) price of $272,650.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Richland, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in New Richland, MN, is $407,844.00, with the most expensive house in New Richland, MN, topping out at $4,889,459.00 and the cheapest home in New Richland, MN, clocking in at $20,984.00. In other words, there’s something for every potential homebuyer or savvy investor in New Richland, MN!

Rent Prices In New Richland, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Richland, MN, is on a rollercoaster ride. The average rent price in New Richland, MN, is $1,264.00. Indeed, when looking to rent in New Richland, MN, you can expect to pay as little as $590.00 or as much as $2,790.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in New Richland, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

New Richland, MN Foreclosures

Market Trend for New Richland, MN

Total Listings Available: 4

Market Values:

Home Prices from $20,984 to $4,889,459

Average Sales Price: $407,844

Rental Values:

Rental from $590 to $2,790

Average Rent Value: $1,264 / month

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