Housing Prices in Richville, MN

How much do homes in Richville, MN cost?

Median List Price

$719,900

$359/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$140,900(+24.3%)

Key Takeaway

The list price of homes in Richville has increased by 24.3% since last year.

Summary: The median home list price in Richville was $719,900 in May 2024, up 24.3% from the previous year, and the median price per square foot was $359.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 -$230K
N/A
3 $568K$637.4K
+12.2%
4 $1.0M$1.3M
+22.4%
5+ $2.3M$950K
-60.3%

Summary: Richville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes decreased by 60.3%.

Median List Price Compared To Nearby Cities

Richville
+24.3%
Rush Lake Township
+16.2%

Housing Supply in Richville, MN

How many homes are available in Richville, MN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
59+80.0%

Summary: The Richville real estate market had 9 homes for sale in May 2024, a 80.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 34
+33.3%
4 12
+100.0%
5+ 12
+100.0%

Summary: The Richville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Days on Market for Richville, MN

How long does it take to sell a home in Richville, MN?

Average Listing Age

May 2023May 2024CHANGE
136 Days117 Days-14.0%

Summary: Homes in Richville had an average listing age of 117 days in May 2024, down by 14% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

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Newest Listings in Richville, MN

Nearby Markets to Richville, MN

MLS Disclaimers and Copyright

Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 06/01/2022 - 06/01/2024

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2024, 11:22:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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