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New Richmond

New Richmond

Located in St Croix County

$368,050 Average Value
$242 Average Price per Sq Ft
29 Homes For Sale

Industry and population are growing in New Richmond, Wisconsin

“This is a progressive area—and I don’t mean that in a political sense—people are interested in growth and development,” says Council Member Mike Montello. The city’s growth is evident in its population, which has increased steadily since 1940, and its industry. Major employers like Federal Foam Technologies, Inc. and Phillips Medisize have facilities in the city, and new businesses arrive in the area regularly. Besides its offerings as a small city, New Richmond sits just 42 miles east of Minneapolis, Minnesota, putting big city amenities within reach.

The downtown drag of New Richmond is the center of the community.
The downtown drag of New Richmond is the center of the community.
Launch the boat or fish from the dock at Hatfield Park in New Richmond.
Launch the boat or fish from the dock at Hatfield Park in New Richmond.
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From old colonial revivals to custom craftsman homes

Home prices start around $170,000 for colonial-style homes needing updates in New Richmond proper and reach nearly $2 million for custom craftsman-style homes on more than an acre of land although many sell in the range of $250,000 to $450,000. The 2024 median home price was $372,000, just under the national median. New Richmond homes spend an average of 57 days on the market.

New Richmond is a growing community with rows of newly built homes.
New Richmond is a growing community with rows of newly built homes.
Manicured yards and well kept homes show how proud New Richmond residents are of their homes..
Manicured yards and well kept homes show how proud New Richmond residents are of their homes..
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The New Richmond School District

The New Richmond School District has three elementary schools, one middle school and one high school, and is ranked the second-best school district in the county. It earns a B-plus on Niche. The district has roughly 3,500 students with a 16:1 student-teacher ratio and maintains an 89% graduation rate. Northwood Technical College has a campus in New Richmond and offers more than 100 educational programs focused mainly on STEM fields.

New Richmond High School is ranked #4 in Best Public High Schools in St. Croix County
New Richmond High School is ranked #4 in Best Public High Schools in St. Croix County
Northwood Technical College is a 2-year college in New Richmond.
Northwood Technical College is a 2-year college in New Richmond.
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Mexican-American soul food and other unique options downtown

“One great thing about New Richmond is that you can stay in town for most of whatever you’re looking for,” Montello says. Downtown New Richmond hosts local dining options ranging from Mexican-American soul food fusion to boutique bakeries and neighborhood pubs. Shops in the area sell boutique clothing, home goods, picture frames and more. Dick’s Fresh Market is a Wisconsin grocery chain serving the area, and Walmart and ALDI add options for national grocery chains. Local theater thrives in New Richmond, with community shows happening year-round at Old Gem Theater.

Azul Tequila in New Richmond is a local favorite for Mexican food.
Azul Tequila in New Richmond is a local favorite for Mexican food.
Get a taste of Thai with the Volcano Chicken at New Richmond's Table 65 Bistro & Gelato Café.
Get a taste of Thai with the Volcano Chicken at New Richmond's Table 65 Bistro & Gelato Café.
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Camping, fishing and cross-country skiing at New Richmond parks

New Richmond parks cover 270 acres and offer more than 19 miles of trails to explore. Park amenities include campgrounds, cross-country ski trails, athletic fields and more. “At Mary Park, we’re building an adaptive playground with padded elements so that kids with special abilities can play safely,” Montello says. The park sits along the shores of Mary Park Lake, a popular fishing spot among residents.

Enjoy the calming views of Mary Park Lake in New Richmond.
Enjoy the calming views of Mary Park Lake in New Richmond.
Swing for the fences at Hatfield Park.
Swing for the fences at Hatfield Park.
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Cabin Fever Classic and other annual events

February brings costumed putters out for a mini-golf-themed pub crawl known as the Cabin Fever Classic. In spring, the Chamber Golf Outing brings local community and business leaders to the New Richmond Golf Club for one of the city’s first golf outings of the year. Other popular events in New Richmond include the Park Art Fair, the longest-running art fair in Western Wisconsin, and Hometown Holiday, a celebration featuring fireworks and a nighttime parade.

Interstate 94 and the city’s infrastructure

Westfields Hospital is the area’s certified Level IV Trauma Center on the city's west side, providing scheduled and emergency health care. Residents living near the hospital can walk to their appointments as sidewalks line most of the city’s streets. The nearest interstate is Interstate 94, 12 miles south. There are no options for public transportation within the city, but Running, Inc., offers curbside, ride-sharing service in the area. The New Richmond Regional Airport is the closest airport but serves only business and private flights. Residents must head 45 miles west to the Minneapolis-Saint Paul International Airport for commercial flights.

Cold winters, warm summers

Property and violent crime rates in New Richmond tend to be lower than state and national averages, according to data from the FBI. Environmental data shows a moderate risk of flood impact on roads, likely due to the area’s network of lakes and waterways. While average low temperatures drop to single digits in January, the city’s distance from the Great Lakes reduces the impact of the Lake Effect. Annual snowfall averages roughly 25”, but the city is well-equipped, and snow rarely disrupts day-to-day activity beyond residents wearing warmer clothing. Summers are pleasantly warm, with average high temperatures slightly over 80 degrees.

Konrad Solberg
Written By
Konrad Solberg
Photography Contributed By
Tyler McNair
Andrew Perrius
Video By
Andrew Perrius

Interested in learning more about homes in this area? Reach out to Robert Speer, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

New Richmond Housing Trends

Housing Trends

Median List Price
$399,900
Median Sale Price
$382,000
Median Single Family Sale Price
$400,000
Median Townhouse Sale Price
$265,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
272
Median Home Sale Price YoY Change
4%
Average Price Per Sq Ft
$242

Neighborhood Facts

Number of Homes in Neighborhood
3,783
Number of Homes for Sale
29
Median Year Built
2018
Months of Supply
1.30
Average Single Family Home Size Sq Ft
1,853
On par with the national average
1,924
Average Townhouse Size Sq Ft
1,520
Average 2 Bedroom Size Sq Ft
1,285
Median Lot Size Sq Ft
10,890

Open Houses

  • 1735 U S 63, New Richmond, WI 54017

    $825,000

    • 5 Beds
    • 1.5 Baths
    • 2,658 Sq Ft
    • 1735 U S 63
    • New 12 days ago

    This beautifully remodeled home is nestled on over 31 acres of rolling countryside, offering privacy, room to roam, and all the comforts of contemporary living. Step inside to a bright, open main level featuring a spacious kitchen with large center island and a picture window showcasing scenic views. The generous family room and adjacent dining area are perfect for everyday living and

    Agent Photo
    Katie House
    eXp Realty LLC
    (715) 286-8435
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  • 1605 Possum Way, New Richmond, WI 54017

    $419,900

    • 4 Beds
    • 2.5 Baths
    • 2,305 Sq Ft
    • 1605 Possum Way

    Welcome to this spacious and versatile 4-bedroom, 3-bath home in the highly sought-after Fox Run neighborhood of New Richmond! Thoughtfully built by Orin Thompson of Lennar and situated on a generous .487-acre corner lot, this two-story beauty offers the perfect balance of function, comfort, and future potential. The main level is designed for everyday living and easy entertaining, featuring an

    Agent Photo
    Katie House
    EXP Realty, LLC
    (715) 557-4022
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  • 434 E 11th St Unit D, New Richmond, WI 54017

    $250,000

    • 2 Beds
    • 1.5 Baths
    • 1,400 Sq Ft
    • 434 E 11th St
    • Unit D
    • New 9 days ago

    Completely remodeled 2BD 2BA townhome in The Meadows of New Richmond. Nearly every surface and room in this unit was meticulously remodeled for the owner's family, and only available due to a relocation. New kitchen, bathrooms, lighting, hardware, paint, flooring and more create the perfect atmosphere. Surrounded by Paperjack Park, enjoy easy access to Paperjack Creek Trail right outside your

    Agent Photo
    Benjamin Mattson
    Keller Williams Realty Integrity Lakes
    (715) 814-9240
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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in New Richmond

Property Mix - Square Feet

New Richmond Has More Owners

Demographics

Total Population
11,801
Median Age
39
Population under 18
24.7%
On par with the national average
23.8%
Population over 65
18.2%
On par with the national average
19.1%

Finances

Median Household Income
$72,592
On par with the national average
$71,702
Average Household Income
$91,907

Education and Workforce

High School Graduates
95.4%
College Graduates
27.3%
Below the national average
34.1%
Advanced Degrees
7.5%
% Population in Labor Force
76%
Above the national average
65.1%

Weather

Annual Precipitation
33''
Average Winter Low Temperature
5°F
Average Summer High Temperature
83°F
Annual Snowfall
50''

Area Factors

Somewhat Bikeable

Bike Score®®

33 / 100

Car-Dependent

Walk Score®®

6 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
New Richmond