Why Live in New Richmond
New Richmond in northwestern Wisconsin offers a quiet, sparse suburban atmosphere just 30 miles from the Twin Cities. The area is experiencing significant growth, particularly in clean, technology-driven industries, contributing to its status as the fastest-growing county in the state. The real estate market is somewhat competitive, with a variety of home styles including Cape Cods, ranch-style homes from the mid-20th century, stately Victorians, colorful Craftsman, tidy Tudors, and two-story Colonials. New construction is common, with homes on generous lots. The School District of New Richmond features highly rated schools such as Hillside Elementary, Starr Elementary, New Richmond Middle School, and New Richmond High School, which is known for its supportive community and diverse course offerings.
Residents have plenty of things to do, from shopping at big-box stores like Walmart and ALDI to dining at local favorites such as Table 65 Bistro and Gelato Cafe and Azul Tequila Grill and Bar. For coffee lovers, the Bizzy Bean is a popular drive-through spot. Lift Bridge Brewing offers a variety of beers and nonalcoholic options. Outdoor enthusiasts can enjoy Mary Park with its adaptive playground and scenic walking trails, the New Richmond Skatepark at Hatfield Park, and the New Richmond Golf Club with its challenging tree-lined fairways. The crime rate in New Richmond is around the national average, and residents have access to 24-hour care at Westfields Hospital. While there is no direct public transportation, Running Inc. provides a shared-ride taxi service.
Home Trends in New Richmond, WI
On average, homes in New Richmond, WI sell after 79 days on the market compared to the national average of 70 days. The median sale price for homes in New Richmond, WI over the last 12 months is $319,900, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$319,900
Median Single Family Sale Price
$324,900
Median Townhouse Sale Price
$360,000
Median 2 Bedroom Sale Price
$360,000
Median 1 Bedroom Sale Price
$549,000
Average Price Per Sq Ft
$334
Number of Homes for Sale
18
Last 12 months Home Sales
87
Median List Price
$356,400
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%