New Richland township, MN Housing


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United States / Minnesota / No Metro Area / Waseca County / New Richland township / Zip Codes
New Richland township, MN has a housing median value of $309,000, which is lower than the US housing median value of $338,100. However, what it lacks in house price is made up for in appreciation rate; New Richland township's house prices have experienced an impressive 11.33% increase over the past year compared to the US average of 8.27%. Therefore, New Richland township remains an attractive investment option for potential homeowners looking to purchase property at a relatively low price point and experience growth in their equity.

The median home cost in New Richland township is $309,000. Home appreciation the last 10 years has been 70.2%. Home Appreciation in New Richland township is up 11.6%.

Average Age of Homes
- The median age of New Richland township real estate is 50 years old
The Rental Market in New Richland township
- Renters make up 4.4% of the New Richland township population
- 0.5% of houses and apartments in New Richland township, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingNew Richland township, MinnesotaUnited States
  197.0139,647,020.0
  6342
  $309,000$338,100
  11.6%16.6%
  43.0%57.0%
  70.2%101.1%
  $12.15$10.98
  $1,902$2,690
  82.7%57.4%
  13.7%11.2%
  3.6%31.4%
  Vacant Housing
  0.5%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  9.6%3.6%
  3.6%4.1%
  Value of Owner-Occupied Housing
  1.2%2.6%
  0.0%2.4%
  1.8%2.8%
  0.6%3.9%
  3.1%4.5%
  13.5%11.3%
  17.2%13.0%
  44.2%20.1%
  12.9%13.6%
  3.7%8.3%
  0.0%9.7%
  1.8%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  12.7%13.6%
  12.7%13.6%
  8.1%13.6%
  8.6%13.2%
  9.6%14.8%
  8.1%13.6%
  11.7%10.0%
  2.0%4.7%
  38.1%12.2%
Commute
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