New Richmond, WI is a great place to invest in housing. The median value for housing in the area is $317,000, which is lower than the US House Median Value of $338,100. This makes New Richmond an attractive option for potential buyers looking for a good deal on their next home. Furthermore, house appreciation over the past year in the area has been 9.73%, higher than the US 1-year House Appreciation of 8.27%. This indicates that housing prices are increasing steadily in New Richmond, making it a great place to buy property and enjoy potential growth in its value over time.
The median home cost in New Richmond (zip 54017) is $317,000. Home appreciation the last 10 years has been 103.7%. Home Appreciation in New Richmond (zip 54017) is up 15.9%.
Average Age of Homes
- The median age of New Richmond (zip 54017) real estate is 25 years old
The Rental Market in New Richmond (zip 54017)
- Renters make up 22.7% of the New Richmond (zip 54017) population
- 0.5% of houses and apartments in New Richmond (zip 54017), 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.