New Richmond, WI

Buyer's market+14.5% YoY

Housing market overview · Updated weekly

$355,000median sale price

Homes sold

11

Last 12 weeks

Days on market

102

Average pace

Active listings

65

5.9 months supply

Sale-to-list

99.6%

Below asking

The New Richmond housing market is currently classified as a buyer's market with a median sale price of $355,000. Prices have risen 14.5% compared to last year, with homes spending an average of 102 days on market, indicating 5.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in New Richmond

There are currently 65 homes listed for sale in New Richmond, Wisconsin. The median listing price is $417K.

Active listings

65

Homes on market

Median list price

$417K

Avg. days on market

102

Days until sale

New this week

18

Newly listed

Price drops:15.4%of listings
Sale-to-list:99.6%

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Frequently asked questions

What is the average home price in New Richmond?

The median home sale price in New Richmond is $355,000, up 14.5% from last year.

How long do homes stay on market in New Richmond?

Homes typically spend 102 days on market before going under contract.

Is New Richmond a buyer's or seller's market?

With 5.9 months of supply, New Richmond is currently a buyer's market.

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