Richmond, MN Housing Statistics

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A+

9%

Med. Home Val. NAT. AVG.

45%

Rent NAT. AVG.

38%

Owner Occ. NAT. AVG.

Richmond Housing Information

Index	Richmond	Minnesota	National
Median home price	$296,967	$339,061	$326,622
Median rent asked	$798	$1,332	$1,444
Avg. people per household	2.2	2.4	2.6
Owner occupied households	87.8%	71.4%	63.6%
Renter occupied households	12.2%	28.6%	36.4%

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Homes For Sale In Richmond, MN

514 Main St E

Richmond, MN

20554 Elkview Ct

Richmond, MN

237 2nd St SW

Richmond, MN

18096 Browns Lake Rd #59

Richmond, MN

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Housing Quick Facts

The median home price in Richmond is 9% lower than the national average.
The median rent asked in Richmond is 45% lower than the national average.
The average number of people per household in Richmond is 14% lower than the national average.
The number of owner occupied households in Richmond is 38% higher than the national average.
The number of renter occupied households in Richmond is 66% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Roscoe, MN	134	$178,483	45%
Watkins, MN	893	$192,566	41%
Eden Valley, MN	1,039	$210,809	35%
New Munich, MN	319	$218,150	33%
Paynesville, MN	2,578	$228,393	30%
Richmond, MN	1,421	$296,967	9%

Cities with similar population

	Population	Home Price	National Avg.
Milroy, PA	1,421	$158,924	51%
White Sands, NM	1,421	$0	100%
Bel Air CDP, MD	1,421	$284,325	13%
Virginia, IL	1,421	$131,638	60%
Grandview, IL	1,420	$118,749	64%
Richmond, MN	1,421	$296,967	9%

Source: The Richmond, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.