$129,900
- 3 Beds
- 2 Baths
- 1,216 Sq Ft
121 Cimarron Unit 121, Lake Elmo, MN 55042
Jessica Jessen Cimarron Park and Golf
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Why Live in New Richmond
New Richmond, Wisconsin, is a small city experiencing steady growth in both population and industry. Located 42 miles east of Minneapolis, it offers proximity to big city amenities while maintaining its own unique features. The city is home to major employers like Federal Foam Technologies, Inc. and Phillips Medisize, and continues to attract new businesses. Housing options range from colonial-style homes needing updates to custom craftsman homes on large lots, with a median home price of $372,000. The New Richmond School District is highly rated, serving approximately 3,500 students with a strong graduation rate. Northwood Technical College provides higher education opportunities, particularly in STEM fields. Downtown New Richmond offers diverse dining options, boutique shopping, and local theater at the Old Gem Theater. The city boasts 270 acres of parks with amenities such as campgrounds, cross-country ski trails, and athletic fields, along with adaptive playgrounds at Mary Park. Annual events like the Cabin Fever Classic and Park Art Fair foster community engagement. While there is no public transportation, curbside ride-sharing is available, and the nearest commercial airport is 45 miles away in Minneapolis. Crime rates are lower than state and national averages, contributing to a sense of safety. Winters are cold with moderate snowfall, but summers are warm and pleasant.
Home Trends in New Richmond, WI
On average, homes in New Richmond, WI sell after 72 days on the market compared to the national average of 57 days. The median sale price for homes in New Richmond, WI over the last 12 months is $384,900, up 3% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$384,900
Median Single Family Sale Price
$399,900
Median Townhouse Sale Price
$289,000
Average Price Per Sq Ft
$215
Number of Homes for Sale
103
Last 12 months Home Sales
341
Months of Supply
3.60
Median List Price
$397,625
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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