Richmond, MN
City market trends and history
Public Record
Median Sale Price
$357.9K
12-Month Sales
50
+53.2%
1-Year Appreciation
+53.2%
Properties Tracked
932
Median Sale Price History
Top Neighborhoods
| Name | Median |
|---|
Top Neighborhoods by Activity
| Neighborhood | Sales 12mo | Median |
|---|
Top ZIP Codes
| ZIP | Sales 12mo | Median |
|---|
Recent Sales
| Date | Address | Price |
|---|---|---|
| May 15, 2026 | Elmway Rd | $458K |
| Mar 21, 2025 | 21870 PHEASANT RIDGE RD | $59K |
| Mar 11, 2025 | 1st St NW | $475K |
| Feb 3, 2025 | 243rd St | $525K |
| Jan 6, 2025 | Fruitwood Rd | $105K |
| Nov 5, 2024 | Crabapple Ct | $510K |
| Oct 18, 2024 | Fish Pond Ln | $200K |
| Aug 26, 2024 | State Highway 22 | $550K |
| Jun 18, 2024 | 20462 FRUITWOOD RD | $165K |
| Apr 25, 2024 | 21135 ELKVIEW CIR | $255K |
| Apr 12, 2024 | Big Lake Rd | $185K |
| Dec 5, 2023 | Browns Lake Rd # 7 | $170K |
| Aug 21, 2023 | Elmway Rd | $471.2K |
| Jul 7, 2023 | Browns Lake Rd Unit 1 | $159.9K |
| Jun 30, 2023 | Elmway Rd | $471.2K |
| Jun 7, 2023 | 20368 EDGEHILL CIR | $751K |
| Jun 6, 2023 | Koetter Lake Rd | $230K |
| May 26, 2023 | State Highway 22 | $335K |
| May 23, 2023 | Big Lake Rd | $440K |
| Feb 28, 2023 | 185TH ST | $954.7K |
4-Quarter Forecast
Linear projection from past trendQuarterly trend
+5.9%
Implied 1-yr
+23.8%
2026 Q3
$447.5K
2026 Q4
$466.7K
Median Price — History + Forecast
Property type mix
Share by property type
Year-built distribution
Properties by build era
Map
Recent top sales — most expensive
| Address | Sale date | Sale price |
|---|---|---|
| 185TH ST | Feb 28, 2023 | $954,738 |
| Cedar Island Lake Rd | Aug 11, 2022 | $855,000 |
| 20368 EDGEHILL CIR | Apr 28, 2022 | $786,000 |
| Florence Cir | Apr 15, 2022 | $763,500 |
| 20368 EDGEHILL CIR | Jun 7, 2023 | $751,000 |
| Florence Cir | Apr 18, 2022 | $667,700 |
| Florence Cir | Feb 25, 2022 | $667,700 |
| 188TH AVE | Sep 1, 2022 | $664,000 |
| Koetter Lake Rd | Mar 25, 2022 | $653,500 |
| County Road 161 | Jun 7, 2022 | $650,000 |
How Richmond compares
| Metric | Richmond | Minnesota avg | US avg |
|---|---|---|---|
| Median price | $357.9K | $404.7K | $535.4K |
| 1-year change | +53.2% | -0.7% | -5.4% |
| Sales (12mo) | 50 | 7,149 | — |
| Median sqft | 787 | — | — |
Other cities in Minnesota
How Richmond ranks in Minnesota
1-year appreciation
#55 of 943
Median price
#90 of 943
Frequently asked about Richmond
What is the median sale price in Richmond, MN?
The median sale price in Richmond over the last 12 months is $357.9K, based on 50 transactions.
How fast are home prices appreciating in Richmond?
Richmond home prices have changed +53.2% year-over-year on a median basis.
How many sales happen each year in Richmond?
Roughly 50 home sales were recorded in Richmond over the trailing 12 months.
What types of properties are most common in Richmond?
single_family is the most common property type tracked in Richmond.
When were most homes in Richmond built?
Most homes in Richmond were built in the 1950-1969 era.