New Richmond, WI Housing Market 2026: What Homes Actually Sell For

If you invest in or around New Richmond, the number that matters is what homes actually close for, not what sellers are asking. Here is what New Richmond sale prices look like right now, built from the closings Resideline tracked over the last six months, as of October 2026.

The snapshot

• •Closings tracked, last 6 months: 143
• •Median sold price, last 6 months: $350,000
• •Median sold $/sqft, last 6 months: $195
• •Middle half of sales closed between: $310,000 and $426,000

What the numbers say

Resideline tracked 143 closed sales in New Richmond over the last six months, with a median closing price of $350,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $310,000 and $426,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 87% of the New Richmond closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 133 closings with usable living area, the middle half sold between $168 and $235 per square foot.

Figures last updated November 4, 2026 from closings Resideline tracked.

Median home price in New Richmond, WI (October 2026)

The median home price in New Richmond is $350,000, measured across the 143 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $310,000 and $426,000.

Where New Richmond sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in New Richmond over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $310,000 and $426,000. Among the 39 Wisconsin markets with a published band, New Richmond's middle-half spread ($310,000 to $426,000) ranks 1st from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 8th percentile of the 2,291 US markets in Resideline's national Market Watch set, on data as of November 3, 2026.

How long a sale takes here

• •Listed to under contract: a median of 48 days, across 85 New Richmond closings Resideline tracked in the last six months
• •Contract to closing: a median of 28 days, across 83 New Richmond closings Resideline tracked in the last six months

Both are measured from the closings themselves, not from listing inventory. Each sale is timed using its own listing and contract dates. That is why these counts are smaller than the 143 closings above: a sale is counted here only when we hold both of its dates.

The New Richmond angle

New Richmond combines a compact spread with a clear tilt. The last six months gave us 143 tracked closings, a median closed sale price of $350,000, and a middle half from $310,000 to $426,000, among the tightest spreads we track. For pricing, that cuts two ways: a typical or strong New Richmond subject anchors near $350,000 with confidence, while a below-average subject can land a long way beneath it, and only matched closed sales will tell you how far.

From market read to offer price

A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator, rehab cost estimator, BRRRR calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any New Richmond address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: New Richmond, WI
Geography: incorporated municipality, Census place 5557100
Data updated: October 2026
Analysis period: last six months
Tracked closings: 143
Median sold price: $350,000
Median sold $/sqft: $195 (133 qualifying)
Property mix: 87% houses
https://resideline.com/blog/new-richmond-wi-housing-market

Writing about this market? Paste this into your post:

<a href="https://resideline.com/blog/new-richmond-wi-housing-market">
  <img src="https://resideline.com/images/embed/new-richmond-wi.png" alt="New Richmond, WI home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
</a>
<p>Source: <a href="https://resideline.com/blog/new-richmond-wi-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in New Richmond over the last six months, and is refreshed when the data is. The closings we track within the New Richmond city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 15% of the 143 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $356,400.