Richmond Real Estate Market Conditions

  • Median sales price

    $390,000
    14.04% change since last quarter
  • # Active listings

    29
    30-day change

Richmond Schools and Demographics

Education near Richmond, MN

City County
High School Graduates 89.15 92.01
College Degree - 2 year 14.31 13.42
College Degree - 4 year 6.27 27.17
Graduate Degree 1.12 5.61
Expenditures per Student 11,148 11,919
Students per Teacher 18 14.6

Elementary Schools near Richmond, MN

Grades Students P/T Ratio ZIP
Cold Spring Elementary School PK - 05 480 14.5 56320
Eden Valley Elementary School KG - 06 501 16.1 55329
Paynesville Elementary School PK - 05 456 14.8 56362
Richmond Elementary School KG - 05 146 18.6 56368
Rockville Elementary School KG - 05 142 17.9 56369

Middle Schools near Richmond, MN

Grades Students P/T Ratio ZIP
Paynesville Middle School 06 - 08 225 16.4 56362
Rocori Middle School 06 - 08 512 20.1 56320

High Schools near Richmond, MN

Grades Students P/T Ratio ZIP
Eden Valley Secondary School 07 - 12 415 14.9 55329
Paynesville Area High School 09 - 12 283 15.3 56362
Rocori Senior High School 09 - 12 750 19.6 56320

Ungraded Schools near Richmond, MN

Grades Students P/T Ratio ZIP
* Rocori ALC 07 - 12 16 12.9 56320
Eden Valley-Watkins ALP KG - 12 2 55329

Demographics near Richmond, MN

City County
Neighborhood Type Suburban
Population 1,585 155,300
Population Density 1,511 116
Median Age 43.8 34.1
People per Household 2.4 2.5
Median Household Income 54,526 59,564
Average Income per Capita 25,612 29,148

Richmond Real Estate

The median home value in Richmond, MN is $390,000. This is higher than the county median home value of $192,400. The national median home value is $219,700. The average price of homes sold in Richmond, MN is $390,000. Approximately 85.18% of Richmond homes are owned, compared to 14.37% rented, while 0.45% are vacant. Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richmond real estate agent to arrange a tour today!

Richmond, Minnesota has a population of 1,585. Richmond is less family-centric than the surrounding county with 25.94% of the households containing married families with children. The county average for households married with children is 32.32%.

The median household income in Richmond, Minnesota is $54,526. The median household income for the surrounding county is $59,564 compared to the national median of $57,652. The median age of people living in Richmond is 43.8 years.

Richmond Weather

The average high temperature in July is 83.1 degrees, with an average low temperature in January of 4.8 degrees. The average rainfall is approximately 29.5 inches per year, with 53.7 inches of snow per year.

Nearby Homes for Sale

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