Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Richmond area can be challenging. Home prices in New Richmond are now at a median cost of $233,243, higher than the Wisconsin average of $220,185.
The average cost of rent is $970/mo in New Richmond, primarily driven by the current value of real estate in the New Richmond area. While nearly 19.30% of residents own their homes outright in New Richmond, 27.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Richmond is $7,246 per month. Households that rent pay about 13.39% of their income on rent here. New Richmond's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Huntington, WI: equally priced homes
- Stanton, WI: equally priced homes
- Jewett, WI: equally priced homes
- Somerset, WI: higher priced homes
- Star Prairie, WI: equally priced homes
- Burkhardt, WI: higher priced homes
- Deer Park, WI: less expensive homes
- Roberts, WI: higher priced homes
- Hammond, WI: higher priced homes
- Houlton, WI: higher priced homes
Cities with Similar Populations
- Walnut Grove, WA: higher priced homes
- Ferguson, MO: less expensive homes
- Fletcher, NC: higher priced homes
- Weehawken, NJ: higher priced homes
- Fortville, IN: higher priced homes
- Webster, MA: higher priced homes
- Four Corners, OR: equally priced homes
- Wayne, MI: less expensive homes
- Franklin Park, IL: equally priced homes
- Watkinsville, GA: higher priced homes
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