Data as of July 2026. Source: Realtor.com.
The NEW RICHLAND, MN real estate market (56072) currently shows 11 active listings, with 5 pending sales. Homes are averaging 41 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 41 days on market compared to 48 days last year.
The median listing price has risen 40.5% year-over-year, from $222,400 to $312,500.
Whether you are buying or selling in NEW RICHLAND, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 2,127 · Density: 6.8/mi² · Median household income: $70,556
Typical home value: $179,609 · Homeownership: 82.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56072 | New Richland, MN 56072 | 0.0 mi | 6 | $1,395,240 | $229,900 | $232,540 |
| 56032 | Freeborn, MN 56032 | 8.7 mi | 2 | $413,166 | $189,900 | $206,583 |
| 56026 | Ellendale, MN 56026 | 11.1 mi | 7 | $1,915,151 | $222,450 | $273,593 |
| 56016 | Clarks Grove, MN 56016 | 12.3 mi | 1 | $269,900 | $269,900 | $269,900 |
| 56035 | Geneva, MN 56035 | 13.2 mi | 1 | $296,000 | $296,000 | $296,000 |
| 56068 | Minnesota Lake, MN 56068 | 14.8 mi | 3 | $737,100 | $245,700 | $245,700 |
| 56009 | Alden, MN 56009 | 16.4 mi | 11 | $3,066,668 | $289,900 | $278,788 |
| 56045 | Hollandale, MN 56045 | 17.8 mi | 2 | $1,104,900 | $552,450 | $552,450 |
| 56007 | Albert Lea, MN 56007 | 18.8 mi | 75 | $20,849,850 | $216,150 | $277,998 |
| 56080 | Saint Clair, MN 56080 | 21.4 mi | 2 | $393,300 | $196,650 | $196,650 |
| 56043 | Hayward, MN 56043 | 22.1 mi | 1 | $217,900 | $217,900 | $217,900 |
| 55049 | Medford, MN 55049 | 23.5 mi | 4 | $1,139,800 | $269,900 | $284,950 |
| 56024 | Eagle Lake, MN 56024 | 23.9 mi | 8 | $3,311,304 | $374,900 | $413,913 |
As of July 2026, there are 11 active listings in NEW RICHLAND, MN (zip code 56072), compared to 11 the prior year.
The median listing price in NEW RICHLAND, MN 56072 is $312,500 as of July 2026, a 40.5% increase from $222,400 the prior year.
Homes in NEW RICHLAND, MN 56072 spend an average of 41 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of July 2026, NEW RICHLAND, MN 56072 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 41 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW RICHLAND, MN 56072 save an estimated $6,250 compared to a typical 5% commission on the median listing price of $312,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.