Active Listings
10
⇩ 33.3% vs 15 last year
Data as of September 2026. Source: Realtor.com.
The NEW RICHLAND, MN real estate market (56072) currently shows 10 active listings, with 1 pending sales. Homes are averaging 45 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 45 days on market compared to 36 days last year.
The median listing price has risen 83.9% year-over-year, from $171,250 to $314,950.
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 September 2026, there are 10 active listings in NEW RICHLAND, MN (zip code 56072), compared to 15 the prior year.
The median listing price in NEW RICHLAND, MN 56072 is $314,950 as of September 2026, a 83.9% increase from $171,250 the prior year.
Homes in NEW RICHLAND, MN 56072 spend an average of 45 days on the market before going under contract, compared to 36 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NEW RICHLAND, MN 56072 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 45 days on market compared to 36 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW RICHLAND, MN 56072 save an estimated $6,299 compared to a typical 5% commission on the median listing price of $314,950. 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.