The median home in New Richmond, Wisconsin is valued at $367,023, up 0.7% year over year. Typical monthly rent is $1,706, producing a price-to-rent ratio of 17.9x — near the national average of 18x. New Richmond is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Minneapolis-St. Paul-Bloomington, MN-WI stress score, crash risk, and 12-month forecast →

Home Value$367,023

+0.7%

Rent$1,706/mo

AFFORDABILITY

Enter your income for New Richmond.

Income (annual)

Down Payment

$73,405 on $367,023

Out of reach — 40.4% of income

Need $108,086/yr to afford.

PITI$2,522

P/I40.4%

Afford$255K

Gap-$112K

P&I $1,856Tax $566Ins $100

Renting $816/mo cheaper ($1,706 rent)6.50% 30yr, 20% down, county tax + WI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Wisconsin

Compare New Richmond with other housing markets across Wisconsin.

Oconomowoc Lake$1986K Shorewood Hills$1133K Maple Bluff$967K River Hills$895K Linn$733K Summit$730K Delafield$722K Nashotah$691K

Full Minneapolis-St. Paul-Bloomington, MN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Minneapolis-St. Paul-Bloomington, MN-WI metro.

View Minneapolis-St. Paul-Bloomington, MN-WI metro →

NEW RICHMOND, WI