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MN area data

Richmond, MN

Richmond, MN.

Population: 4,262 (Census ACS)

Home values & appreciation

Median home value
$370,635
1-year appreciation
+1.4%
3-year appreciation
+8.8%
5-year appreciation
+23.4%
10-year appreciation
+86.1%
All-time peak (2026-03)
$372,572
House Price Index
429.3 (+3.3% YoY)

Market activity

Median sale price
$344,126
Median list price
$377,400
Median days on market
26 days
Sale-to-list ratio
98.2%
Active listings
25
1-year forecast
+2.0%
New listings (monthly)
9

Rents

2-bedroom fair-market rent (HUD reference)
$1,176/mo
3BR fair-market rent
$1,529/mo

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
hail, lightning, strongWind, tornado, winterWeather
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Annual precipitation
30.1 in

Air quality

Air quality rating
Good
Median AQI (annual)
48
Days with Good air quality
199
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
6.2 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Mikes Aerodrome (9 mi)
Nearest major airport
Saint Cloud Regional Airport (STC) (25 mi)
Hospitals nearby (~15 mi)
4
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-324 tax filers

Housing stock

Median year housing built
1,981
Median annual property tax
$2,968
Mean commute to work
22 min
Households with broadband internet
72.5%

Employment & development

Total county employment
74,929
Average weekly wage
$1,128
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
338

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents