The Unshakable Investor

Unshakable ZIP Data 56072 | New Richland, MN Housing Market

New Richland · Waseca County · Owatonna, MN metro · Minnesota · Data updated June 19, 2026

The median sale price in ZIP 56072, New Richland, Minnesota is $200,440 at $114 per square foot. 4 single-family homes sold in the latest period, down 17.6 percent from a year earlier. Homes sit a median of 88 days on market with 6.4 months of supply. Sellers are getting 102.1 percent of list price and 25.0 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$277,875
Average price per sq ft$158
Median sale price$200,440
Median sale price per sq ft$114
Median home size1,762 sq ft
Median new listing price$322,245+17.2%
National size rank17,649

Sales activity

MetricValueYear over year
Homes sold4-17.6%
Median days on market88 days
Months of supply6.4 months
New listings13+46.6%
Active listings17+7.6%
Pending sales11+39.4%

Pricing power

MetricValueYear over year
Average sale-to-list ratio102.1%+3.6 pts
Share sold above list25.0%+25.0 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$219,352
3-bedroom
$252,795
4-bedroom
$303,753

These figures describe the single-family market for New Richland, Minnesota ZIP 56072. They are market context, not a substitute for sold comps or a formal appraisal.