New Richmond, WI — Momentum Score, Home Values & Best-For

All states·Wisconsin·New Richmond

St. Croix County · Minneapolis-St. Paul-Bloomington · population 10,879

Small-town feel
View watchlist →
69
Rising
Momentum score · 0–100

Where New Richmond stands

At or near all-time high.

Median home $379,196
1-year +0.5%
5-yr CAGR +4.2%
vs 5-yr peak -0.1%
Population +1.9%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-03$379k$190k$258k$326k$395k201620182020202220242026

Lifestyle scores

🚶
Walkability
25/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
15/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
65/100
Strong remote-work fit
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent vs buy

Price-to-rent ratio: 17.9
Lean buy

At a 17.9 price-to-rent ratio, New Richmond is in the 'depends on horizon' zone. Buy if you'll be there 5+ years and value flexibility on the home; rent if you might move, want zero maintenance friction, or expect rates to drop.

How the momentum score breaks down

methodology →
Home YoY
53 · w22%
Home 5-yr CAGR
60 · w22%
Distance from peak
90 · w18%
Population growth
79 · w16%
Home 10-yr CAGR
70 · w10%
Long thesis

New Richmond is a Rust Belt market with +1.9% population growth — a rare combination. You're buying real housing for less than the cost of a coastal studio in a city the data says is finally turning.

Short thesis

New Richmond's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About New Richmond

New Richmond is a city in St. Croix County, Wisconsin, with an estimated population of 10,879. It anchors the Minneapolis-St. Paul-Bloomington metro area. The population grew 1.9% annually from 2020 to 2024, a moderate gain. The median home value in New Richmond is $379,196 as of 2026-04, up 0.5% over the last 12 months. Over the last five years, home values have averaged +4.2% annual growth, with prices at or near the 5-year peak. Rents in New Richmond average $1,763 per month. The composite momentum score is 69 of 100 (Rising). The market is healthy with prices supported by underlying demand.

Bull case

Net positive migration: population up 1.9% per year — demand fundamentals are intact.
Held the highs: currently -0.1% from the 5-year peak — this market refused to give back gains.

Bear case

Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for St. Croix County right now.

Public-safety links are official .gov sources, not curated by us. St. Croix County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like New Richmond

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
27° / 11°
avg high / low
Summer (Jul)
81° / 60°
avg high / low
Sunny days/yr
188
~52% of year
Annual precip
33″ rain
47″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Moderate
Wildfire
Very low
Earthquake
Very low
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Minneapolis-St. Paul-Bloomington area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current New Richmond listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local economy & environment

Humidity
73%
Humid climate
Median household income
$72,500
Wisconsin state median
Top industries (state-level)
ManufacturingHealthcareDairy/Food

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

Cities similar to New Richmond

Explore other places with comparable momentum or affordability.

See all Wisconsin cities →    Browse best-of lists →