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Median sale price
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ZIP 56368 in Richmond, MN: housing market trends

The median home sale price in ZIP 56368 in Richmond, MN was $379,838 for the three-month period ending September 2026. Sale prices were 3.4% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$379,838
three-month period ending September 2026
Median sale price per sq ft
$247.05
three-month period ending September 2026
Active listings
49
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 49 active listings for the three-month period ending September 2026. Active listings were 4.3% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 40 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 56368 in Richmond, MN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$379,838$247.0531
Single-familySeptember 2026$379,854$247.0531
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 56368 in Richmond, MN
MarketMedian sale priceReporting period / source
Richmond, MN$327,8443 months ending September 2026 · Redfin
Cold Spring, MN$314,8503 months ending September 2026 · Redfin
Eden Valley, MN$249,8313 months ending September 2026 · Redfin
Paynesville, MN$242,3853 months ending September 2026 · Redfin
Avon, MN$329,7433 months ending September 2026 · Redfin
Albany, MN$254,4703 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 56368 in Richmond, MN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$379,838$247.0549
August 2026$420,000$257.0751
July 2026$444,950$269.6748
June 2026$372,450$215.1848
May 2026$344,126$247.9247
April 2026$333,352$192.8833
March 2026$210,000$141.1319
February 2026$228,000$145.2820
January 2026$265,000$190.3121
December 2025$275,000$228.6532
November 2025$310,000$264.3939
October 2025$345,000$264.3943
September 2025$367,500$239.0047
August 2025$370,000$215.1244
July 2025$365,000$207.6848
June 2025$344,950$213.3846
May 2025$350,000$207.6846
April 2025$320,000$196.8934
March 2025$330,000$187.8126
February 2025$253,000$177.8821
January 2025$253,000$172.2927
December 2024$366,250$196.0727
November 2024$450,000$213.8831
October 2024$360,000$213.8840

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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