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St. Croix County · 2026 data

New Richmond, Wisconsin Home Market Report

Updated 2026-06-21 · by Micah Nicholes, Founder, HouseBuyerz

27% of recent New Richmond home sales were all-cash vs. 29% across Wisconsin
Median home value
$314,100
Investor / renter-owned
11%
Homes
6,694
Typical year built
-1
All-cash sales (recent)
27%

New Richmond vs. Wisconsin

All-cash sales
27%
New Richmond
29%
Wisconsin avg
Investor / renter-owned
11%
New Richmond
21%
Wisconsin avg

Who owns the homes in New Richmond?

Ownership reflects the most recent public assessor records (2026).

3.9%
Owned by out-of-state owners
WI avg 5.3%
5.3%
Owned by a company or LLC
WI avg 5.6%
89%
Owner-occupied (lived in by owner)
11% investor/renter

Of the roughly 6,694 homes in New Richmond, about 3.9% are held by owners with an out-of-state mailing address (in line with the Wisconsin average of 5.3%), and about 5.3% are titled to a company or LLC rather than a person (in line with the state average of 5.6%).

Across St. Croix County, the single largest corporate residential owner on record is T-Buck Properties LLC, holding roughly 131 single-family homes. Out-of-state and company owners are usually the most willing to sell quickly for cash — they're managing the house as an investment, not living in it.

Curious how New Richmond compares to the rest of the state? See our Who Owns Wisconsin study — out-of-state and corporate ownership across all 72 counties.

In New Richmond (St. Croix County, Wisconsin), the typical home is worth about $314,100, across roughly 6,694 dwellings. About 11% are owned by investors or landlords rather than the people living in them — below the Wisconsin average of 21%.

Of recent home sales, roughly 27% closed in all cash — in line with the statewide average of 29%. A higher cash-sale share usually signals active investor and cash-buyer demand in a market.

For homeowners, the takeaway is that there's a real, active cash market for New Richmond houses — including as-is, inherited, and off-market sales that never hit the MLS. (HouseBuyerz is one of those cash buyers.)

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