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Today: September 23, 2025

Current Price

$397,455

1 Month Forecast

$412,591

1-Year Forecast *

$433,383

5-Year Forecast *

$495,526

"Is it a good time to buy homes in Richville?" "Does investing in real estate in Richville (Minnesota State, Otter Tail County) worth it?" According to our live Forecast System, buying a house in Richville is a acceptable short-term (1-year) investment*. The Richville average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Richville" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Richville in Minnesota State, Otter Tail County. If you are looking for homes for sale with good flipping profit, Richville can be a profitable property investment option. The median price of an average house in Richville was 397,455 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Richville" area is 495,526 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +24.67% meaning that investing 100000 USD today may yield a profit of 24,675 USD by 2030.

Current Median Listing Price: 397,455 USD Median Listing Price Per Square Foot: 221 USD

Richville Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Richville (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Richville Price Target

Richville median home price target in 12 months: $433,383* (upside of 9.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $406,914 $410,661 $404,990 $410,661
2024 $371,402 $397,455 $370,680 $399,589
2023 $355,987 $371,218 $355,796 $371,218
2022 $346,692 $358,042 $346,692 $363,818
2021 $304,981 $344,890 $304,981 $344,890
2020 $273,715 $301,029 $273,458 $301,029
2019 $256,707 $273,839 $256,707 $273,839
2018 $244,928 $255,244 $244,928 $255,244
2017 $235,249 $243,930 $235,249 $243,930
2016 $224,797 $232,975 $224,797 $232,975
2015 $215,465 $222,005 $215,465 $222,005
2014 $217,475 $214,482 $214,130 $217,532
2013 $215,087 $216,661 $212,761 $216,661
2012 $209,132 $213,836 $209,132 $213,836

Questions & Answers about the Richville Housing Market Forecast

How much does an average home cost in Richville today?

The value of an average home (the listing price) in Richville is $397,455 USD.

What is the average price per square foot in Richville?

According to Walletinvestor the median price per square foot in Richville is 221 USD.

Will the median listing price of homes in Richville grow / rise / go up?

Yes. The Richville home prices may rise from 397,455 USD to 433,383 USD in one year.

Is it profitable to invest in Richville homes?

Yes. The long-term profit potential is +9.04% in one year.

Will Richville house prices fall / drop?

No. See above.

What is the predicted price of a Richville home in 2030?

The predicted home sales price of a Richville home in 2030 in Richville is 495,526 USD.

What is the predicted price of a Richville home in 2035?

The predicted home sales price of a Richville home in 2035 in Richville is 597,928 USD.

Will real estate prices decrease in Richville?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Richville is the 19559. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Otter Tail, Richville increased, looking at the past 12 months.

According to Walletinvestor's Richville real estate market research, home values will increase in the next 12 months.

Median home values increased by 0.137% to 397,455 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 9.279% in 2020
  • 9.619% in 2021
  • 10.559% in 2022
  • 10.179% in 2023
  • 10.999% in 2024
  • 10.649% in 2025

Based on our Richville real estate market research and report the predicted sales prices will increase by 137.593% in the next 10 years.

Over the last 12 months, the value of homes in Richville fluctuated: increasing 6 times and decreasing 4 times.

Richville (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Richville Housing Market Forecast with Real Estate Prices for 2025
August 2025 412591 373395 451787
September 2025 414530 374735 454325
October 2025 416478 394405 438552
November 2025 418435 393748 443123
December 2025 420402 390553 450250
Richville Housing Market Forecast with Real Estate Prices for 2026
January 2026 422377 399991 444763
February 2026 424362 393808 454916
March 2026 426356 387132 465581
April 2026 428360 387237 469483
May 2026 430373 406703 454044
June 2026 432396 398669 466122
July 2026 433383 399145 467620
August 2026 435419 406682 464157
September 2026 437465 398968 475962
October 2026 439521 410952 468090
November 2026 441587 411559 471615
December 2026 443336 417180 469493
Richville Housing Market Forecast with Real Estate Prices for 2027
January 2027 445420 410232 480608
February 2027 447513 423795 471231
March 2027 449616 419042 480190
April 2027 451729 422818 480640
May 2027 453852 415274 492429
June 2027 455288 419776 490801
July 2027 454915 409423 500406
August 2027 453928 420337 487518
September 2027 452943 423501 482384
October 2027 451960 419419 484501
November 2027 450979 419411 482548
December 2027 450736 425495 475977
Richville Housing Market Forecast with Real Estate Prices for 2028
January 2028 452365 422056 482673
February 2028 454491 422222 486760
March 2028 456217 426107 486328
April 2028 458114 416425 499802
May 2028 460108 419618 500597
June 2028 462069 425566 498573
July 2028 464241 421066 507415
August 2028 466014 425470 506557
September 2028 468179 426511 509847
October 2028 469184 428834 509534
November 2028 469417 445007 493827
December 2028 468505 436646 500363
Richville Housing Market Forecast with Real Estate Prices for 2029
January 2029 470335 427065 513606
February 2029 472546 433797 511294
March 2029 474766 450078 499454
April 2029 476997 443608 510387
May 2029 479239 444734 513744
June 2029 481491 457416 505566
July 2029 483754 437313 530194
August 2029 486027 439368 532686
September 2029 484972 447630 522315
October 2029 483920 446174 521666
November 2029 486194 456536 515852
December 2029 485199 439590 530807
Richville Housing Market Forecast with Real Estate Prices for 2030
January 2030 484146 445414 522878
February 2030 485573 454497 516650
March 2030 487553 447574 527533
April 2030 488605 457823 519387
May 2030 490901 453102 528701
June 2030 493208 456711 529706
July 2030 495526 454893 536159
August 2030 497855 456035 539674
September 2030 500194 460679 539709
October 2030 502545 464351 540738
November 2030 504906 462494 547318
December 2030 507279 469233 545325
Richville Housing Market Forecast with Real Estate Prices for 2031
January 2031 509663 460226 559100
February 2031 512058 473654 550462
March 2031 514464 484625 544303
April 2031 516882 474498 559266
May 2031 518062 492159 543965
June 2031 520496 481980 559013
July 2031 522942 489997 555888
August 2031 525400 477063 573737
September 2031 527869 481416 574321
October 2031 529961 503463 556459
November 2031 532451 487193 577709
December 2031 534953 484668 585239
Richville Housing Market Forecast with Real Estate Prices for 2032
January 2032 537467 484795 590139
February 2032 539993 511913 568073
March 2032 542531 500756 584305
April 2032 544248 513770 574726
May 2032 543801 495403 592199
June 2032 542621 515490 569752
July 2032 541444 503001 579886
August 2032 540269 500289 580249
September 2032 539097 512142 566051
October 2032 538806 494624 582988
November 2032 540753 495330 586176
December 2032 543294 512870 573719
Richville Housing Market Forecast with Real Estate Prices for 2033
January 2033 545359 511546 579171
February 2033 547625 499434 595816
March 2033 550009 497208 602810
April 2033 552354 517555 587152
May 2033 554949 523872 586027
June 2033 557069 518631 595506
July 2033 559658 529996 589320

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.