Current Price

$397,455

1 Month Forecast

â–² $412,413

1-Year Forecast *

â–² $431,195

5-Year Forecast *

â–² $487,380

"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 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Richville" area is 487,380 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +22.63% meaning that investing 100000 USD today may yield a profit of 22,625 USD by 2031.

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: 2026-2032

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: $431,195* (upside of 8.5%)

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 $209,254 $213,836 $209,243 $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 431,195 USD in one year.

Is it profitable to invest in Richville homes?

Yes. The long-term profit potential is +8.49% 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 465,704 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 551,808 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 decreased, 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 decreased by 1.861% to 397,455 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 9.579% in 2021
  • 6.949% in 2022
  • 9.229% in 2023
  • 6.659% in 2024
  • 8.099% in 2025
  • 6.909% in 2026

Based on our Richville real estate market research and report the predicted sales prices will increase by 125.871% in the next 10 years.

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

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

Below you will find the price predictions for 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 412413 384781 440044
September 2025 414172 391806 436537
October 2025 415938 380999 450877
November 2025 417712 393067 442357
December 2025 419493 382159 456828
Richville Housing Market Forecast with Real Estate Prices for 2026
January 2026 420451 396906 443996
February 2026 422244 385931 458557
March 2026 424045 401147 446943
April 2026 425853 398173 453534
May 2026 427670 402009 453330
June 2026 429364 400597 458132
July 2026 431195 398425 463966
August 2026 433034 406619 459450
September 2026 434881 392263 477500
October 2026 436736 396993 476479
November 2026 438599 399563 477634
December 2026 439987 413147 466826
Richville Housing Market Forecast with Real Estate Prices for 2027
January 2027 439626 412369 466882
February 2027 438681 412799 464563
March 2027 437738 396153 479323
April 2027 436797 402290 471304
May 2027 435858 394888 476829
June 2027 435623 405565 465681
July 2027 437198 405719 468676
August 2027 439062 399986 478139
September 2027 440730 401065 480396
October 2027 442562 404944 480180
November 2027 444450 418227 470672
December 2027 446344 405727 486962
Richville Housing Market Forecast with Real Estate Prices for 2028
January 2028 448248 414629 481866
February 2028 449960 414413 485506
March 2028 451879 411209 492548
April 2028 452848 428847 476849
May 2028 453073 424077 482070
June 2028 452192 416469 487916
July 2028 453960 410833 497086
August 2028 455896 430365 481426
September 2028 457840 421671 494009
October 2028 459792 423009 496576
November 2028 461753 438204 485303
December 2028 463723 436827 490619
Richville Housing Market Forecast with Real Estate Prices for 2029
January 2029 465700 424719 506682
February 2029 467687 439625 495748
March 2029 466681 435880 497482
April 2029 465678 420507 510849
May 2029 467664 423236 512092
June 2029 466707 440104 493309
July 2029 465704 434501 496906
August 2029 467077 439052 495101
September 2029 468981 428649 509314
October 2029 469993 435683 504302
November 2029 471997 435182 508813
December 2029 474010 438934 509087
Richville Housing Market Forecast with Real Estate Prices for 2030
January 2030 476032 443186 508878
February 2030 478062 436949 519175
March 2030 480101 443613 516589
April 2030 482148 439719 524578
May 2030 483249 443139 523359
June 2030 485310 452309 518311
July 2030 487380 460087 514673
August 2030 489458 452749 526168
September 2030 491546 463036 520056
October 2030 493494 464871 522116
November 2030 495598 449012 542185
December 2030 497712 454909 540515
Richville Housing Market Forecast with Real Estate Prices for 2031
January 2031 499835 453350 546319
February 2031 501966 452272 551661
March 2031 504107 467811 540403
April 2031 505703 478900 532505
May 2031 505288 480023 530552
June 2031 504202 470420 537983
July 2031 503118 455322 550914
August 2031 502037 470408 533665
September 2031 500957 466892 535023
October 2031 500688 472148 529227
November 2031 502497 461795 543199
December 2031 504640 458718 550562
Richville Housing Market Forecast with Real Estate Prices for 2032
January 2032 506557 474138 538977
February 2032 508663 464409 552916
March 2032 510832 475585 546079
April 2032 513010 465813 560207
May 2032 515198 476558 553837
June 2032 517165 473723 560607
July 2032 519371 492363 546378

> 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.