Housing in Richmond, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$123,250
Median List Price
$139,950
Price Per Sq Ft
$107
Days on Market
49
Active Inventory
100
Months of Supply
3.6
Seller's market
Zillow Home Value
$149,198
ZHVI — January 2026
Zillow Rent Index
$832
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
7.1%
Off Market in 2 Weeks
23.8%
Sale-to-List Ratio
95.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
28
New Listings
42
Pending Sales
42
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$107
Median List $/SF
$115
Richmond vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Richmond is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$107,600
Median Rent
$815
Total Housing Units
17,287
Vacancy Rate
15.3%
Owner Occupied
57.5%
Renter Occupied
42.5%
Median Property Tax
$932
per year
Monthly Cost (w/ Mortgage)
$762
Housing Types
The current median sale price in Richmond, IN is $123,250 according to Redfin data. Homes spend a median of 49 days on the market. 7.1% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $107. Zillow's observed rent index is $832/month. About 57.5% of housing units are owner-occupied. The median year homes were built is 1957. There are 17,287 total housing units.