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City / Town Overview

Richmond, IN

Aggregate real estate market report across all ZIPs in scope
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Richmond, IN real estate market currently shows 177 active listings, with 46 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 66 days on market compared to 52 days last year.

The median listing price has risen 14.5% year-over-year, from $161,150 to $184,450.

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Market Context

Market Context

Population: 45,480  ·  Density: 146.6/mi²  ·  Median household income: $50,880

Typical home value: $115,716  ·  Homeownership: 62.9%

Included Areas

Richmond: 47374, 47375

Area Map

Market Overview

Active Listings
177
⇩ 8.8% vs 194 last year
Pending
46
26% pending ratio
Median Price
$184,450
⇧ 14.5% vs $161,150 last year
Average Price
$251,396
⇧ 18.1% vs $212,894 last year
Days on Market
66
⇧ 26.9% vs 52 days last year

Price Per Square Foot

Median $/sqft
$124
⇧ 15.9% vs $107/sqft last year
Median Home Size
1,633 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %