Richmond, IN Housing Market
The Richmond housing market is somewhat competitive. The median sale price of a home in Richmond was $44K last month, down 61.7% since last year. The median sale price per square foot in Richmond is $47, down 5.0% since last year.
Richmond Housing Market Trends
In March 2024, Richmond home prices were down 61.7% compared to last year, selling for a median price of $44K.
since last year
since last year
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Richmond housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 7% below list price and go pending in around 28 days.
- Hot homescan sell for about 1% below list price and go pending in around 9 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 36 days.
- Hot homescan sell for about 1% above list price and go pending in around 5 days.
Richmond Migration & Relocation Trends
Home offer insights for Richmond
Recent offers
View houses in Richmond that sold recently
Recently sold homes
- $263,011 Last Sold Price4 beds3 baths2,334 sq ft3011 Dorothy Ln, Richmond, IN 47374List Price$274,900Sale to List4% under listDays on Market168 days3011 Dorothy Ln, Richmond, IN 47374
- $140,000 Last Sold Price3 beds1 bath1,500 sq ft326 Carol Dr, Richmond, IN 47374List Price$149,900Sale to List7% under listDays on Market53 days326 Carol Dr, Richmond, IN 47374
- $99,750 Last Sold Price3 beds2 baths2,352 sq ft910 S 15th St, Richmond, IN 47374List Price$99,750Sale to List0% over listDays on Market32 days910 S 15th St, Richmond, IN 47374
- $106,000 Last Sold Price3 beds1.5 baths1,360 sq ft218 SW 2nd St, Richmond, IN 47374List Price$99,900Sale to List6% over listDays on Market36 days218 SW 2nd St, Richmond, IN 47374
- $238,000 Last Sold Price3 beds2.5 baths3,016 sq ft435 SW 21 St, Richmond, IN 47374List Price$269,000Sale to List12% under listDays on Market45 days435 SW 21 St, Richmond, IN 47374
- $116,500 Last Sold Price3 beds1 bath1,224 sq ft504 SW 17th St, Richmond, IN 47374List Price$119,900Sale to List3% under listDays on Market136 days504 SW 17th St, Richmond, IN 47374
- $155,000 Last Sold Price3 beds1 bath1,336 sq ft603 3rd St, Richmond, IN 47374List Price$189,000Sale to List18% under listDays on Market28 days603 3rd St, Richmond, IN 47374
- $40,000 Last Sold Price1 bed2 baths1,705 sq ft1720 Holsapple Rd, Richmond, IN 47374List Price$55,000Sale to List27% under listDays on Market66 days1720 Holsapple Rd, Richmond, IN 47374
See all recently sold homes in Richmond.
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Schools in Richmond
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Charles Elementary School Public • PreK-4 | 385 Students | 1 reviews |
4/10 Elizabeth Starr Academy For Young Ent Public • PreK-4 | 281 Students | 3 reviews |
3/10 Westview Elementary School Public • PreK-4 | 295 Students | N/A |
2/10 Crestdale Elementary School Public • PreK-4 | 417 Students | N/A |
2/10 Vaile Elementary School Public • PreK-4 | 333 Students | 5 reviews |
Climate's impact on Richmond housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Richmond.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Wind likelihood over time
Heat Factor - Moderate
Heat Factor
Transportation in Richmond
Walk Score®
Bike Score®
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