Are home prices going up or down in Richmond, IN?
In Richmond, IN, the typical home sold for $152,000 during May 2026 — about the same as a year ago. Prices are flat, not rising or falling.
Over the last 36 months the typical sale price in Richmond, IN went from $149,350 to $152,000 — up 2%.
The high point was $175,000, reached in August 2024. Today's typical sale is 13% below that.
Measured by size, homes in Richmond, IN are selling for about $124 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.
Source: Redfin's published market data for the Richmond, IN area, through May 2026.
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More about the Richmond, IN market
- When is the best month to sell a house in Richmond, IN?
- How long does it take to sell a house in Richmond, IN?
- Do homes sell above asking price in Richmond, IN?
- Is Richmond, IN a buyer's market or a seller's market?
- How many homes are for sale in Richmond, IN?
- All Richmond, IN housing numbers
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Figures come from Redfin's published market data for the Richmond, IN area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.