Metropolitan market · Indiana · June 2026 data

Richmond Real Estate Market

The Richmond, IN housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Richmond report in a click.

Median listing price
$196,175
▲ 11.3% YoY
Median $ / sq ft
$123
1,638 sq ft median
Median days on market
46
June 2026
Active listings
161
For sale now
New listings
74
June 2026
Listings with price cuts
21%
Share of active
Median sale price (closed)
$152,000
▲ 1.3% YoY · closed sales
Sale-to-list ratio
96.6%
Closed sales
Homes sold / month
69
Closed sales
Median listing price trend
$196K$183K$171K$158K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Richmond IN · trailing 8 quarters · source: public records and industry data.

The 10-year view
$196K$168K$141K$113K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Richmond IN · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
161
New this month
74
Pending
91
Price-reduced
33

As of June 2026, the median home listed in Richmond, IN asks $196,175 — up 11.3% from a year ago. Homes are taking a median of 46 days to go under contract, and 21% of the 161 active listings have taken a price cut, which points to a balanced market. Figures cover the Richmond, IN metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
68/100
#129 of 932 covered metros
12-month outlook
+2.4%
▲ Rising · model output, not advice
Momentum
45
Value
90
Rental yield
82
Supply risk
28
Market heat
56

Richmond scores 68/100 on our composite Investor Score (#129 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 64% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 11.3% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Richmond ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$884/mo
−$101/mo vs today
At today's rate · 6.43%
$985/mo
National weekly average
If rates rise 1% · 7.43%
$1,090/mo
+$105/mo vs today

Principal & interest on the $196,175 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
275
▲ 623.7% vs 2024
4.1 per 1,000 residents
Net migration (2022–2023)
+191
▲ people, via tax-return records
net income flow −$3.07M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Top teams

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Richmond market FAQs

What is the median home price in Richmond?
As of June 2026, the median listing price in Richmond, IN is $196,175, up 11.3% year over year (source: public records and industry data). Figures cover the Richmond, IN metro area.
How fast are homes selling in Richmond?
The median property in Richmond spends 46 days on the market, with 161 homes actively listed and 21% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Richmond?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Richmond and the wider Indiana market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Richmond, IN metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.