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Richmond, IN Real Estate & Property Data

Richmond Real Estate Market Trends

Last Updated: April 16, 2024

Accurate and comprehensive real estate data is critical for insight into Richmond, IN. ATTOM’s Richmond real estate data is updated daily, and current market trends show that in Richmond, IN a total of 912 residential properties have sold over the past year. With a median home price of $135,504 in Richmond and a total of 5 foreclosures. Get detailed property data for Richmond, IN instantly. ATTOM is your one-stop-shop for the Richmond property reports and real estate data you need in Richmond, IN.

Richmond Real Estate Market Trends

Get property data for any address in Richmond, IN or the country:

Total Residential Properties 16,816

Total Commercial Properties 1,464

Avg. Home Age (Single Family Home) 69 Years

Avg. Square Feet (Single Family Home) 1,578

Total 2024 Residential Sales (year-to-date) 109

% of Homes Seriously Underwater (Q2 2024) 1.99%

Total 2023 Residential Sales 850

% of Equity Rich Homes (Q2 2024) 19.96%

Effective 2023 Property Tax 0.93%

Total Foreclosure Filings (year-to-date) 14

Richmond, IN Real Estate Overview

There were 912 residential properties sold in the past year in Richmond, IN. The median home value in Richmond, IN is $110,543. There are a total of 16,816 residential properties in the Richmond.

Median Sales Price i

$135,504

(Feb 2024)

-2.9%

year-over-year

y-o-y

February '24 Feb '24 $135,504
January '24 Jan '24 $125,625
December '23 Dec '23 $154,868
November '23 Nov '23 $137,450
October '23 Oct '23 $143,000
September '23 Sep '23 $142,500
August '23 Aug '23 $114,997
July '23 Jul '23 $146,250
June '23 Jun '23 $137,950
May '23 May '23 $137,700
April '23 Apr '23 $170,000
March '23 Mar '23 $130,750

Median Down Payment i

$27,200

(Feb 2024)

+194.1%

year-over-year

y-o-y

February '24 Feb '24 $27,200
January '24 Jan '24 $21,990
December '23 Dec '23 $29,275
November '23 Nov '23 $19,177
October '23 Oct '23 $125,550
September '23 Sep '23 $17,175
August '23 Aug '23 $7,085
July '23 Jul '23 $9,350
June '23 Jun '23 $9,550
May '23 May '23 $12,125
April '23 Apr '23 $26,768
March '23 Mar '23 $18,575

Number of Homes Sold i

60

(Feb 2024)

+62.2%

year-over-year

y-o-y

February '24 Feb '24 60
January '24 Jan '24 49
December '23 Dec '23 62
November '23 Nov '23 95
October '23 Oct '23 71
September '23 Sep '23 70
August '23 Aug '23 81
July '23 Jul '23 79
June '23 Jun '23 82
May '23 May '23 80
April '23 Apr '23 77
March '23 Mar '23 69

Number of Purchase Loans i

37

(Feb 2024)

+68.2%

year-over-year

y-o-y

February '24 Feb '24 37
January '24 Jan '24 28
December '23 Dec '23 35
November '23 Nov '23 33
October '23 Oct '23 10
September '23 Sep '23 15
August '23 Aug '23 28
July '23 Jul '23 50
June '23 Jun '23 52
May '23 May '23 18
April '23 Apr '23 30
March '23 Mar '23 41

Number of REFI Loans i

53

(Feb 2024)

+65.6%

year-over-year

y-o-y

February '24 Feb '24 53
January '24 Jan '24 38
December '23 Dec '23 31
November '23 Nov '23 47
October '23 Oct '23 86
September '23 Sep '23 63
August '23 Aug '23 39
July '23 Jul '23 39
June '23 Jun '23 46
May '23 May '23 73
April '23 Apr '23 46
March '23 Mar '23 41

Number of HELOC Loans i

February '24 Feb '24 N/A
January '24 Jan '24 3
December '23 Dec '23 N/A
November '23 Nov '23 8
October '23 Oct '23 7
September '23 Sep '23 1
August '23 Aug '23 2
July '23 Jul '23 7
June '23 Jun '23 4
May '23 May '23 14
April '23 Apr '23 11
March '23 Mar '23 4

Richmond, IN Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

47374
$110,543 $70.06/sqft

Richmond, IN Foreclosure Activity

There were a total of 5 Richmond, IN properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

5

(Feb 2024)

-28.6%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 9
December '23 Dec '23 6
November '23 Nov '23 5
October '23 Oct '23 6
September '23 Sep '23 5
August '23 Aug '23 7
July '23 Jul '23 8
June '23 Jun '23 11
May '23 May '23 9
April '23 Apr '23 16
March '23 Mar '23 12

Foreclosure Starts i

2

(Feb 2024)

-71.4%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 9
December '23 Dec '23 2
November '23 Nov '23 4
October '23 Oct '23 4
September '23 Sep '23 1
August '23 Aug '23 5
July '23 Jul '23 6
June '23 Jun '23 N/A
May '23 May '23 7
April '23 Apr '23 3
March '23 Mar '23 11

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 2
June '23 Jun '23 2
May '23 May '23 N/A
April '23 Apr '23 1
March '23 Mar '23 N/A

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