Richmond, IN Housing


5 Reviews



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United States / Indiana / Richmond Metro Area / Wayne County / Richmond / Zip Codes
The housing in Richmond, IN is much more affordable than the US average, with median value of $126,700 compared to $338,100 for the US. It has also experienced a higher rate of appreciation over the last year with 13.04%, compared to 8.27% across the whole country. This makes Richmond an attractive place to live for those looking for a more affordable option while still enjoying strong appreciation potential.

The median home cost in Richmond is $126,700. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Richmond is up 15.1%.

Average Age of Homes
- The median age of Richmond real estate is 61 years old
The Rental Market in Richmond
- Renters make up 38.4% of the Richmond population
- 3.3% of houses and apartments in Richmond, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingRichmond, IndianaUnited States
  17,342.0139,647,020.0
  6442
  $126,700$338,100
  15.1%16.6%
  51.5%57.0%
  73.6%101.1%
  $9.03$10.98
  $782$2,690
  47.1%57.4%
  15.6%11.2%
  37.3%31.4%
  Vacant Housing
  3.3%1.9%
  0.4%0.4%
  0.7%0.7%
  0.4%0.4%
  0.3%3.6%
  10.6%4.1%
  Value of Owner-Occupied Housing
  5.9%2.6%
  7.5%2.4%
  11.2%2.8%
  19.9%3.9%
  16.1%4.5%
  20.9%11.3%
  10.0%13.0%
  4.7%20.1%
  1.9%13.6%
  0.1%8.3%
  1.6%9.7%
  0.0%3.9%
  0.2%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  4.4%13.6%
  4.4%13.6%
  5.6%13.6%
  6.6%13.2%
  12.8%14.8%
  5.6%13.6%
  14.5%10.0%
  10.2%4.7%
  29.4%12.2%
Reviews for Richmond
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MICHAEL · Richmond, IN
Has anything changes for the better yet in Richmon
Over 9 years ago

do you see any changes no and lot of people don't even vote in this poverty retirement town. most of the educated people have left Richmond and Indiana all together. Be  More

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ron · Richmond, IN
small city lots of crime
Over 11 years ago

Richmond is an attractive city for the most part, but for its population there is way to much crime. The police seem to worry more about petty issues like driving  More

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dan · Richmond, IN
whats wrong with richmond
Over 13 years ago

Richmond is a great city homes here are very reasonable to buy. We have great parks. And lots of things to do for a town our size. I was born here so were my parents and  More

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