Zip 47967 (New Richmond, IN) Housing

New Richmond, IN is a suburban neighborhood in 47967 with a median housing value of $175,800. This is significantly lower than the US House median value of $338,100. Although the one year appreciation rate for US houses is 8.27%, New Richmond has experienced an impressive 10.75% appreciation rate for its homes over the same time period. This demonstrates that the housing market in New Richmond is strong and growing steadily.

The median home cost in New Richmond (zip 47967) is $175,800. Home appreciation the last 10 years has been 84.4%. Home Appreciation in New Richmond (zip 47967) is up 14.6%.

Average Age of Homes

- The median age of New Richmond (zip 47967) real estate is 78 years old

The Rental Market in New Richmond (zip 47967)

- Renters make up 19.6% of the New Richmond (zip 47967) population
- 1.3% of houses and apartments in New Richmond (zip 47967), 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

Housing	New Richmond, Indiana	United States
	314.0	139,647,020.0
	53	42
	$175,800	$338,100
	14.6%	16.6%
	58.9%	57.0%
	84.4%	101.1%
	$5.48	$10.98
	$588	$2,690
	85.4%	57.4%
	4.1%	11.2%
	10.5%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	1.5%	2.4%
	25.7%	2.8%
	13.4%	3.9%
	19.0%	4.5%
	12.3%	11.3%
	12.3%	13.0%
	13.8%	20.1%
	1.9%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.6%	13.6%
	1.6%	13.6%
	6.4%	13.6%
	11.5%	13.2%
	7.0%	14.8%
	6.4%	13.6%
	5.1%	10.0%
	1.0%	4.7%
	64.0%	12.2%

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