Richmond, IN

Metro area in Indiana · Updated Jan 2026

12-Month Forecast ↑ +3.7%

Median Home Value

$162,545

↑ +6.6%

Year-over-year

Median Rent

$854/mo

↑ +6.1%

Year-over-year

Rental Yield

6.3%

Excellent for investors

5-Year Appreciation

+46.9%

Active Listings

236

For-sale inventory

Price-to-Rent Ratio

15.9

Neutral market

Price Forecast

1 Month

↑ +0.8%

3 Months

↑ +1.7%

12 Months

↑ +3.7%

5-Year Price Trend

Calculate your mortgage for Richmond, IN

See monthly payments for a $162,545 home →

Should you rent or buy in Richmond, IN?

Price-to-rent ratio: 15.9x — It depends on your timeline. Run a full breakeven analysis with Richmond, IN numbers pre-filled →

Frequently Asked Questions