Home values, rents and more in Richmond, IN
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Richmond in ProMap- Under $200k
- $200k–$210k
- $210k–$230k
- $230k–$250k
- $250k+
- No data
How Richmond compares
The typical home in Richmond, IN is worth about $160,000, according to the Zillow Home Value Index for September 2026. Home values in Richmond are 8% below the typical value in the Richmond metro area ($174,000) and 56% below the U.S. typical value ($366,000).
Over the past year, home values in Richmond rose 6.7%, compared with +6.5% in the Richmond metro area and +1.2% nationally.
Typical rent is $894 a month (Zillow Observed Rent Index), about the same as the Richmond metro area ($901) and 54% below the U.S. ($1,932). Rents rose 4.7% over the past year.
The median household income is $45,399, against $55,692 in the Richmond metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 35,581 people live in Richmond (American Community Survey 2020–24).
Richmond has the 3rd-lowest typical home value of the 12 cities in the Richmond metro area and the 65th-lowest of 581 in Indiana with Zillow figures.
Part of: Wayne County, IN · Richmond metro area · Indiana
More for Richmond in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Richmond, IN
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.