Why Live in Richmond
Richmond, Indiana, located on the eastern edge of Wayne County near the Ohio border, is a city with a population of over 35,000. Known for its historic districts and affordable housing, Richmond features six areas on the National Register of Historic Places, including its Historic Downtown. The city is home to four college campuses, including Earlham College, and offers a range of attractions such as the Wayne County Historical Museum and the Joseph Moore Museum, both showcasing ancient Egyptian mummies. Art enthusiasts can explore works from the Richmond Group at the Richmond Art Museum. Outdoor activities are abundant with the Cardinal Greenway, Indiana’s longest rail trail, and Glen Miller Park, which offers trails, a disc golf course, and the Richmond Rose Garden. Dining options in the Depot District include Cordial Cork and Firehouse BBQ and Blues, while shopping is available in the Downtown district and Richmond Mall. The city hosts several annual events, including the Winter Meltdown Ice Festival and Oktoberfest. Richmond is conveniently situated within an hour's drive of both Indianapolis and Dayton, Ohio, with the James M. Cox Dayton International Airport 42 miles away. The city experiences warm summers and cold winters, with occasional tornadoes. Richmond's housing market is notably affordable, with home styles ranging from modest ranches and bungalows to Italianate and Tudor Revival homes.
Home Trends in Richmond, IN
On average, homes in Richmond, IN sell after 46 days on the market compared to the national average of 70 days. The median sale price for homes in Richmond, IN over the last 12 months is $205,000, up 43% from the median home sale price over the previous 12 months.
Median Sale Price
$205,000
Median Single Family Sale Price
$205,000
Average Price Per Sq Ft
$145
Number of Homes for Sale
7
Last 12 months Home Sales
36
Median List Price
$225,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
43%
