Richmond, IN
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Richmond market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Richmond, IN.
The Richmond, IN housing market is cooling, characterized by a pending ratio of 0.39 in the most recent month. This indicates a deceleration in transactional activity, with active listings remaining stable year-over-year at 177 units.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Richmond market right now.
The market is experiencing a cooling trend, with the pending ratio declining by 7.9% over the past year to 0.39. While new listings saw a modest year-over-year increase of 5.7%, active listings remained unchanged. The median listing price has increased by 9.5% year-over-year, yet a month-over-month decline of 5.3% suggests some pricing adjustments.
“Local pricing and inventory dynamics across Richmond shift block by block — happy to walk through what's actually closing.”
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The reduced pending ratio suggests a more deliberate pace in transactional volume, potentially easing inventory pressure for active buyers. The increase in median days on market to 63, a 17.3% rise year-over-year, indicates properties are taking longer to move from listing to contract, suggesting a shift requiring greater price discipline from sellers.
The average listing price at $253,443, when compared to the median listing price of $186,000, indicates a notable spread that could suggest softness in higher-priced segments. Despite this, the median $/sqft increased by 12.3% year-over-year, alongside a 13.1% year-over-year increase in average listing price, indicating varying dynamics within different price tiers.
177 active listings represent the current floor, with new supply arriving at roughly 74 per month.
of active listings carry a price reduction, +0.3% from prior period.
Median price per square foot has moved +12.3% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Richmond, IN? Homes here are taking 9 days longer to sell than last year.
Buyers have leverage in Richmond, IN. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 39%
- Median Days on Market
- 63 days
- Inventory YoY
- −0%
In a buyer's market, strategy beats timing. See how your home scores in Richmond, IN and what moves the number.
See my Sold Score & selling strategy →Talk to a listing expert who is actively selling in Richmond, IN.
Jenny Mateyoke →Keller Williams Realty
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