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Today: September 23, 2025

Current Price

$229,663

1 Month Forecast

$243,250

1-Year Forecast *

$257,850

5-Year Forecast *

$302,309

"Is it a good time to buy homes in New Richmond?" "Does investing in real estate in New Richmond (Indiana State, Montgomery County) worth it?" According to our live Forecast System, buying a house in New Richmond is a good short-term (1-year) investment*. The New Richmond average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "New Richmond" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in New Richmond in Indiana State, Montgomery County. If you are looking for homes for sale with good flipping profit, New Richmond can be a profitable property investment option. The median price of an average house in New Richmond was 229,663 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "New Richmond" area is 302,309 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +31.63% meaning that investing 100000 USD today may yield a profit of 31,632 USD by 2030.

Current Median Listing Price: 229,663 USD Median Listing Price Per Square Foot: 128 USD

New Richmond Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

New Richmond (Indiana State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

New Richmond Price Target

New Richmond median home price target in 12 months: $257,850* (upside of 12.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $236,702 $241,964 $236,702 $241,964
2024 $212,279 $229,663 $212,279 $229,663
2023 $199,874 $211,974 $198,201 $212,029
2022 $191,817 $201,379 $191,817 $206,870
2021 $166,093 $190,090 $166,093 $190,090
2020 $148,099 $163,759 $148,099 $163,759
2019 $136,865 $147,830 $136,865 $147,830
2018 $129,669 $136,551 $129,669 $136,551
2017 $122,158 $128,531 $122,158 $128,531
2016 $116,063 $121,273 $116,063 $121,273
2015 $110,853 $115,453 $110,853 $115,453
2014 $100,348 $109,969 $100,348 $109,969
2013 $98,210 $100,529 $97,254 $100,973
2012 $97,576 $98,025 $96,346 $98,025

Questions & Answers about the New Richmond Housing Market Forecast

How much does an average home cost in New Richmond today?

The value of an average home (the listing price) in New Richmond is $229,663 USD.

What is the average price per square foot in New Richmond?

According to Walletinvestor the median price per square foot in New Richmond is 128 USD.

Will the median listing price of homes in New Richmond grow / rise / go up?

Yes. The New Richmond home prices may rise from 229,663 USD to 257,850 USD in one year.

Is it profitable to invest in New Richmond homes?

Yes. The long-term profit potential is +12.27% in one year.

Will New Richmond house prices fall / drop?

No. See above.

What is the predicted price of a New Richmond home in 2030?

The predicted home sales price of a New Richmond home in 2030 in New Richmond is 302,309 USD.

What is the predicted price of a New Richmond home in 2035?

The predicted home sales price of a New Richmond home in 2035 in New Richmond is 377,704 USD.

Will real estate prices decrease in New Richmond?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

New Richmond is the 19296. largest city in the United States, located in Indiana State.

During the last 12 months the real estate prices in Montgomery, New Richmond increased, looking at the past 12 months.

According to Walletinvestor's New Richmond real estate market research, home values will increase in the next 12 months.

Median home values increased by 2.784% to 229,663 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 10.413% in 2020
  • 10.553% in 2021
  • 11.683% in 2022
  • 13.413% in 2023
  • 10.843% in 2024
  • 13.783% in 2025

Based on our New Richmond real estate market research and report the predicted sales prices will increase by 218.243% in the next 10 years.

Over the last 12 months, the value of homes in New Richmond fluctuated: increasing 10 times .

New Richmond (Indiana) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
New Richmond Housing Market Forecast with Real Estate Prices for 2025
August 2025 243250 225492 261007
September 2025 244542 224490 264595
October 2025 245841 227649 264034
November 2025 247147 229106 265189
December 2025 248461 232808 264114
New Richmond Housing Market Forecast with Real Estate Prices for 2026
January 2026 249781 232546 267016
February 2026 251108 235539 266676
March 2026 252442 233256 271627
April 2026 253783 229166 278400
May 2026 255131 240334 269929
June 2026 256487 240072 272902
July 2026 257850 238253 277446
August 2026 259220 237186 281253
September 2026 260597 237925 283269
October 2026 261981 246001 277962
November 2026 263373 246517 280229
December 2026 264773 240149 289396
New Richmond Housing Market Forecast with Real Estate Prices for 2027
January 2027 266179 247281 285078
February 2027 267594 251805 283382
March 2027 269015 251529 286501
April 2027 270445 248538 292351
May 2027 271701 256486 286916
June 2027 271137 251344 290930
July 2027 270519 248607 292431
August 2027 269902 254788 285017
September 2027 269287 253130 285444
October 2027 268673 242343 295003
November 2027 268060 249564 286557
December 2027 267449 249798 285101
New Richmond Housing Market Forecast with Real Estate Prices for 2028
January 2028 267013 251259 282767
February 2028 268431 250446 286416
March 2028 269858 246650 293065
April 2028 271291 246333 296250
May 2028 272733 245459 300006
June 2028 274182 256360 292004
July 2028 275638 251934 299343
August 2028 276902 261118 292685
September 2028 276873 257769 295977
October 2028 276830 254407 299253
November 2028 277228 260317 294139
December 2028 278663 260271 297055
New Richmond Housing Market Forecast with Real Estate Prices for 2029
January 2029 280144 259133 301154
February 2029 281632 255159 308106
March 2029 283128 265008 301249
April 2029 283793 256832 310753
May 2029 284506 265444 303568
June 2029 286018 265996 306039
July 2029 287537 272298 302777
August 2029 289065 263916 314214
September 2029 290601 268224 312977
October 2029 292145 268773 315516
November 2029 293697 268439 318955
December 2029 295257 272818 317697
New Richmond Housing Market Forecast with Real Estate Prices for 2030
January 2030 296762 278066 315458
February 2030 297368 274174 320563
March 2030 298027 279251 316802
April 2030 298562 276169 320954
May 2030 299122 279679 318565
June 2030 300712 274850 326573
July 2030 302309 282357 322262
August 2030 303916 282034 325797
September 2030 305530 275894 335167
October 2030 307153 290260 324047
November 2030 308785 291185 326386
December 2030 310426 286834 334018
New Richmond Housing Market Forecast with Real Estate Prices for 2031
January 2031 312075 293975 330176
February 2031 313733 295537 331930
March 2031 315400 299315 331486
April 2031 317076 299954 334198
May 2031 318760 300272 337249
June 2031 320454 290652 350256
July 2031 322157 290585 353728
August 2031 323868 299578 348158
September 2031 325589 301821 349357
October 2031 327319 300151 354486
November 2031 329058 304379 353737
December 2031 330806 313273 348339
New Richmond Housing Market Forecast with Real Estate Prices for 2032
January 2032 332564 315270 349857
February 2032 334331 308921 359740
March 2032 335884 310357 361411
April 2032 335187 316081 354292
May 2032 334423 312685 356160
June 2032 333660 315309 352011
July 2032 332899 301274 364525
August 2032 332140 301251 363030
September 2032 331383 300565 362202
October 2032 330628 297896 363360
November 2032 330088 308302 351874
December 2032 331842 302972 360712
New Richmond Housing Market Forecast with Real Estate Prices for 2033
January 2033 333605 301245 365965
February 2033 335377 314249 356506
March 2033 337159 313558 360760
April 2033 338951 308784 369117
May 2033 340751 323032 358471
June 2033 342313 312190 372437
July 2033 342278 316265 368291

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.