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Today: September 22, 2025

Current Price

$141,312

1 Month Forecast

$154,375

1-Year Forecast *

$163,095

5-Year Forecast *

$196,332

"Is it a good time to buy homes in Richmond?" "Does investing in real estate in Richmond (Indiana State, Wayne County) worth it?" According to our live Forecast System, buying a house in Richmond is a good short-term (1-year) investment*. The 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 "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 Richmond in Indiana State, Wayne County. If you are looking for homes for sale with good flipping profit, Richmond can be a profitable property investment option. The median price of an average house in Richmond was 141,312 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Richmond" area is 196,332 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +38.94% meaning that investing 100000 USD today may yield a profit of 38,935 USD by 2030.

Current Median Listing Price: 141,312 USD Median Listing Price Per Square Foot: 79 USD

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.

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.

Richmond Price Target

Richmond median home price target in 12 months: $163,095* (upside of 15.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $147,763 $153,583 $147,763 $153,583
2024 $130,593 $141,312 $130,593 $141,312
2023 $126,702 $130,745 $126,702 $130,973
2022 $117,711 $126,577 $117,711 $126,577
2021 $103,121 $115,927 $103,121 $115,927
2020 $93,187 $101,949 $93,187 $101,949
2019 $88,918 $92,564 $88,918 $92,564
2018 $85,602 $88,268 $85,602 $88,268
2017 $81,866 $85,328 $81,796 $85,328
2016 $77,106 $81,536 $76,654 $81,536
2015 $76,901 $77,527 $75,892 $77,789
2014 $79,798 $77,455 $77,455 $79,798
2013 $80,988 $80,049 $80,049 $81,208
2012 $82,175 $80,829 $80,807 $82,175

Questions & Answers about the Richmond Housing Market Forecast

How much does an average home cost in Richmond today?

The value of an average home (the listing price) in Richmond is $141,312 USD.

What is the average price per square foot in Richmond?

According to Walletinvestor the median price per square foot in Richmond is 79 USD.

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

Yes. The Richmond home prices may rise from 141,312 USD to 163,095 USD in one year.

Is it profitable to invest in Richmond homes?

Yes. The long-term profit potential is +15.42% in one year.

Will Richmond house prices fall / drop?

No. See above.

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

The predicted home sales price of a Richmond home in 2030 in Richmond is 196,332 USD.

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

The predicted home sales price of a Richmond home in 2035 in Richmond is 250,980 USD.

Will real estate prices decrease in Richmond?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Richmond is the 1318. largest city in the United States, located in Indiana State.

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

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

Median home values increased by 2.050% to 141,312 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 14.745% in 2020
  • 15.305% in 2021
  • 15.465% in 2022
  • 13.445% in 2023
  • 16.075% in 2024
  • 16.455% in 2025

Based on our Richmond real estate market research and report the predicted sales prices will increase by 319.404% in the next 10 years.

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

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
Richmond Housing Market Forecast with Real Estate Prices for 2025
August 2025 154375 141562 167188
September 2025 155171 146947 163395
October 2025 155971 145833 166109
November 2025 156775 142979 170571
December 2025 157583 142770 172396
Richmond Housing Market Forecast with Real Estate Prices for 2026
January 2026 158396 146199 170592
February 2026 159212 150615 167810
March 2026 160033 150751 169315
April 2026 160858 150402 171314
May 2026 161687 149238 174137
June 2026 162521 147732 177310
July 2026 163095 147275 178916
August 2026 163936 147707 180166
September 2026 164782 148468 181095
October 2026 165631 154699 176563
November 2026 166485 153499 179471
December 2026 167343 152617 182070
Richmond Housing Market Forecast with Real Estate Prices for 2027
January 2027 168206 156264 180149
February 2027 169073 159943 178203
March 2027 169945 153121 186770
April 2027 170726 158946 182506
May 2027 171366 157999 184732
June 2027 171692 157270 186115
July 2027 172117 154906 189329
August 2027 172977 162252 183701
September 2027 173869 164306 183431
October 2027 174350 159704 188995
November 2027 174522 161432 187611
December 2027 174927 162857 186997
Richmond Housing Market Forecast with Real Estate Prices for 2028
January 2028 175345 162896 187795
February 2028 175670 164779 186562
March 2028 176126 159042 193210
April 2028 177034 167828 186240
May 2028 177947 167982 187912
June 2028 178349 162654 194043
July 2028 178992 164136 193849
August 2028 179638 168321 190955
September 2028 180040 168338 191743
October 2028 179727 170560 188893
November 2028 179517 161745 197290
December 2028 180443 166368 194518
Richmond Housing Market Forecast with Real Estate Prices for 2029
January 2029 181373 171035 191712
February 2029 182308 165718 198898
March 2029 183248 173719 192777
April 2029 184142 171437 196848
May 2029 184456 171359 197552
June 2029 184769 167401 202138
July 2029 185277 169529 201026
August 2029 186127 172726 199528
September 2029 187087 176797 197377
October 2029 188052 178085 198018
November 2029 189021 170308 207734
December 2029 189996 171756 208235
Richmond Housing Market Forecast with Real Estate Prices for 2030
January 2030 190975 179708 202243
February 2030 191960 173916 210004
March 2030 192949 173847 212051
April 2030 193565 177112 210018
May 2030 194323 183052 205594
June 2030 195325 184973 205677
July 2030 196332 182785 209879
August 2030 197344 182346 212342
September 2030 198361 183484 213239
October 2030 199384 188617 210151
November 2030 200412 189790 211034
December 2030 201445 186941 215949
Richmond Housing Market Forecast with Real Estate Prices for 2031
January 2031 202484 185070 219898
February 2031 203528 191927 215129
March 2031 204577 192303 216852
April 2031 205632 193294 217970
May 2031 206359 195834 216883
June 2031 207423 189170 225676
July 2031 208492 188268 228716
August 2031 209567 195945 223189
September 2031 210648 198219 223076
October 2031 211734 192042 231425
November 2031 212825 195161 230490
December 2031 213922 201515 226330
Richmond Housing Market Forecast with Real Estate Prices for 2032
January 2032 215025 197178 232872
February 2032 216014 204781 227246
March 2032 216823 200344 233302
April 2032 217236 205071 229402
May 2032 217774 200352 235196
June 2032 218861 203541 234182
July 2032 219990 202830 237149
August 2032 220598 204053 237143
September 2032 220816 208450 233182
October 2032 221329 205394 237265
November 2032 221858 204109 239607
December 2032 222269 208933 235606
Richmond Housing Market Forecast with Real Estate Prices for 2033
January 2033 222846 211258 234434
February 2033 223995 212795 235195
March 2033 225150 210290 240010
April 2033 225658 209862 241454
May 2033 226472 205411 247534
June 2033 227290 213652 240927
July 2033 227799 208891 246706

> 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.