Is Richmond, IN 47374 a buyer’s or seller’s market?
Richmond is a seller’s market. With about 3 months of supply and 12% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3Under 4 months = seller’s market
Sold above original list11.8%Share of sales, last 3 months
Median sale-to-list95.8%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$124▲ +11.8% vs. last year
Run the numbers for 47374
Nearby markets
Cambridge City 47327Seller’s market $84 /sq ftCenterville 47330Seller’s market $141 /sq ftDublin 47335 $71 /sq ftEconomy 47339 — /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology