Richmond, Indiana Housing Market Trends for July 2025

Mid-summer is in full swing, and the Richmond housing market continues to build momentum. June brought a noticeable uptick in activity, fueled by seasonal demand and strong buyer interest. From price shifts to faster turnarounds, the latest data offers valuable insights for buyers, sellers, and those simply watching the trends.

Whether you’re preparing to make a move or keeping tabs on market conditions, staying up to date can help you make more confident real estate decisions. Here’s a breakdown of what happened in June across Richmond!

The Richmond market continued its spring surge with both prices and sales volume on the rise. A total of 127 properties changed hands in June, up 4.96% from May. The average sale price increased to $185,218, marking a 13.73.% increase from the previous month. Homes also moved faster, averaging 61 days on the market, a decrease from May’s 68 days—showing increased demand and buyer urgency.

As the market continues to shift, staying informed on these trends can help buyers and sellers make confident real estate decisions. If you’re planning a move or simply keeping an eye on the market, now is a great time to explore your options!