Richmond, Indiana Market Trends for December 2025

As the year winds down, Richmond’s housing market continues to move at its own pace. While activity softened in some areas, pricing remained relatively steady, giving both buyers and sellers a clearer picture of where things stand as we head toward the new year.

Whether you’re thinking about making a move soon or simply staying informed, here’s a closer look at how the Richmond market performed in November.

Richmond saw a mixed month in November, with pricing holding fairly steady while sales activity eased. The average home value came in at $181,916, a small 0.48% decrease from October. A total of 113 closings were reported, down 14% from the previous month’s 132 transactions—reflecting a typical seasonal slowdown.

Homes spent an average of 76 days on the market, which is 10 days fewer than in October. This quicker pace suggests that while fewer homes changed hands, motivated buyers were still active and ready to make decisions when the right property came along.

As winter approaches and the market shifts with the season, keeping up with local trends can help you plan your next steps with confidence. Whether you’re considering selling, looking for the right home, or preparing for the spring market, the latest data offers valuable insight into what’s happening across Richmond.