Richmond, Indiana Housing Market Trends for June 2025

As we head into the heart of summer, the housing market across the Miami Valley is showing signs of steady momentum. Warmer weather often brings increased activity, and this May was no exception. 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 May across Dayton, Cincinnati, and Springfield!

The Richmond market continued its spring surge with both prices and sales volume on the rise. A total of 121 properties changed hands in May, down -18.24% from May. The average sale price dropped to $162,864, marking a -12.62.% decrease from the previous month. Homes also moved faster, averaging 68 days on the market, an decrease from May’s 80 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!