Richmond, IN Metro Area - Investment Guide
Metro Area • 8 Cities • 8 ZIP Codes
Avg Home Value
$222,275
Avg Monthly Rent
$924
Avg Cap Rate
3.28%
Avg Investability
3.0 ★
Cities
8
ZIP Codes
8
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Richmond, IN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
8.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Richmond, IN
Every ZIP in the metro, ranked four ways. Free.
Cities in Richmond, IN
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 47330 | Centerville | IN | $220,447 | $918 | 3.25% | |
| 47357 | Milton | IN | $203,178 | $864 | 3.32% | |
| 47339 | Economy | IN | $238,338 | $945 | 3.09% | |
| 47374 | Richmond | IN | $152,432 | $826 | 4.23% | |
| 47393 | Williamsburg | IN | $244,315 | $1,206 | 3.85% | |
| 47341 | Fountain City | IN | $230,899 | $864 | 2.92% | |
| 47345 | Greens Fork | IN | $252,903 | $873 | 2.69% | |
| 47330 | Centerville | IN | $203,569 | $918 | 3.52% | |
| 47346 | Hagerstown | IN | $215,282 | $864 | 3.13% | |
| 47339 | Economy | IN | $219,046 | $945 | 3.37% | |
| 47357 | Milton | IN | $217,471 | $864 | 3.10% | |
| 47374 | Richmond | IN | $163,543 | $870 | 4.15% | |
| 47341 | Fountain City | IN | $213,864 | $864 | 3.15% | |
| 47393 | Williamsburg | IN | $259,696 | $1,206 | 3.62% | |
| 47345 | Greens Fork | IN | $236,329 | $873 | 2.88% | |
| 47346 | Hagerstown | IN | $202,505 | $864 | 3.33% | |
| 47330 | Centerville | IN | $214,848 | $918 | 3.33% | |
| 47357 | Milton | IN | $202,437 | $864 | 3.33% | |
| 47339 | Economy | IN | $231,002 | $945 | 3.19% | |
| 47374 | Richmond | IN | $151,260 | $812 | 4.19% | |
| 47393 | Williamsburg | IN | $239,161 | $1,206 | 3.93% | |
| 47341 | Fountain City | IN | $226,719 | $864 | 2.97% | |
| 47345 | Greens Fork | IN | $247,168 | $873 | 2.75% | |
| 47330 | Centerville | IN | $203,569 | $918 | 3.52% | |
| 47346 | Hagerstown | IN | $211,503 | $864 | 3.19% | |
| 47339 | Economy | IN | $219,046 | $945 | 3.37% | |
| 47357 | Milton | IN | $213,067 | $864 | 3.16% | |
| 47341 | Fountain City | IN | $213,864 | $864 | 3.15% | |
| 47374 | Richmond | IN | $160,471 | $878 | 4.27% | |
| 47393 | Williamsburg | IN | $253,723 | $1,206 | 3.71% | |
| 47345 | Greens Fork | IN | $236,329 | $873 | 2.88% | |
| 47346 | Hagerstown | IN | $202,505 | $864 | 3.33% | |
| 47330 | Centerville | IN | $213,959 | $918 | 3.35% | |
| 47357 | Milton | IN | $202,437 | $864 | 3.33% | |
| 47339 | Economy | IN | $228,931 | $945 | 3.22% | |
| 47374 | Richmond | IN | $151,260 | $812 | 4.19% | |
| 47393 | Williamsburg | IN | $239,161 | $1,206 | 3.93% | |
| 47341 | Fountain City | IN | $224,438 | $864 | 3.00% | |
| 47345 | Greens Fork | IN | $243,823 | $873 | 2.79% | |
| 47346 | Hagerstown | IN | $208,600 | $864 | 3.23% | |
| 47330 | Centerville | IN | $218,627 | $918 | 3.28% | |
| 47357 | Milton | IN | $211,298 | $864 | 3.19% | |
| 47339 | Economy | IN | $234,652 | $945 | 3.14% | |
| 47374 | Richmond | IN | $158,988 | $874 | 4.29% | |
| 47393 | Williamsburg | IN | $252,518 | $1,206 | 3.73% | |
| 47341 | Fountain City | IN | $229,065 | $864 | 2.94% | |
| 47345 | Greens Fork | IN | $250,380 | $873 | 2.72% | |
| 47330 | Centerville | IN | $205,639 | $918 | 3.48% | |
| 47346 | Hagerstown | IN | $213,434 | $864 | 3.16% | |
| 47339 | Economy | IN | $219,584 | $945 | 3.36% |
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About Richmond, IN Real Estate Market
The Richmond, IN metropolitan statistical area (MSA) encompasses 8 cities and 8 ZIP codes. The average home value across the metro is $222,275, with an average monthly rent of $924. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.