Real Estate Investing in New Richmond, Indiana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 853 • Montgomery County

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Should you buy in New Richmond, IN? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (81/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in New Richmond, IN?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.3% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $234,197
Avg Monthly Rent $972
ZIP Codes 1

Investing in New Richmond Real Estate

New Richmond (Indiana) spans 1 ZIPs and roughly a sizable population. firmly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

The investment case for New Richmond is difficult to make on screen data alone. a challenging fit for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

clearly New Richmond's sale market has not rewarded patience. less favorable for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

New Richmond's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Crawfordsville, IN

New Richmond is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in New Richmond, IN. Anonymous, moderated, never written by AI.

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Avg Home Value
$234,197
Avg Monthly Rent
$972
1% Rule
✗ Below
Landlord Friendly (IN)

📉 Market Crash Risk Index

Based on Crawfordsville, IN metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
52%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Crawfordsville, IN metro
0
Days to pending
10.6%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in New Richmond, IN

Screen every ZIP in New Richmond

Filter New Richmond’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About New Richmond, IN

What price range are homes in New Richmond, IN?

The median home value in New Richmond, IN is roughly $234K. That puts it reasonable relative to the IN statewide average.

What kind of tenants rent in New Richmond, IN?

New Richmond, IN offers a reliable renter base at the $972/mo rent level. Tenant turnover is reasonable for well-managed properties.

Are landlord laws favorable in New Richmond, IN?

New Richmond, IN operates under IN law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.

What is the typical vacancy rate in New Richmond, IN?

New Richmond, IN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What is the average monthly rent in New Richmond, IN?

Expect rents around $972/mo per month in New Richmond, IN. With home values at $234K, the yield math works out to reasonable levels for rental investors.

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