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IN area data

New richmond, IN

New richmond, IN.

Population: 873 (Census ACS)

Home values & appreciation

Median home value
$234,197
1-year appreciation
+4.7%
3-year appreciation
+19.0%
5-year appreciation
+36.3%
10-year appreciation
+110.8%
All-time peak (2026-07)
$234,197
House Price Index
367.2 (+2.9% YoY)

Market activity

Median sale price
$137,250
Median days on market
32 days
Sale-to-list ratio
92.2%
1-year forecast
+3.2%

Rents

2-bedroom fair-market rent (HUD reference)
$1,016/mo
3BR fair-market rent
$1,304/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
coldWave, drought, strongWind, winterWeather
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in

Walkability & transit

Walkability index
4.8 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Timber House Airport (10 mi)
Nearest major airport
Purdue University Airport (LAF) (15 mi)
Hospitals nearby (~15 mi)
339
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
+17 tax filers

Housing stock

Median year housing built
1,938
Median annual property tax
$926
Mean commute to work
33 min
Households with broadband internet
83.2%

Employment & development

Total county employment
13,472
Average weekly wage
$1,095
Top industries (by employment)
Accommodation & Food, Construction, Administrative Services
Annual residential building permits (county)
10

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents