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New Richmond, IN
Full City Profile · Indiana · Montgomery County County
3.0
/5.0
B
Good
441
Population
2,321/sq mi density
$80,104
Median Income
$24,326 per capita
$81,500
Home Value
$239,011 Zillow
$1,063
Median Rent
15.0% income on rent
52°F
Avg Temperature
275 sunny days/yr
1,261
Violent Crime/100K
2,834 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$80,104 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$81,500 home value, $1,063/mo rent
F
Safety
1.0 / 5.0
1,261 violent crimes/100K (232% above avg)
D
Education
1.9 / 5.0
10.8% bachelor's degree or higher
Housing Overview
Median Home Value
$81,500
71% below
US avg: $281,900
Median Rent
$1,063/mo
9% below
US avg: $1,163/mo
Homeownership Rate
92.0%
41% above US avg (65.4%)
Total Housing Units
167
Median year built: 1938
Home Value by Source
Census Median
$81,500
Zillow (ZHVI)
$239,011
Median Sale Price
$244,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
92.0%
Owner-Occupied
8.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$1,063/mo
Market Indicators (Redfin)
Median Days on Market
52 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$94
Affordability & Housing Stock
Rent Burden
15.0%
of renters spending 30%+ of income on housing
52% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
92.0%
Complete Housing Data
Home Values
| Census Median Value | $81,500 |
| Zillow Home Value (ZHVI) | $239,011 |
| Median Sale Price | $244,500 |
| Price Per Sq Ft | $94 |
Rent
| Census Median Rent | $1,063 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 52 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Price Per Sq Ft | $94 |
Ownership & Stock
| Owner-Occupied | 92.0% |
| Renter-Occupied | 8.0% |
| Homeownership Rate | 92.0% |
| Total Housing Units | 167 |
| Median Year Built | 1938 |
| Rent Burden | 15.0% |