House Prices

House Prices & Home Values Richland, IN 2026


Average Data

average house price$191,187
average size per house2031 ft²
average price per ft²95 $ / ft²

04/16/2026 - The value range (VR) for house prices in Richland, IN is $91/ sqft to $91/ sqft. An average home with 2031 sqft costs approximately $184,821 to $184,821. Richland, IN includes 1 ZIP codes and it is located in Spencer county. The lowest prices are found in ZIP 47634, while the highest are in ZIP 47634. The average price per sqare feet is $95. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Richland

4763490 $ / ft²




Historical development of home values in Richland

Year Estimated value (USD) Change vs. 2025
2010 $88,791 -53.6%
2011 $85,357 -55.4%
2012 $85,127 -55.5%
2013 $88,309 -53.8%
2014 $92,700 -51.5%
2015 $97,458 -49.0%
2016 $102,544 -46.4%
2017 $108,079 -43.5%
2018 $114,054 -40.3%
2019 $119,342 -37.6%
2020 $125,512 -34.4%
2021 $142,756 -25.3%
2022 $166,422 -13.0%
2023 $175,499 -8.2%
2024 $185,652 -2.9%
2025 $191,187 0.0%

Graph: estimated home values in Richland over time (USD)



Example: 100% financing house in Richland

Loan amount: $191,187

Interest rate: 6.00%

Fixed monthly payment: $1,146.26

Breakdown in the 1st month:
Interest portion: $955.94  –  Principal portion: $190.33

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,407.35 $2,347.80 $188,839.20
2 $11,262.55 $2,492.61 $186,346.60
3 $11,108.81 $2,646.34 $183,700.25
4 $10,945.59 $2,809.57 $180,890.69
5 $10,772.30 $2,982.85 $177,907.83
6 $10,588.32 $3,166.83 $174,741.00
7 $10,393.00 $3,362.15 $171,378.85
8 $10,185.63 $3,569.52 $167,809.33
9 $9,965.47 $3,789.68 $164,019.65
10 $9,731.73 $4,023.42 $159,996.23
11 $9,483.57 $4,271.58 $155,724.65
12 $9,220.11 $4,535.04 $151,189.61
13 $8,940.40 $4,814.75 $146,374.86
14 $8,643.44 $5,111.71 $141,263.15
15 $8,328.16 $5,426.99 $135,836.15
16 $7,993.43 $5,761.72 $130,074.44
17 $7,638.06 $6,117.09 $123,957.35
18 $7,260.78 $6,494.38 $117,462.97
19 $6,860.22 $6,894.94 $110,568.04
20 $6,434.95 $7,320.20 $103,247.84
21 $5,983.46 $7,771.69 $95,476.14
22 $5,504.12 $8,251.04 $87,225.11
23 $4,995.21 $8,759.94 $78,465.17
24 $4,454.92 $9,300.23 $69,164.93
25 $3,881.30 $9,873.85 $59,291.08
26 $3,272.30 $10,482.85 $48,808.23
27 $2,625.74 $11,129.41 $37,678.82
28 $1,939.30 $11,815.85 $25,862.97
29 $1,210.53 $12,544.62 $13,318.35
30 $436.80 $13,318.35 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Richland, IN


1500 sqft3900 sqft
Ø selling price$172,425$366,796
Ø fast selling$156,750$330,116
Ø high price sale$188,101$403,475

In 2026, houses in Richland, IN will be offered at an average price of $95 per square foot. A 1,500 sqft home priced at $172,425 is 22.75% more expensive per square foot than a 3,900 sqft home priced at $366,796. Home prices in Richland, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $253,936. Sellers who can wait longer may achieve a higher price of up to $310,365.


Richland, IN Overview

Richland, IN is a small, welcoming community in Spencer County near the Ohio River.

Known locally as Richland City, it offers a quiet rural lifestyle with convenient access to nearby towns like Rockport and Santa Claus.

Location & Access

Situated along Indiana State Road 161 and close to U.S. 231, the town provides straightforward routes for commuting, shopping, and regional travel.

Living

Residents appreciate affordable housing, a slower pace, and room to spread out, making Richland, IN real estate attractive to families and retirees.

Schools & Services

Local students are served by area schools in Spencer County, and everyday needs are met by small businesses, churches, and community organizations.

Recreation & Attractions

Popular things to do in Richland, IN include enjoying nearby parks and fishing spots, plus quick trips to attractions such as Lincoln Boyhood National Memorial and Holiday World & Splashin' Safari.

Economy

The local economy blends agriculture, trades, and regional employers, with jobs in Richland, IN often tied to manufacturing, logistics, and services.

Weather

Weather is typically Midwestern, featuring warm summers, cool winters, and colorful fall foliage ideal for scenic drives.

Practical Info

Essential details like the Richland, IN ZIP code 47634
and proximity to larger shopping hubs help residents balance small-town comfort with convenience.

Community

Friendly neighbors, seasonal events, and volunteer spirit define the community culture, making Richland a down-to-earth place to call home.



FAQ – Home Values in Richland

What is the median home value in Richland in 2026?

In 2026, the typical home value in Richland is about $191,187 for an average home size of 2031 square feet. This corresponds to an average price of roughly $95 per square foot.

What is the average cost per square foot in Richland?

In 2026, homes in Richland sell for an average of around $95 per square foot, with a typical range between $91 and $91 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Richland is about 2031 square feet, with an estimated 2026 value around $191,187.



Locations close to Richland, IN

Rockport, IN81 $ / ft²
Tennyson, IN93 $ / ft²
Wadesville, IN117 $ / ft²
Poseyville, IN68 $ / ft²
New Harmony, IN139 $ / ft²
Newburgh, IN136 $ / ft²




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