New - 1 day on Rocket
$891 Closing Credit¹
#202504035, Chris Blake, Listing Office: Key Associates Signature Realty
Richland Township Housing Market Report January 2025•Rush County, Indiana
Housing Prices in Richland Township, IN
How much do homes in Richland Township, IN cost?
Housing Market Conditions
Is Richland Township, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Richland Township is a Seller's Market
Difference Since December 2024
Last month, Richland Township was a Buyer's Market.
Insight
Richland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$267,500$143/SqFt
+$107,600
+67.3%
Based on all homes sold in January 2025
Insight
Homes in Richland Township have sold for 67.3% more than they did a month ago.
Summary: The median home sold price in Richland Township was $267,500 in January 2025, up 67.3% from last month, and the median price per square foot was $143.
Median Sold Price By City
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Richland Township | $159.9K | $267.5K | +67.3% |
| Fugit Township | $266.9K | $418.5K | +56.8% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $159.9K | $250K | +56.3% |
| 33 Bedrooms | - | $285K | N/A |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Richland Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +56.3%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Richland Township, IN
How many homes are available in Richland Township, IN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthJan 2025 | ||
| 82 months agoDec 2024 | -12.5 % Change MoMDec – Jan |
Summary: The Richland Township real estate market had 7 homes for sale in Jan 2025, a 12.5 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthJan 2025 | ||
| 12 months agoDec 2024 | +100.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 3 | 2 | -33.3% |
| 33 Bedrooms | 4 | 4 | 0.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Richland Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Richland Township, IN cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in Richland Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Richland Township in January 2025, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for Richland Township, IN
How long does it take to sell a home in Richland Township, IN?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Richland Township are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 2 homes were sold in Richland Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 4 DaysLast MonthJan 2025 | ||
| 0 Days1 month agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: Homes in Richland Township had an average listing age of 4 days in Jan 2025, down by .0% compared to the previous month.
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Newest Listings in Richland Township, IN
What homes are available in Richland Township, IN?
Video tour
$2,968 Closing Credit¹
#202429538, Rebecca Demastus, Listing Office: ERA FIRST ADVANTAGE REALTY, INC
Video tour
$3,503 Closing Credit¹
#202428139, Chris Blake, Listing Office: Key Associates Signature Realty
Backup offersVideo tour
$2,613 Closing Credit¹
#202416030, Diana Feuerbach, Listing Office: Key Associates of Rockport IN
Nearby markets
Nearby markets aren't available for Richland Township, IN
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 12/01/2024 - 02/01/2025
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/9/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.