Olde Richmond, Richmond, IN
Olde Richmond — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Olde Richmond, Richmond, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Olde Richmond Neighborhood Overview
Olde Richmond is a residential neighborhood in Richmond, Indiana, offering a classic Midwestern living experience. Centered around ZIP code 47374, it provides a quiet, community-focused atmosphere within the city. The area is characterized by its established homes and tree-lined streets.
Lifestyle & Amenities
Residents enjoy a lifestyle centered on local parks, neighborhood businesses, and community events. The area provides convenient access to everyday shopping and dining needs within Richmond. Its location supports a balanced pace of life close to essential services.
Real Estate Market
The Olde Richmond real estate market features affordable homeownership, with a median home value of $116,100 and a price per square foot of $51.92. The median monthly rent is $795, and homes typically spend an average of 141 days on the market. A homeownership rate of 63% indicates a stable mix of owners and renters in the community.
Schools & Education
Families in Olde Richmond are served by the Richmond Community Schools district. The neighborhood is proximate to several public schools offering K-12 education. Higher education opportunities are available nearby at institutions like Indiana University East.
Transportation & Connectivity
Olde Richmond is well-connected by Richmond's local road network, providing easy access to downtown and major retail corridors. While primarily car-dependent, the neighborhood's layout and location facilitate straightforward commutes. Major state routes and Interstate 70 are accessible for regional travel.
Why Choose Olde Richmond
Olde Richmond appeals to those seeking an affordable, established neighborhood with a strong sense of community. The combination of a median household income of $50,880 and below-average home prices presents a high value proposition. It is an ideal choice for first-time homebuyers, families, and anyone looking for a quiet residential setting in Richmond.
Olde Richmond Market Data
| Metric | Value |
|---|---|
| Median Home Price | $116K |
| Median Gross Rent | $795/mo |
| Median Household Income | $51K |
| Homeownership Rate | 62.9% |
| Renter-Occupied | 37.0% |
| Rental Vacancy Rate | 5.7% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP Code | 47374 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Olde Richmond, Richmond
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Olde Richmond, Richmond, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12