Vaile, Richmond, IN
Vaile — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Vaile, Richmond, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Vaile Neighborhood Overview
Vaile is a residential neighborhood located in Richmond, Indiana, within the 47374 ZIP code. It offers residents a quiet, community-focused atmosphere within the city. The area provides a balance of suburban living with convenient access to Richmond's broader amenities.
Lifestyle & Amenities
Residents of Vaile enjoy a lifestyle centered around local parks and neighborhood connections. The area is primarily residential, with shopping, dining, and services available a short drive away in other parts of Richmond. This setup provides a peaceful home base with city conveniences within easy reach.
Real Estate Market
The Vaile real estate market is characterized by affordability, with a median home value of $116,100 and a price per square foot around $40.58. Homes sell at a measured pace, averaging 97 days on the market, and the neighborhood has a homeownership rate of 63%. Rental options are also available, with a median rent of $795 per month.
Schools & Education
Families in Vaile are served by the Richmond Community Schools district. The specific schools serving the neighborhood are determined by district zoning. Parents should consult the district for current school assignments and performance information.
Transportation & Connectivity
Vaile is well-connected by Richmond's network of local roads, making commutes and errands straightforward. The neighborhood's location provides good access to major routes for travel throughout Wayne County and beyond. Most residents rely on personal vehicles for daily transportation.
Why Choose Vaile
Vaile is an excellent choice for homebuyers and renters seeking an affordable, stable community in Richmond. With a median household income of $50,880, the neighborhood offers a cost-effective lifestyle without sacrificing access to the city. Its quiet streets and strong sense of community make it a practical and welcoming place to call home.
Vaile 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 Vaile, Richmond
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Vaile, 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