What is the median home value in Richland Township (Monroe County), IN?
The median value of owner-occupied homes in Richland Township (Monroe County), IN is $262,800 (±$12,888), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Richland Township (Monroe County), the median home value went from $155,500 in 2015–2019 to $262,800 in 2020–2024 (+69.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $262,800 (±$12,888)
- Owner-occupied homes
- 5,204 (±359)
- Most common range
- $200,000 to $299,999
Home values in Richland Township (Monroe County)
| Value | Richland Township (Monroe County) | Monroe County | Indiana | United States |
|---|---|---|---|---|
| Less than $50,000 | 7.0% (±2.9 points) | 5.4% | 6.0% | 5.3% |
| $50,000 to $99,999 | 1.7% (±1.0 points) | 2.5% | 10.1% | 6.1% |
| $100,000 to $149,999 | 4.0% (±1.7 points) | 5.5% | 12.7% | 6.8% |
| $150,000 to $199,999 | 14.0% (±4.2 points) | 11.2% | 15.8% | 9.0% |
| $200,000 to $299,999 | 34.7% (±5.5 points) | 29.2% | 25.1% | 17.8% |
| $300,000 to $499,999 | 32.1% (±4.5 points) | 31.7% | 21.8% | 26.9% |
| $500,000 to $999,999 | 5.8% (±2.4 points) | 13.0% | 7.3% | 20.9% |
| $1,000,000 or more | 0.7% (±0.8 points) | 1.5% | 1.2% | 7.1% |
The most common range is $200,000 to $299,999, 34.7% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Richland Township (Monroe County) against Monroe County, its state and the nation
| Richland Township (Monroe County) | Monroe County | Indiana | United States | |
|---|---|---|---|---|
| Median home value | $262,800 (±$12,888) | $285,200 (±$8,234) | $218,200 (±$739) | $332,700 |
| Owner-occupied homes | 5,204 (±359) | 31,967 (±743) | 1,916,243 (±9,865) | 84,210,142 |
In Richland Township (Monroe County), the median home value is lower than in Monroe County ($285,200).
It is also higher than in Indiana ($218,200).
It is lower than the national figure ($332,700).
In Monroe County, Richland Township (Monroe County) ranks 9 of 15 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 251 of 1,574.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Richland Township (Monroe County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $155,500 (±$5,829) | $262,800 (±$12,888) | +69.0% | Up after inflation |
| Median owner cost with a mortgage | $1,161 (±$35) | $1,452 (±$63) | +25.1% | No measurable change after inflation |
| Median real estate taxes | $1,224 (±$73) | $1,925 (±$121) | +57.3% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Richland Township (Monroe County)
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Richland Township (Monroe County) | — | $262,800 (±$12,888) | — |
| Ellettsville | 2.3 mi | $243,600 (±$14,943) | Not measurably different |
| Van Buren Township (Monroe County) | 5.3 mi | $231,300 (±$12,109) | Lower |
| Bloomington | 5.7 mi | $321,400 (±$14,199) | Higher |
| Bloomington Township | 5.8 mi | $286,300 (±$27,123) | Not measurably different |
| Bean Blossom Township | 6.3 mi | $266,000 (±$36,288) | Not measurably different |
| Clay Township (Owen County) | 6.9 mi | $199,500 (±$49,387) | Lower |
| Stinesville | 7.1 mi | $129,400 (±$67,934) | Lower |
| Perry Township (Monroe County) | 7.8 mi | $327,400 (±$16,621) | Higher |
Nearby places with a measurably lower figure: Van Buren Township (Monroe County), IN ($231,300), Clay Township (Owen County), IN ($199,500), Stinesville, IN ($129,400).
Nearby places with a measurably higher figure: Bloomington, IN ($321,400), Perry Township (Monroe County), IN ($327,400).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Monroe County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 3 | Perry Township (Monroe County) | $327,400 (±$16,621) |
| 4 | Bloomington | $321,400 (±$14,199) |
| 5 | Bloomington Township | $286,300 (±$27,123) |
| 6 | Indian Creek Township (Monroe County) | $284,400 (±$72,455) |
| 7 | Washington Township (Monroe County) | $276,100 (±$45,359) |
| 8 | Bean Blossom Township | $266,000 (±$36,288) |
| 9 | Richland Township (Monroe County) | $262,800 (±$12,888) |
| 10 | Smithville-Sanders | $259,100 (±$29,130) |
| 11 | Clear Creek Township (Monroe County) | $256,200 (±$19,887) |
| 12 | Ellettsville | $243,600 (±$14,943) |
| 13 | Van Buren Township (Monroe County) | $231,300 (±$12,109) |
| 14 | Polk Township (Monroe County) | $197,500 (±$41,802) |
| 15 | Stinesville | $129,400 (±$67,934) |
Showing 13 of 15 places in Monroe County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Richland Township (Monroe County)
What is the average home value in Richland Township (Monroe County), IN?
The Census Bureau publishes the median: $262,800 (±$12,888) for owner-occupied homes in Richland Township (Monroe County) (2020–2024 American Community Survey).
Have home values in Richland Township (Monroe County) gone up?
In Richland Township (Monroe County), the median home value went from $155,500 in 2015–2019 to $262,800 in 2020–2024 (+69.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Richland Township (Monroe County) sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Richland township, Monroe County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Richland township, Monroe County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Richland township, Monroe County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Richland township, Monroe County, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Richland township, Monroe County, Indiana (county subdivision:64152, in state:18 county:105).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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- Indiana landlord and tenant rules
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- Housing data for every place in Indiana