Richmond, IN (Metro) - Trend of Market Heat Index for All Homes (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Market Heat Index for All Homes in the Richmond, IN Metro in February 2026 was 41. The month over month percentage change (MoM) was 2.50%, and the year over year percentage change (YoY) was -14.58%.

The chart below shows the trend of the market heat index for the Richmond, IN metro. The table below shows the trend of the market heat index, and the MoM and YoY percentage changes for the Richmond, IN metro.

You can see similar information for other US metros, and for the United States.

Note: The Market Heat Index is a time series that captures the balance of for-sale supply and demand in a given market. A higher number means the market is more tilted in favor of sellers. It relies on a combination of engagement and listing performance inputs to provide insights into current market dynamics. It is calculated for single-family and condo homes.

Data Source: Zillow.
Richmond, IN (Metro) - Trend of Market Heat Index for All Homes
Richmond, IN (Metro) - Trend of Market Heat Index for All Homes
1 – 10 of 98
Month Market Heat Index MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2018 26 NaN NaN
Feb 2018 37 42.31 NaN
Mar 2018 40 8.11 NaN
Apr 2018 40 0.00 NaN
May 2018 39 -2.50 NaN
Jun 2018 42 7.69 NaN
Jul 2018 37 -11.90 NaN
Aug 2018 30 -18.92 NaN
Sep 2018 34 13.33 NaN
Oct 2018 40 17.65 NaN
Nov 2018 39 -2.50 NaN
Dec 2018 42 7.69 NaN
Jan 2019 43 2.38 65.39
Feb 2019 39 -9.30 5.41
Mar 2019 27 -30.77 -32.50
Apr 2019 34 25.93 -15.00
May 2019 35 2.94 -10.26
Jun 2019 43 22.86 2.38
Jul 2019 44 2.33 18.92
Aug 2019 42 -4.54 40.00
Sep 2019 40 -4.76 17.65
Oct 2019 41 2.50 2.50
Nov 2019 41 0.00 5.13
Dec 2019 39 -4.88 -7.14
Jan 2020 39 0.00 -9.30
Feb 2020 42 7.69 7.69
Mar 2020 49 16.67 81.48
Apr 2020 61 24.49 79.41
May 2020 69 13.12 97.14
Jun 2020 73 5.80 69.77
Jul 2020 72 -1.37 63.64
Aug 2020 64 -11.11 52.38
Sep 2020 55 -14.06 37.50
Oct 2020 51 -7.27 24.39
Nov 2020 49 -3.92 19.51
Dec 2020 54 10.20 38.46
Jan 2021 62 14.82 58.97
Feb 2021 64 3.23 52.38
Mar 2021 61 -4.69 24.49
Apr 2021 65 6.56 6.56
May 2021 68 4.62 -1.45
Jun 2021 66 -2.94 -9.59
Jul 2021 65 -1.51 -9.72
Aug 2021 63 -3.08 -1.56
Sep 2021 56 -11.11 1.82
Oct 2021 51 -8.93 0.00
Nov 2021 48 -5.88 -2.04
Dec 2021 49 2.08 -9.26
Jan 2022 57 16.33 -8.06
Feb 2022 65 14.04 1.56
Mar 2022 66 1.54 8.20
Apr 2022 62 -6.06 -4.61
May 2022 60 -3.23 -11.76
Jun 2022 57 -5.00 -13.64
Jul 2022 50 -12.28 -23.08
Aug 2022 45 -10.00 -28.57
Sep 2022 42 -6.67 -25.00
Oct 2022 44 4.76 -13.72
Nov 2022 43 -2.27 -10.42
Dec 2022 47 9.30 -4.08
Jan 2023 51 8.51 -10.53
Feb 2023 57 11.77 -12.31
Mar 2023 52 -8.77 -21.21
Apr 2023 46 -11.54 -25.81
May 2023 46 0.00 -23.33
Jun 2023 52 13.04 -8.77
Jul 2023 56 7.69 12.00
Aug 2023 55 -1.79 22.22
Sep 2023 53 -3.64 26.19
Oct 2023 47 -11.32 6.82
Nov 2023 51 8.51 18.61
Dec 2023 50 -1.96 6.38
Jan 2024 53 6.00 3.92
Feb 2024 51 -3.77 -10.53
Mar 2024 49 -3.92 -5.77
Apr 2024 52 6.12 13.04
May 2024 60 15.39 30.44
Jun 2024 59 -1.67 13.46
Jul 2024 51 -13.56 -8.93
Aug 2024 51 0.00 -7.27
Sep 2024 50 -1.96 -5.66
Oct 2024 45 -10.00 -4.25
Nov 2024 38 -15.56 -25.49
Dec 2024 34 -10.53 -32.00
Jan 2025 39 14.71 -26.41
Feb 2025 48 23.08 -5.88
Mar 2025 52 8.33 6.12
Apr 2025 52 0.00 0.00
May 2025 52 0.00 -13.33
Jun 2025 50 -3.85 -15.25
Jul 2025 50 0.00 -1.96
Aug 2025 49 -2.00 -3.92
Sep 2025 43 -12.24 -14.00
Oct 2025 38 -11.63 -15.56
Nov 2025 39 2.63 2.63
Dec 2025 41 5.13 20.59
Jan 2026 40 -2.44 2.56
Feb 2026 41 2.50 -14.58