47374 — Richmond, IN Home Values
Typical home value $163,543 as of June 2026 · 9th of 9 in Richmond, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 47374, June 2021 to June 2026. This page shows observed data only; no forecast.
How 47374 compares in the Richmond, IN area
ZIP code 47374 (Richmond, IN) has a typical home value of $163,543 as of June 2026, ranking 9th of 9 ZIP codes tracked in the Richmond, IN area, more expensive than about 11% of ZIP codes in the metro. Prices here have moved +5.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +43.3%, from $114,136 in June 2021 to $163,543 in June 2026. Against observed rent, the typical home here sells for 15.7× the annual rent ($870/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Richmond, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Richmond.
Population and demographics
ZIP code 47374 has a population of 45,186, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 82.9% White, 5.7% Black or African American, 5.5% two or more races, 4% Hispanic or Latino, 1.5% Asian, and 0.3% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Vaile Elementary School | 300 S 14th St, Richmond, IN | 0.7 mi |
| Starr Elementary School | 301 N 19th St, Richmond, IN | 0.7 mi |
| Community Youth Services | 315 NW 3rd St, Richmond, IN | 0.8 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 47374?
$163,543 as of June 2026, the latest month Zillow has published observed data for.
Is 47374 an expensive ZIP code in the Richmond, IN area?
47374 ranks 9th of 9 ZIP codes in the Richmond, IN area by typical home value, more expensive than about 11% of ZIP codes in the metro.
How much have home values in 47374 changed over the past year?
+5.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 47374?
The typical home price is 15.7× the observed annual rent in this ZIP code ($870/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 47374?
45,186, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 47374?
Vaile Elementary School (0.7 mi), Starr Elementary School (0.7 mi), Community Youth Services (0.8 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 47374?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Richmond, IN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.