Richton Park, IL Home Values & Market Trends
Real estate market trends reflect that there have been 208 transactions over the past year in Richton Park. The median value for residential home transactions that occurred over the previous year is $198,109.42. The number of current listings in Richton Park is 12, and the percentage of properties for sale in the city is 12.00%. Richton Park, IL currently has 50 properties in foreclosure, 5 bank owned properties, 6 properties headed for auction, and 12 properties for sale.
Richton Park, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60471 | $ 242,350 $ 146/sqft |
Housing Market Summary for Richton Park, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $162K | $181K | 11.73% |
| Median Sold Price | $195K | $181K | -7.18% |
| Homes For Sale | 13 | 12 | -7.69% |
| Homes Sold | 117 | 126 | 7.69% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Richton Park, IL
Browse Homes in Richton Park, IL
Richton Park home values range from $31,254 to $576,734. The median estimated value of a home in Richton Park is $198,109.42. The median list price of a home is 267,499.5, and the total count of properties in the city is 3,856.
- Pre-ForeclosurePre-foreclosure homes account for 1.01% of all residential properties in Richton Park, IL with 60471 containing 39 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Richton Park, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $395,750 in 60471 to the lowest home value of $95,305 in 60471.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Richton Park, IL ranges from the highest value of $383,250 in 60471 to the lowest value of $64,972 in 60471. Bank owned homes and properties account for 0.13% of properties in Richton Park, IL. There is 1 zips within Richton Park, IL; 60471 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60471 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Richton Park, IL. Auction homes and other auction properties account for 0.16% of all properties in Richton Park, IL. There is 1 zips within Richton Park, IL; of that zips, the median estimated home value for homes going to auction ranges from $298,500 in 60471 to the lowest value of $99,948 in 60471.
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