Richton Park, IL

Buyer's market+16.9% YoY

Housing market overview · Updated weekly

$235,000median sale price

Homes sold

9

Last 12 weeks

Days on market

97

Average pace

Active listings

56

6.2 months supply

Sale-to-list

98.1%

Below asking

The Richton Park housing market is currently classified as a buyer's market with a median sale price of $235,000. Prices have risen 16.9% compared to last year, with homes spending an average of 97 days on market, indicating 6.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Richton Park

There are currently 56 homes listed for sale in Richton Park, Illinois. The median listing price is $245K.

Active listings

56

Homes on market

Median list price

$245K

Avg. days on market

97

Days until sale

New this week

7

Newly listed

Price drops:17.9%of listings
Sale-to-list:98.1%

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Frequently asked questions

What is the average home price in Richton Park?

The median home sale price in Richton Park is $235,000, up 16.9% from last year.

How long do homes stay on market in Richton Park?

Homes typically spend 97 days on market before going under contract.

Is Richton Park a buyer's or seller's market?

With 6.2 months of supply, Richton Park is currently a buyer's market.

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