Richton Park, IL Home Values & Market Trends
Real estate market trends reflect that there have been 184 transactions over the past year in Richton Park. The median value for residential home transactions that occurred over the previous year is $222,353. The number of current listings in Richton Park is 221, and the percentage of properties for sale in the city is 221.00%. Richton Park, IL currently has 94 properties in foreclosure, 4 bank owned properties, 15 properties headed for auction, and 221 properties for sale.
Richton Park, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60471 | $ 222,353 $ 164/sqft |
Housing Market Summary for Richton Park, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $209.4K | $225K | 7.42% |
| Median Sold Price | $207K | $211K | 1.94% |
| Homes For Sale | 177 | 213 | 20.34% |
| Homes Sold | 71 | 56 | -21.13% |
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 $62,367 to $490,000. The median estimated value of a home in Richton Park is $222,353. The median list price of a home is 225,000, and the total count of properties in the city is 465.
- Pre-ForeclosurePre-foreclosure homes account for 16.13% of all residential properties in Richton Park, IL with 60471 containing 75 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 $463,151 in 60471 to the lowest home value of $104,089 in 60471.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Richton Park, IL ranges from the highest value of $283,381 in 60471 to the lowest value of $128,116 in 60471. Bank owned homes and properties account for 0.86% of properties in Richton Park, IL. There is 1 zips within Richton Park, IL; 60471 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60471 has 15 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 3.23% 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 $323,779 in 60471 to the lowest value of $67,650 in 60471.
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Guide for Richton Park, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
