REAL ESTATE MARKET

RICHMOND, ILLINOIS

May 2021

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RICHMOND REAL ESTATE

IS A BALANCED MARKET

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HOW MANY MONTHS WILL IT TAKE TO SELL ALL HOMES?
  • 6.39months
    To Sell All Homes Presently For Sale
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HOW MUCH DID richmond BUYER PAY?

Buyers payed

Under asking price

2

Buyers payed

At asking price

1

Buyers payed

Over asking price

1

There are more richmond buyers paying under asking price.
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WHY DOES richmond HAVE A BALANCED MARKET?

May 2021

  • Active Homes For Sale

Last 12 Months

77

  • Homes Sold
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HOW richmond market trend from last Year?

Active Homes For Sale

  • April 2020

    37

  • April 2021

    41

Homes Sold

  • April 2020

    6

  • April 2021

    4
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 3

CONDOS

Sold 1
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HOW LONG DOES IT TAKE TO SELL IN richmond?

richmond Single Family Homes

Sell Faster In April Vs March

  • March 2021

    30 days

  • April 2021

    10 days

richmond Condo, duplex & town-homes

Sell Faster In April Vs March

  • March 2021

    31 days

  • April 2021

    18 days
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HOW ARE PRICES TRENDING IN richmond?

Avarage list price decrease

Buyers bargain harder

  • March

    $365K

  • April

    $350K

Median sold price increase

Good for seller

  • March

    $201K

  • April

    $244K
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WHAT CAN I BUY IN richmond ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$80K-$162K
Bedrooms
1
Bathrooms
1
Home size
725Sq. Ft.
$162K-$332K
Bedrooms
2.5
Bathrooms
2
Home size
1554.5Sq. Ft.
$332K-$420K
Bedrooms
3
Bathrooms
2
Home size
2200Sq. Ft.
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WHAT IS FOR SALE IN richmond TODAY?

Single family homes for sale

Multi family homes for sale
Condos for sale

Land for sale

Townhomes homes for sale

Mobile home for sale

Parking for sale

Below market homes and deals

Short sale homes for sale

Foreclosures for sale

Homes with waterfront

Homes with pool

Homes with golf course

New construction homes

Luxury homes

All homes for sale
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richmond REAL ESTATE MEDIAN SALES PRICE BY MONTH

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richmond SOLD LISTINGS

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richmond ACTIVE FOR SALE LISTINGS

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richmond TRANSACTION VOLUME IN US DOLLARS

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richmond MONTH SUPPLY INVENTORY

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Schools in richmond

School Name Grand Level For Sale
richmond grade school Pre-School - 5th Grade View Homes For Sale
School Name Grand Level For Sale
nippersink middle school 6th Grade - 8th Grade View Homes For Sale
School Name Grand Level For Sale
richmond-burton high school 9th Grade - 12th Grade View Homes For Sale

Subdivisions in richmond

Subdivision
preservation oaks (2 for sale) View Homes For Sale
glenrich (1 for sale) View Homes For Sale
kensington manor (1 for sale) View Homes For Sale

New For Sale in Richmond

Date Address Beds Baths Sq.Ft. Price
510 Cunat, Richmond, IL 60071 Feb 28, 2021 510 cunat 1 1 625 ft2 $75K
10328 Main, Richmond, IL 60071 Apr 29, 2021 10328 main 1 1 0 ft2 $110K
Feb 04, 2021 7713 tryon grove 2 2 0 ft2 $2M
9204 Solon, Richmond, IL 60071 May 10, 2021 9204 solon 3 2 2,000 ft2 $315K
5710 Liberty, Richmond, IL 60071 May 18, 2021 5710 liberty 3 3 2,128 ft2 $295K
Dec 22, 2020 11013 serenity path 0 ft2 $22K
3704 Ridge, Richmond, IL 60071 Dec 14, 2020 3704 ridge 0 ft2 $49K
May 17, 2021 4720 concord 0 ft2 $60K
May 17, 2021 4713 concord 0 ft2 $60K