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Richmond Housing Market Report

August 2026 • Updated daily from MLS data

$622,044
Average Price
16
Active Listings
43
Avg Days on Market
$206
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Richmond broken down by property type

Price Distribution

How Richmond home prices are distributed across price ranges

Under $100K
0
$100K–$200K
1
1
$200K–$300K
1
1
$300K–$500K
4
4
$500K–$750K
5
5
$750K–$1M
4
4
$1M+
1
1

Listings by Bedrooms

Bedroom count breakdown for active listings in Richmond

1
1 Bed
2
2 Bed
4
3 Bed
5
4 Bed
3
5+ Bed

Demographics & Community

Census data for Richmond, Illinois

2,266
Population
$62,756
Median Household Income
36.8
Median Age
$226,200
Census Median Home Value

Housing Occupancy

Total Housing Units1,266
Owner-Occupied585 (53.3%)
Renter-Occupied513 (46.7%)
Vacant Units168
Median Rent$1,114/mo

Commute & Education

Median Commute1004 min
Work From Home4.1%
0
Bachelor's Degree+18.2%
High School Diploma+1.0%

Affordability & Housing Costs

HUD data for the Richmond area

Fair Market Rent (2024)

Studio$1,399/mo
1 Bedroom$1,507/mo
2 Bedroom$1,714/mo
3 Bedroom$2,182/mo
4 Bedroom$2,583/mo

Safety & Crime Statistics

Crime data for Richmond (2024)

1
Violent Crimes
18
Property Crimes
3
Burglaries
2
Vehicle Thefts

Building Permit Activity

IvyGro tracks 2,643 building permits issued by Village of Richmond, with records dating back to 2006. In the last 12 months, 77 permits were issued, down 3% from the year before. Every Richmond listing on IvyGro shows the full permit history for that address: roofs, remodels, additions, and more.

2,643
Permits on Record
77
Issued Last 12 Months
$9,472
Median Project Value (12 mo)
$2,522,498
Total Construction Value (12 mo)

Most Common Projects (Last 5 Years)

Building NEW SF RESIDENTIA16
Roofing ROOF14
Roofing RE-ROOF10
Plumbing LANDSCAPE METER10
Fence FENCE9
Roofing ROOFING8

Permits Issued by Year

2016
37
2017
107
2018
300
2019
132
2020
106
2021
121
2022
131
2023
125
2024
85
2025
96
2026
35

See the full Richmond permit report or browse Richmond listings to see the permit history for any home.

School Districts

School districts serving Richmond properties

2

Featured Listings in Richmond

Top properties currently on the market

Save $16,261 on the Average Richmond Home

Traditional agents charge 3% commission ($18,661). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.