Why Live in Richmond
Richmond, Illinois, is a commuter village located about 50 miles northwest of Chicago, known for its historical architecture and attractions. The charming downtown area serves as a central hub for retail, dining, and community events. Homebuyers in Richmond can choose from a variety of home styles, including modest single-story homes, Victorian-inspired properties, split-levels, and ranch-style homes. Residences often sit on single or double lots or sprawling acreage, with personal car garages and driveways. The village offers top-tier education options, with Richmond Grade School, Nippersink Middle School, and Richmond-Burton High School all receiving high ratings. Richmond-Burton High School is particularly noted for its strong academics and impressive sports facilities. For outdoor enthusiasts, the nearby Glacial Park Nature Preserve Area spans over 2,000 acres and offers hiking, biking, canoeing, and fishing opportunities. The park is also a popular spot for cross-country skiing in winter. Richmond's historical significance is highlighted through self-guided walking tours, featuring sites like the Sarah Gibbs house and the 1841-built Public School House. Main Street is lined with trendy stores, including The Cubby Café, Anderson’s Candy Shop, and Angelo’s Fresh Market, providing a diverse shopping experience. The village also hosts annual events such as St. Patrick's Day festivities, the Car Show & Coffee, and the Christmas of Yesteryear celebration, fostering a strong sense of community.
Home Trends in Richmond, IL
On average, homes in Richmond, IL sell after 24 days on the market compared to the national average of 51 days. The median sale price for homes in Richmond, IL over the last 12 months is $315,000, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$315,000
Median Single Family Sale Price
$342,000
Median 2 Bedroom Sale Price
$173,705
Median 1 Bedroom Sale Price
$123,000
Average Price Per Sq Ft
$186
Number of Homes for Sale
9
Last 12 months Home Sales
47
Median List Price
$334,250
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
11%