116 homes sold in Richton Park in the last year, at a typical $219K
About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Richton Park homes are listed.
Every place Richton Park homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Richton Park.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 81% of Richton Park’s sales, at a typical $237K (year to May 2026)
116 homes sold in the year to September 2026.
typical sale · 103 sold in the year to May 2026
- Per square foot
- $149IL $180
- Days to sell
- 87
- Sold over asking
- 45%
- Listings with a price cut
- 27%
Townhouses: 18 sold, typical $163K
Condos: 6 sold, typical $141K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 2.3 times the 2016 price
116 sales in the last year, against 208 in 2013 and a low of 135 in 2025. The typical sale went from $94K in 2016 to $219K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $200K buys in Richton Park
Check a listing against what Richton Park homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Richton Park are back to pre-pandemic levels, with about as many homes for sale
We read every month of Richton Park’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 116 sales.
If you’re buying in Richton Park
- Shop in May. It brings about 21 new listings a month, close to the busiest month, with fewer bidding wars (36% over asking).
- Bid near asking. Buyers paid 99% of the list price on average; 37% paid over.
- You’ll usually have time. Only 24% of homes go under contract within two weeks; the typical one takes 89 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 24 a month), and the most competition: 45% close over asking. May offers nearly as much choice with fewer homes bid up (36%). January has the least competition (34%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Illinois as a whole
| Richton Park now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 37% | 33% | 57% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 24% | 30% | 62% | 45% |
| Price paid vs. askingAverage sale price ÷ list price | 99% | 97.3% | 101.6% | 99% |
| Days to sellMedian days from listing to contract | 89 | 61 | 10 | 51 |
54 homes for sale on a typical day
That’s 3.7 times the 2021 low (15), about the 2017–19 level and well under 2012’s 93.
Since 2019, houses are up 69%, condos 254%
A house typically sold for $237K in the year to May 2026 (103 sales), a condo for $141K (6).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Richton Park ranks 158th of 327 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Richton Park is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Richton Park home costs about $1,630 a month
Price: Richton Park’s typical sale, last 12 months. Property tax at Richton Park’s 2.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Richton Park is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 12.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $219K home, about $5,830 a year.
Taxes vs. neighborsSchools
The schools grade for Richton Park, from test results, graduation and how much students grow.
Schools in Richton ParkTypical commute
The average one-way trip to work for people who live in Richton Park.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
University Park, Park Forest and Olympia Fields sell for less a square foot; Frankfort Square for far more
The busier markets within 25 miles of Richton Park, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Park Forest | 293 | $156K | $123 | 32% | 82 |
| Matteson | 199 | $261K | $146 | 36% | 85 |
| Frankfort Square | 122 | $346K | $217 | 42% | 44 |
| Richton Park | 116 | $219K | $144 | 37% | 89 |
| University Park | 71 | $208K | $113 | 29% | 85 |
| Monee Township | 65 | $309K | $162 | 37% | 67 |
| Olympia Fields | 34 | $407K | $136 | 22% | 97 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Richton Park, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Richton Park. People who follow the town see it, and so do people comparing Richton Park with their own town. No commission, no listing fee.
Questions about buying a home in Richton Park
What do homes sell for in Richton Park, IL?
116 homes sold in the year to September 2026 at a typical $219K, $144 a square foot.
Is Richton Park a buyer’s or seller’s market?
A balanced market: 50 homes were for sale in September 2026 and 10 sold, about 4.9 months of supply. Buyers paid 99% of asking on average.
When is the best time to buy in Richton Park?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Richton Park?
About 2.7% of a home’s value a year. On a $219K home that’s near $5,830.
Where can I see homes for sale in Richton Park?
Zillow, Redfin, Realtor.com and Homes.com all carry Richton Park’s MLS listings; the search links above open each one filtered to Richton Park.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).