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Richmond, IL
Full City Profile · Illinois · McHenry County County
3.2
/5.0
B
Good
2,530
Population
590/sq mi density
$70,379
Median Income
$40,996 per capita
$225,800
Home Value
$368,161 Zillow
$1,183
Median Rent
24.8% income on rent
49°F
Avg Temperature
261 sunny days/yr
156
Violent Crime/100K
1,041 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$70,379 median income, 6.7% unemployment
A+
Affordability
4.9 / 5.0
$225,800 home value, $1,183/mo rent
F
Safety
1.0 / 5.0
156 violent crimes/100K
B
Education
3.1 / 5.0
26.3% bachelor's degree or higher
Housing Overview
Median Home Value
$225,800
20% below
US avg: $281,900
Median Rent
$1,183/mo
2% above
US avg: $1,163/mo
Homeownership Rate
55.4%
15% below US avg (65.4%)
Total Housing Units
1,266
Median year built: 1991
Home Value by Source
Census Median
$225,800
Zillow (ZHVI)
$368,161
Median Sale Price
$305,000
Median List Price
$130,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.4%
Owner-Occupied
44.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,183/mo
Market Indicators (Redfin)
Median Days on Market
50 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$214
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
24.8%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
55.4%
Complete Housing Data
Home Values
| Census Median Value | $225,800 |
| Zillow Home Value (ZHVI) | $368,161 |
| Median Sale Price | $305,000 |
| Median List Price | $130,000 |
| Price Per Sq Ft | $214 |
Rent
| Census Median Rent | $1,183 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 50 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 3 |
| Active Inventory | 5 |
| Price Per Sq Ft | $214 |
Ownership & Stock
| Owner-Occupied | 55.4% |
| Renter-Occupied | 44.6% |
| Homeownership Rate | 55.4% |
| Total Housing Units | 1,266 |
| Median Year Built | 1991 |
| Rent Burden | 24.8% |