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Richton Park, IL

Full City Profile · Illinois · Will County County

3.2 /5.0
B Good
12,576 Population 2,865/sq mi density
$71,724 Median Income $35,219 per capita
$200,400 Home Value $211,346 Zillow
$1,313 Median Rent 31.5% income on rent
50°F Avg Temperature 275 sunny days/yr
449 Violent Crime/100K 2,206 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$71,724 median income, 8.1% unemployment
A+
Affordability
5.0 / 5.0
$200,400 home value, $1,313/mo rent
F
Safety
1.0 / 5.0
449 violent crimes/100K (18% above avg)
B
Education
3.4 / 5.0
30.5% bachelor's degree or higher

Housing Overview

Median Home Value
$200,400
29% below
US avg: $281,900
Median Rent
$1,313/mo
13% above
US avg: $1,163/mo
Homeownership Rate
50.7%
22% below US avg (65.4%)
Total Housing Units
5,346
Median year built: 1978

Home Value by Source

Census Median
$200,400
Zillow (ZHVI)
$211,346
Median Sale Price
$235,000
Median List Price
$245,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

50.7%
Owner-Occupied
49.3%
Renter-Occupied
51%
49%
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: $1,313/mo

Market Indicators (Redfin)

Median Days on Market
97 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
17.9%
of listings with price reduction
Price Per Sq Ft
$142
Active Inventory
56
homes for sale

Affordability & Housing Stock

Rent Burden
31.5%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
50.7%

Complete Housing Data

Home Values

Census Median Value$200,400
Zillow Home Value (ZHVI)$211,346
Median Sale Price$235,000
Median List Price$245,000
Price Per Sq Ft$142

Rent

Census Median Rent$1,313
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 Market97
Sale-to-List Ratio1.0%
Price Drops17.9%
Homes Sold9
Active Inventory56
Price Per Sq Ft$142

Ownership & Stock

Owner-Occupied50.7%
Renter-Occupied49.3%
Homeownership Rate50.7%
Total Housing Units5,346
Median Year Built1978
Rent Burden31.5%