Altos Market Data for Realtors
Richton Park, IL 60471
Single-Family Homes
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Richton Park, IL 60471
Tue Aug 25 2026
This week the median list price for Richton Park, IL 60471 is $299,999 with the market action index hovering around 38. This is an increase over last month's market action index of 35. Inventory has decreased to 19.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $299,999 | |
| Median Price of New Listings | $329,900 | |
| Per Square Foot | $155 | |
| Average Days on Market | 133 | |
| Median Days on Market | 56 | |
| Price Decreased | 37% | |
| Price Increased | 0% | |
| Relisted | 11% | |
| Inventory | 19 | |
| Median Rent | ||
| Market Action | 38 | |
| Slight Seller's Advantage | ||
We continue to see the market at a plateau. This week prices bumped down a bit. Look for a persistent down-shift in the Market Action Index before we see prices significantly deviate from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $449,000 | 2,900 | - | 4 | 3 | 1 | 0 | 2 | 287 |
| $325,000 | 2,364 | - | 4 | 3 | 34 | 1 | 1 | 14 |
| $239,500 | 1,662 | - | 3 | 2 | 50 | 0 | 1 | 28 |
| $147,450 | 850 | - | 3 | 1.8 | 54 | 0 | 1 | 101 |