Altos Market Data for Realtors

Richton Park, IL 60471

Single-Family Homes

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Richton Park, IL 60471

Mon Jun 15 2026
This week the median list price for Richton Park, IL 60471 is $287,850 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has increased to 26. Click here to stay informed with the Richton Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Richton Park, IL 60471

Mon Jun 15 2026
This week the median list price for Richton Park, IL 60471 is $287,850 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has increased to 26. Click here to stay informed with the Richton Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Richton Park market.
Median List Price $287,850
Median Price of New Listings $299,900
Per Square Foot $166
Average Days on Market 147
Median Days on Market 98
Price Decreased 27%
Price Increased 0%
Relisted 19%
Inventory 26
Median Rent
Market Action 45
Strong Seller's Market

Prices in this zip code hit another all time high this week. You can see that prices continue to march higher. Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally abating.

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
$450,000 2,900 - 4 2.5 1 0 1 217
$310,250 1,825 0 - 4,500 sqft 4 2.5 31 2 0 17
$240,700 1,274 - 3 2 50 1 1 63
$163,500 1,215 0 - 4,500 sqft 3 1 54 0 0 73