Richton Park, IL housing market
The typical Richton Park home is worth about $230,000, up 7.3% in a year, 23% below the Illinois typical home. Homes typically sell in 56 days, close to asking.
Home values, sales, trends and how Richton Park compares with the towns next door — updated as new data is published.
Richton Park at a glance
A seller's market
Supply is tight — about 3.4 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Richton Park | Illinois |
|---|---|---|
| 2017 | $102,000 | $181,000 |
| 2018 | $118,000 | $190,000 |
| 2019 | $132,000 | $195,000 |
| 2020 | $139,000 | $200,000 |
| 2021 | $157,000 | $215,000 |
| 2022 | $186,000 | $236,000 |
| 2023 | $196,000 | $248,000 |
| 2024 | $200,000 | $263,000 |
| 2025 | $212,000 | $278,000 |
| 2026 | $218,000 | $290,000 |
| August 2026 | $230,000 | $298,000 |
Richton Park and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Richton Park | $230K | +7.3% | 56 | $64,554 |
| Matteson | $276K | +4.6% | 64 | $95,457 |
| Park Forest | $161K | +5.1% | 78 | $61,072 |
| Frankfort | — | — | 57 | $154,375 |
| University Park | $198K | +2.9% | 90 | $73,844 |
| Monee | $355K | +3.1% | — | $84,953 |
3.6 years of income
The typical Richton Park home costs about 3.6 years of the town's median household income, about the same as across Illinois (3.6).
How Richton Park ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.