Housing Prices in Richland County, IL

How much do homes in Richland County, IL cost?

Median List Price

$64,000

$45/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$500(-0.8%)

Key Takeaway

The list price of homes in Richland County has decreased by 0.8% since September.

Summary: The median home list price in Richland County was $64,000 in October 2024, down 0.8% from the previous month, and the median price per square foot was $45.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $27K$27K
0.0%
2 $47.7K$47.7K
0.0%
3 $102.5K$140K
+36.6%
4 --
N/A
5+ $109.9K$109.9K
0.0%

Summary: Richland County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 36.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Counties

Wabash County
+2.9%
Edwards County
0.0%
Richland County
-0.8%
Lawrence County
-1.3%

Housing Supply in Richland County, IL

How many homes are available in Richland County, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
76-14.3%

Summary: The Richland County real estate market had 6 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 33
0.0%
3 21
-50.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Richland County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Richland County, IL

How long does it take to sell a home in Richland County, IL?

Average Listing Age

Sep 2024Oct 2024CHANGE
69 Days98 Days+41.3%

Summary: Homes in Richland County had an average listing age of 98 days in Oct 2024, up by 41.3% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Richland County, IL

Nearby Markets to Richland County, IL