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RICHMOND, IL 60071

Real Estate Market Report  ·  McHenry County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
17
⇧ 70% vs 10 last year
Pending
10
59% pending ratio
Median Price
$499,999
⇧ 18% vs $423,698 last year
Average Price
$623,189
⇧ 17.7% vs $529,581 last year
Days on Market
87
⇩ 37.9% vs 140 days last year

Market Context

Population: 3,938  ·  Density: 61.3/mi²  ·  Median household income: $71,471

Typical home value: $295,755  ·  Homeownership: 70.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The RICHMOND, IL real estate market (60071) currently shows 17 active listings, with 10 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 87 days on market compared to 140 days last year.

The median listing price has risen 18% year-over-year, from $423,698 to $499,999.

Whether you are buying or selling in RICHMOND, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 17 this year vs 10 last year
  • Days on market: 87 now vs 140 last year

Median & Average Pricing

Year over Year
  • Median: $499,999 (+18% YoY)
  • Average: $623,189 (+17.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.0 miles — 574 listings ($364,232,557 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60071Richmond, IL 600710.0 mi17$10,594,213$499,999$623,189
60081Spring Grove, IL 600814.6 mi31$20,107,747$548,700$648,637
53181Twin Lakes, WI 531815.0 mi22$18,937,600$537,900$860,800
60034Hebron, IL 600346.0 mi4$807,800$201,950$201,950
60020Fox Lake, IL 600208.4 mi55$14,404,335$219,000$261,897
60050Mchenry, IL 600509.4 mi59$17,544,240$297,700$297,360
53179Trevor, WI 531799.7 mi8$2,857,600$312,450$357,200
53147Lake Geneva, WI 5314710.3 mi105$112,678,230$660,000$1,073,126
60002Antioch, IL 6000211.0 mi50$22,030,150$337,450$440,603
60098Woodstock, IL 6009812.2 mi85$59,671,105$415,000$702,013
60046Lake Villa, IL 6004613.1 mi55$27,236,055$395,950$495,201
53105Burlington, WI 5310513.9 mi46$25,253,402$399,900$548,987
53125Fontana, WI 5312514.0 mi37$32,110,080$655,000$867,840

Frequently Asked Questions

How many homes are for sale in RICHMOND, IL 60071?

As of January 2026, there are 17 active listings in RICHMOND, IL (zip code 60071), compared to 10 the prior year.

What is the median home price in RICHMOND, IL 60071?

The median listing price in RICHMOND, IL 60071 is $499,999 as of January 2026, a 18% increase from $423,698 the prior year.

How long do homes stay on the market in RICHMOND, IL?

Homes in RICHMOND, IL 60071 spend an average of 87 days on the market before going under contract, compared to 140 days the prior year.

Is it a seller's or buyer's market in RICHMOND, IL 60071?

Based on current inventory and days-on-market data as of January 2026, RICHMOND, IL 60071 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 87 days on market compared to 140 days last year.

How much can I save on real estate commission in RICHMOND, IL?

With SELL123.com's maximum 3% commission, sellers in RICHMOND, IL 60071 save an estimated $10,000 compared to a typical 5% commission on the median listing price of $499,999. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.