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RICHTON PARK, IL 60471

Real Estate Market Report  ·  Cook County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
60
⇧ 62.2% vs 37 last year
Pending
22
37% pending ratio
Median Price
$247,500
⇧ 8.8% vs $227,450 last year
Average Price
$291,693
⇧ 14.1% vs $255,597 last year
Days on Market
81
⇧ 39.7% vs 58 days last year

Market Context

Population: 13,237  ·  Density: 1,287.8/mi²  ·  Median household income: $71,432

Typical home value: $184,562  ·  Homeownership: 49.0%

Market Analysis

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

The RICHTON PARK, IL real estate market (60471) currently shows 60 active listings, with 22 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 81 days on market compared to 58 days last year.

The median listing price has risen 8.8% year-over-year, from $227,450 to $247,500.

Whether you are buying or selling in RICHTON PARK, 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: 60 this year vs 37 last year
  • Days on market: 81 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $247,500 (+8.8% YoY)
  • Average: $291,693 (+14.1% 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 10.5 miles — 737 listings ($220,957,362 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60471Richton Park, IL 604710.0 mi60$17,501,580$247,500$291,693
60466Park Forest, IL 604662.4 mi152$25,321,072$160,000$166,586
60461Olympia Fields, IL 604613.3 mi18$6,192,000$344,000$344,000
60449Monee, IL 604495.0 mi28$11,942,588$324,950$426,521
60475Steger, IL 604755.3 mi42$8,691,144$180,000$206,932
60430Homewood, IL 604306.4 mi110$26,793,910$249,000$243,581
60477Tinley Park, IL 604777.1 mi96$30,632,160$290,000$319,085
60425Glenwood, IL 604257.6 mi49$10,916,906$220,000$222,794
60417Crete, IL 604177.9 mi80$33,430,480$327,450$417,881
60476Thornton, IL 604768.9 mi11$2,874,443$257,400$261,313
60448Mokena, IL 604489.4 mi48$36,195,168$549,950$754,066
60445Midlothian, IL 6044510.2 mi37$8,982,009$246,900$242,757
60469Posen, IL 6046910.5 mi6$1,483,902$250,000$247,317

Frequently Asked Questions

How many homes are for sale in RICHTON PARK, IL 60471?

As of January 2026, there are 60 active listings in RICHTON PARK, IL (zip code 60471), compared to 37 the prior year.

What is the median home price in RICHTON PARK, IL 60471?

The median listing price in RICHTON PARK, IL 60471 is $247,500 as of January 2026, a 8.8% increase from $227,450 the prior year.

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

Homes in RICHTON PARK, IL 60471 spend an average of 81 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in RICHTON PARK, IL 60471?

Based on current inventory and days-on-market data as of January 2026, RICHTON PARK, IL 60471 is currently a Buyer's Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 81 days on market compared to 58 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RICHTON PARK, IL 60471 save an estimated $4,950 compared to a typical 5% commission on the median listing price of $247,500. 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.