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RICHVIEW, IL 62877

Real Estate Market Report  ·  Washington County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
1
50% pending ratio
Median Price
$99,500
⇩ 23.4% vs $129,900 last year
Average Price
$99,500
⇩ 23.4% vs $129,900 last year
Days on Market
59
⇩ 49.1% vs 116 days last year

Market Context

Population: 441  ·  Density: 5.4/mi²  ·  Median household income: $70,795

Typical home value: $101,401  ·  Homeownership: 91.8%

Market Analysis

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

The RICHVIEW, IL real estate market (62877) currently shows 2 active listings, with 1 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 59 days on market compared to 116 days last year.

The median listing price has fallen 23.4% year-over-year, from $129,900 to $99,500.

Whether you are buying or selling in RICHVIEW, 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: 2 this year vs 3 last year
  • Days on market: 59 now vs 116 last year

Median & Average Pricing

Year over Year
  • Median: $99,500 (-23.4% YoY)
  • Average: $99,500 (-23.4% 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 21.7 miles — 177 listings ($37,951,280 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62877Richview, IL 628770.0 mi2$199,000$99,500$99,500
62808Ashley, IL 628086.1 mi2$353,266$179,900$176,633
62876Radom, IL 628767.8 mi1$160,000$160,000$160,000
62801Centralia, IL 628019.1 mi61$11,470,989$164,200$188,049
62893Walnut Hill, IL 6289310.9 mi1$0$0$0
62263Nashville, IL 6226311.1 mi10$2,433,250$254,950$243,325
62894Waltonville, IL 6289415.4 mi1$85,000$85,000$85,000
62864Mount Vernon, IL 6286416.9 mi75$19,102,875$240,000$254,705
62271Okawville, IL 6227117.5 mi4$1,036,000$219,000$259,000
62853Kell, IL 6285318.0 mi2$240,000$120,000$120,000
62231Carlyle, IL 6223118.7 mi14$2,160,900$164,900$154,350
62268Oakdale, IL 6226819.2 mi3$450,000$150,000$150,000
62214Addieville, IL 6221421.7 mi1$260,000$260,000$260,000

Frequently Asked Questions

How many homes are for sale in RICHVIEW, IL 62877?

As of January 2026, there are 2 active listings in RICHVIEW, IL (zip code 62877), compared to 3 the prior year.

What is the median home price in RICHVIEW, IL 62877?

The median listing price in RICHVIEW, IL 62877 is $99,500 as of January 2026, a 23.4% decrease from $129,900 the prior year.

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

Homes in RICHVIEW, IL 62877 spend an average of 59 days on the market before going under contract, compared to 116 days the prior year.

Is it a seller's or buyer's market in RICHVIEW, IL 62877?

Based on current inventory and days-on-market data as of January 2026, RICHVIEW, IL 62877 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 59 days on market compared to 116 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RICHVIEW, IL 62877 save an estimated $1,990 compared to a typical 5% commission on the median listing price of $99,500. 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.