The Richland housing market is very competitive. The median sale price of a home in Richland was $183K last month, down 13.1% since last year. The median sale price per square foot in Richland is $154, up 16.7% since last year.
What is the housing market like in Richland today?
In March 2024, Richland home prices were down 13.1% compared to last year, selling for a median price of $183K. On average, homes in Richland sell after 33 days on the market compared to 49 days last year. There were 4 homes sold in March this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$182,500
-13.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Richland, IL
$182,500
-13.1%
United States
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How hot is the Richland housing market?
Richland is very competitive. Homes sell in 7 days.
0
100
81
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 7 days.
Hot homes
can sell for about 5% above list price and go pending in around 4 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Richland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Richland.
Risk Factor
Flood Factor - Moderate
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Richland has a moderate risk of flooding. 85 properties in Richland are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Richland. Flood risk is increasing slower than the national average.