Richview, IL—62877
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Richview, IL
Richview, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $125,000 | 14.3% |
| Single Family | $125,000 | 14.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Richview, IL
Richview, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Richview, IL
As of Nov '25, Realtor.com reports that the median days on market for a home in Richview, IL is 7. This is a increase of 123.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $110,000 | -10.0% |
Listing Count | 1 | -81.0% |
| Listings as % of Homes | N/A | -81.0% |
Days on Market | 7 | 123.0% |
Demographics — Richview, IL
As of the latest ACS Survey released in 2023, Richview, IL has a population of 446, which has decreased by -22.4% over the past 5 years. Richview, IL is a moderately popular place for families, as children make up 18.4% of the population. The area has a moderately educated workforce, with 27.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 446 | -22.4% |
% Under 18 | 18.4% | -5.6% |
% Seniors | 29.6% | 35.2% |
% WFH | 7.4% | -7.5% |
% w/ College Degree | 27.1% | 58.5% |
As of the latest ACS Survey released in 2023, Richview, IL is a predominantly white area, with 98.0% of the population identifying as white. The white population has grown by 4.7% in the last 5 years. The second most common race or ethnicity in Richview, IL is black, making up 0.0% of the population. Foreign-born residents account for 1.8% of the population in Richview, IL, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 98.0% | 4.7% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 1.8% | ∞% |
Mortgage and Risk — Richview, IL
Richview, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Rentals and Section 8 — Richview, IL
Richview, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | N/A | N/A | $1,090 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,520 |
Affordability — Richview, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.4 |
| Median Home Price | $125,000 |
| Median Household Income | $74,600 |