Richton Park Real Estate Market Sees Home Sales Decline

The Richton Park market slowed with a 35.7% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 13.4 monthly average with nine homes sold. On the other hand, close-by Tinley Park registered 73 homes sold in the same time frame, the most of all surrounding cities. Prices are rising in Richton Park, and the median sales price this period increased from $88,754 to $113,000. Richton Park is a solid buyer's market, due to a big seven months of inventory left and aided by the dip in sales.

Looking for a more classic home in Richton Park? These are older homes currently available in the market:

$124K   $124K   $141K  

Get started right now by checking out Richton Park homes for sale or reviewing Richton Park real estate trends.

Demographic facts for Richton Park:

  • There are 7.3% vacant homes.
  • This area usually gets 185 sunny days each year. (U.S. average: 205)
  • There are 930 students for every librarian. (803 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Wilk Real Estate
4 reviews
Infiniti Properties, Inc.
Snapped 1 home in this area
Flipside Realty
Snapped 5 homes in this area

Agents that specialize in this area
1 snap in this area
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