Zip 60071 (Richmond, IL) Housing

Housing in 60071 Richmond, IL is a great investment compared to the US average. The median housing value in this area is $275,000, which is lower than the national median of $338,100. In addition, house appreciation over the past year has been 8.83%, higher than the national average of 8.27%. With these factors combined, housing in 60071 Richmond provides a great opportunity for those looking to buy or invest in property.

The median home cost in Richmond (zip 60071) is $275,000. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Richmond (zip 60071) is up 14.5%.

Average Age of Homes

- The median age of Richmond (zip 60071) real estate is 33 years old

The Rental Market in Richmond (zip 60071)

- Renters make up 31.6% of the Richmond (zip 60071) population
- 1.4% of houses and apartments in Richmond (zip 60071), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Richmond, Illinois	United States
	2,127.0	139,647,020.0
	33	42
	$275,000	$338,100
	14.5%	16.6%
	31.8%	57.0%
	54.6%	101.1%
	$23.88	$10.98
	$6,824	$2,690
	59.9%	57.4%
	12.3%	11.2%
	27.9%	31.4%
Vacant Housing
	1.4%	1.9%
	5.9%	0.4%
	3.2%	0.7%
	0.0%	0.4%
	0.9%	3.6%
	0.8%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.0%	2.4%
	0.9%	2.8%
	0.6%	3.9%
	5.3%	4.5%
	8.2%	11.3%
	12.8%	13.0%
	27.4%	20.1%
	29.2%	13.6%
	10.4%	8.3%
	4.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	26.8%	13.6%
	26.8%	13.6%
	14.8%	13.6%
	15.7%	13.2%
	16.8%	14.8%
	14.8%	13.6%
	7.1%	10.0%
	2.8%	4.7%
	7.8%	12.2%

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