From April to June, 25 homes sold in Richmond for a median price of $135,500. That's 17.9 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Richmond.
Median property tax for homeowners in Richmond was $4,407.92 in 2017 according to tax data from that year. That means homeowners pay 2.7 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Richmond real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
4
$152,945
-
2010
15
$251,370
64.4%
2011
6
$104,756
-58.3%
2012
3
$115,407
10.2%
2013
11
$43,740
-62.1%
2014
8
$141,775
224.1%
2015
13
$93,280
-34.2%
2016
6
$189,000
102.6%
2017
16
$164,985
-12.7%
2018
25
$135,500
-17.9%
Median property tax
Median sale price
Effective property tax rate
2010
$3,540.90
$251,370
1.4%
2011
$1,807.02
$104,756
1.7%
2012
$4,057.43
$115,407
3.5%
2013
$1,470.18
$43,740
3.4%
2014
$4,036.82
$141,775
2.8%
2015
$3,888.97
$93,280
4.2%
2016
$4,523.65
$189,000
2.4%
2017
$4,407.91
$164,985
2.7%
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