From October to December, 6 homes sold in Richmond for a median price of $62,500. That's 65 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 1 home in Richmond was in foreclosure.
Median property tax for homeowners in Richmond was $6,072.75 in 2017 according to tax data from that year. That means homeowners pay 3.4 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
14
$268,223
-
2010
9
$116,594
-56.5%
2011
7
$248,600
113.2%
2012
7
$76,300
-69.3%
2013
5
$144,188
89%
2014
9
$137,800
-4.4%
2015
5
$43,460
-68.5%
2016
14
$165,375
280.5%
2017
13
$178,500
7.9%
2018
6
$62,500
-65%
Median property tax
Median sale price
Effective property tax rate
2010
$1,916.49
$116,594
1.6%
2011
$2,022.29
$248,600
0.8%
2012
$3,994.69
$76,300
5.2%
2013
$716.94
$144,188
0.5%
2014
$3,268.51
$137,800
2.4%
2015
$686.28
$43,460
1.6%
2016
$5,444.88
$165,375
3.3%
2017
$6,072.75
$178,500
3.4%