Housing & Real Estate — Richmond, Illinois

Overview

Total Housing Units1,373
Occupied1,215
Vacant158
Owner-Occupied673
Renter-Occupied542
Median Home Value (Census)$238,600
Estimated 2026~$272,000
Median Rent$1,183/mo
Median Property Tax$5,848/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income19.4%
Severely Rent-Burdened22.6%

Housing Age

Built 2010 or later91
Built 2000-2009436
Built 1990-1999224
Built before 1960275
Median Year Built1991
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.