Condos InRichmond, IL

Richmond, IL Condo Market Report (In last 12 months)

Avg. List Price

$132,939 ($173/Sqft.)

Year-Over-Year List Price

2.28%

Total Listings

Avg. Days on Market

Avg. Sale Price

$131,691 ($166/Sqft.)

Year-Over-Year Sale Price

1.22%

Total Sold

Avg. HOA Fees/Sqft.

$4/monthly

Richmond, IL Condo Market Overview

Welcome to Richmond, an charming small town that beautifully merges a picturesque countryside vibe with modern living. Nestled within scenic landscapes, this hidden gem offers a dynamic condo market catering to both luxury seekers and budget-conscious buyers alike. Experience captivating views of rolling hills and serene lakes while enjoying the convenience of community living. Prime neighborhoods, such as Richmond's historic downtown area, feature exquisite condos that showcase both architectural character and contemporary amenities, perfect for those who appreciate a touch of elegance. For a cozier feel, discover inviting garden-style condo complexes, ideal for first-time homebuyers or those seeking a quiet retreat with easy access to nature trails. Richmond’s vibrant community spirit is palpable through local farmers' markets, charming shops, and annual festivals, making it a delightful place to call home. With diverse options and a warm atmosphere, this quaint town welcomes you to embrace a fulfilling lifestyle enveloped in natural beauty.

Condos For Sale In Richmond, IL

Popular Condos Neighborhoods in Richmond, IL

Explore Richmond, IL Neighborhoods

Richmond is a charming small town that captures the essence of community spirit and rustic beauty. With its picturesque landscapes, vibrant local shops, and a rich history reflected in its well-preserved architecture, the town offers a serene retreat while still embracing modern amenities and engaging events throughout the year.

Frequently Asked Questions About Richmond, IL

What is it like to live in Richmond?

Richmond provides a small-town atmosphere with a tight-knit community and access to essential amenities. The real estate market features a mix of single-family homes and newer developments, appealing to various buyers. Public transportation options are limited, but residents enjoy scenic outdoor spaces and a tranquil lifestyle.

What is it like to live in Richmond?

Is Richmond expensive?

Richmond has a lower cost of living compared to national averages, with median home prices around $150,000 to $250,000. Housing options typically include single-family homes and townhouses, providing affordability for prospective buyers.

Is Richmond expensive?

How much is a condo in Richmond?

The average price of a condo in Richmond is approximately $150,000 to $250,000, depending on location, size, and amenities. The market is characterized by more affordable housing options compared to larger metropolitan areas.

How much is a condo in Richmond?

What are the safest neighborhoods in Richmond?

Richmond features neighborhoods like the Historic District and N. 4th Street, which are considered among the safest due to their low crime rates and community engagement. The city has a close-knit community atmosphere, making it conducive to family living and attracting new residents.