Home prices
The median home in Richton Park costs $146,000. It is approximately $16,580 (10%) lower compared to other places in this area.It is roughly $71,500 (32%) lower in comparison to the nation as a whole, and in comparison to the city of Chicago is about $112,000 (43%) lower.
Rents
The median monthly rent in Richton Park is $1,073. Compared to other places in this area it is approximately $227 (17%) lower.Compared to the US as a whole it is approximately $11 (1%) higher, and in comparison to the city of Chicago is approximately $39 (3%) lower.
Nearby places
Matteson
Matteson is Richton Park's neighbor to the north. The real estate prices there are somewhat more expensive. The median home value in Matteson is $165,100, which works out to $19,100 (11%) higher than Richton Park. Its rents are a bit more expensive. Matteson's median monthly rent is $1,227, which is $154 (12%) higher than Richton Park.
Park Forest
Park Forest is Richton Park's neighbor to the east. Its housing prices are substantially less expensive. The median home in Park Forest costs $73,600, which works out to $72,400 (98%) lower than Richton Park. The rent there is a little more expensive. Park Forest's median rent is $1,211 a month, which is $138 (11%) higher than Richton Park.
University Park
University Park is Richton Park's neighbor to the southeast. The real estate prices there are somewhat less expensive. The median home cost in University Park is $124,100, which is $21,900 (17%) lower than Richton Park. Its rents are somewhat less expensive. In University Park the median monthly rent is $978, which is $95 (9%) lower than Richton Park.
Olympia Fields
Olympia Fields is about 3 miles northeast of Richton Park. The real estate prices there are a lot more expensive. The median home cost in Olympia Fields is $226,500, which is $80,500 (35%) higher than Richton Park. The rent there is a lot more expensive. Olympia Fields's median rent is $1,866 a month, which comes out to $793 (42%) higher than Richton Park.
Frankfort Square
Frankfort Square is roughly 3 miles northwest from Richton Park. Real estate prices there are a lot more expensive. The median home in Frankfort Square is valued at $223,600, which works out to $77,600 (34%) higher than Richton Park. The rent there is somewhat more expensive. Frankfort Square's median monthly rent is $1,220, which is $147 (12%) higher than Richton Park.
