The median sale price of a home sold in January 2021 in Richmond fell by $62,000 while total sales increased by 100%, according to BlockShopper.com.
In January 2021, there were four homes sold, with a median sale price of $147,750 - a 29.6% decrease over the $209,750 median sale price for the same period of the previous year. There were two homes sold in Richmond in January 2020.
The median sales tax in Richmond for the most recent year with available data, 2019, was $5,193, approximately 3.5% of the median home sale price for January 2021.
The following table compares Richmond to other McHenry County cities with similar median sale prices in January 2021:
| City | Jan. 2021 Home Sales | Jan. 2020 Home Sales | % change (Total Home Sales) | Jan. 2021 Median Sales Price | Jan. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Island Lake | 5 | 4 | 25% | $182,000 | $117,250 | 55.2% |
| Marengo | 15 | 5 | 200% | $180,000 | $212,000 | -15.1% |
| Union | 1 | 0 | - | $178,500 | $0 | - |
| Crystal Manor | 6 | 2 | 200% | $176,500 | $146,000 | 20.9% |
| Crystal Gardens | 2 | 1 | 100% | $172,500 | $130,000 | 32.7% |
| Pistakee Highlands | 11 | 6 | 83.3% | $164,000 | $140,750 | 16.5% |
| Hebron | 4 | 2 | 100% | $162,500 | $143,000 | 13.6% |
| Harvard | 10 | 5 | 100% | $155,500 | $140,000 | 11.1% |
| Richmond | 4 | 2 | 100% | $147,750 | $209,750 | -29.6% |
| Holiday Hills | 1 | 0 | - | $102,000 | $0 | - |
| Wonder Center | 2 | 0 | - | $100,000 | $0 | - |
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