Construction Value
$834K ▼ 48%
Units Permitted
3 ▼ 57.1%
Avg Value / Unit
$278K
2024 · Census Bureau Building Permits Survey
Construction activity in Richmond slowed in 2024, down 57.1% from the prior year with 3 housing units permitted. At $278K per unit, new builds are running 20% above the McHenry County average of $232K, pointing to higher-end construction. Volume is still modest compared to neighboring towns (96% fewer units than the county average of 67), but the investment per project is strong. All permits were for single-family homes.
Housing Mixi
Development Densityi
Units per building permitted
All construction is single-family detached homes.
Construction Intensityi
$318
per resident
County avg: $11K-97%
$194K
per square mile
Richmond vs. McHenry County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 3 | 3 | $834K | 100% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 0 | 0 | — | 0% |
County Ranking by Construction Volume
Among 25 permit-issuing towns in McHenry County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →
Village Hall
5600 Hunter Dr, Richmond, IL 60071Mon-Fri 8:00 AM - 4:00 PM