Hometown, IL Home Values & Market Trends

Real estate market trends reflect that there have been 71 transactions over the past year in Hometown. The median value for residential home transactions that occurred over the previous year is $201,059.45. The number of current listings in Hometown is 4, and the percentage of properties for sale in the city is 4.00%. Hometown, IL currently has 9 properties in foreclosure, 2 bank owned properties, 1 properties headed for auction, and 4 properties for sale.

Hometown, IL Real Estate Market Overview

ZipMedian Est. Value
60456

$ 223,745

$ 196/sqft

Housing Market Summary for Hometown, IL

Apr 2023March 2024Change
Median Listing Price$189.9K$188.6K-0.69%
Median Sold Price$190K$188.6K-0.74%
Homes For Sale53-40.00%
Homes Sold3931-20.51%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Hometown, IL

Hometown home values range from $106,070 to $429,968. The median estimated value of a home in Hometown is $201,059.45. The median list price of a home is 194,945, and the total count of properties in the city is 1,497.

Foreclosure
There is 1 zips within Hometown, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $268,083 in 60456 to the lowest value of $161,755 in 60456. Foreclosure homes account for 0.00% of properties in Hometown, IL with 60456 containing 9 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.40% of all residential properties in Hometown, IL with 60456 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Hometown, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $268,083 in 60456 to the lowest home value of $177,240 in 60456.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Hometown, IL ranges from the highest value of $264,691 in 60456 to the lowest value of $161,755 in 60456. Bank owned homes and properties account for 0.13% of properties in Hometown, IL. There is 1 zips within Hometown, IL; 60456 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60456 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Hometown, IL. Auction homes and other auction properties account for 0.07% of all properties in Hometown, IL. There is 1 zips within Hometown, IL; of that zips, the median estimated home value for homes going to auction ranges from $201,834 in 60456 to the lowest value of $201,834 in 60456.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.27% of residential properties in Hometown, IL with 60456 containing 4 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Hometown, IL; homes for sale in that zips, have a range of median values from $235,000 in 60456 to the lowest value of $191,291 in 60456.
    Sold Homes
    The median value for recently sold homes ranges from $284,009 in 60456 to the lowest price of $110,484 in 60456. There is 1 zips within Hometown, IL. 60456 has 42 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.61% of properties in Hometown, IL.

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      Guide for Hometown, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Hometown, IL

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