Homewood Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $140,000
    6% ( $9,000 ) vs Jun 2014
  • Median Sales Price
    $130,500
    7% ( $9,500 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $73,500
    6% ( $4,000 ) vs Jun 2014
  • Foreclosures 160
    Homes for Sale 96
    Recently Sold 74

Market Summary

There are currently 160 properties in Homewood, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 96.

In July, the number of properties that received a foreclosure filing in Homewood, IL was 40% higher than the previous month and 16% lower than the same time last year.

Home sales for June 2015 were up 69% compared with the previous month, and up 47% compared with a year ago. The median sales price of a non-distressed home was $130,500. The median sales price of a foreclosure home was $73,500, or 44% lower than non-distressed home sales.

Sales Prices - Homewood, IL




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$73,500 (Median Foreclosure Sales Price) $69,500 (Median Foreclosure Sales Price) $75,000 (Median Foreclosure Sales Price) $70,000 (Median Foreclosure Sales Price) $70,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $130,500 (Median Sales Price) $140,000 (Median Sales Price) $125,000 (Median Sales Price) $121,000 (Median Sales Price) $103,250 (Median Sales Price) $132,500 (Median Sales Price) $73,500 (Median Foreclosure Sales Price) $69,500 (Median Foreclosure Sales Price) $75,000 (Median Foreclosure Sales Price) $70,000 (Median Foreclosure Sales Price) $70,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $130,500 (Median Sales Price) $140,000 (Median Sales Price) $125,000 (Median Sales Price) $121,000 (Median Sales Price) $103,250 (Median Sales Price) $132,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
TINLEY PARK
49
47.9
% (y-o-y)
$181,000
1.1
% (y-o-y)
35.4%
33.0
% (y-o-y)
Lansing
40
60.0
% (y-o-y)
$87,000
7.4
% (y-o-y)
31.3%
47.6
% (y-o-y)
Chicago Heights
38
29.6
% (y-o-y)
$63,000
34.0
% (y-o-y)
27.0%
50.0
% (y-o-y)
Country Club Hills
31
244.4
% (y-o-y)
$69,000
44.8
% (y-o-y)
29.7%
55.6
% (y-o-y)
Dolton
31
18.4
% (y-o-y)
$59,000
7.3
% (y-o-y)
51.7%
57.3
% (y-o-y)
Matteson
31
34.8
% (y-o-y)
$120,500
3.6
% (y-o-y)
48.5%
25.6
% (y-o-y)
Oak Forest
27
41.3
% (y-o-y)
$149,000
6.9
% (y-o-y)
26.8%
20.2
% (y-o-y)
Park Forest
25
13.8
% (y-o-y)
$40,000
2.6
% (y-o-y)
22.5%
28.8
% (y-o-y)
South Holland
23
14.8
% (y-o-y)
$122,250
15.3
% (y-o-y)
56.2%
29.5
% (y-o-y)
Hazel Crest
20
25.0
% (y-o-y)
$125,000
78.6
% (y-o-y)
59.6%
27.9
% (y-o-y)

Local Info For Homewood

Population:
19,328
Cost of Living Index: 112.41
Crime Index: 90.40     Rating: B View crime details
Schools: 3    Average School Rating: B View individual school rating
Household Median Income: $71,195
Unemployment: 6.50%
Percentage of vacant homes: 7.46%