Homewood Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $145,000
    7% ( $10,100 ) vs May 2013
  • Median Sales Price
    $129,000
    8% ( $9,000 ) vs May 2013
  • Median Foreclosure Sales Price
    $96,000
    12% ( $10,375 ) vs May 2013
  • Foreclosures 251
    Homes for Sale 110
    Recently Sold 235

Market Summary

There are currently 251 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 110.

In June, the number of properties that received a foreclosure filing in Homewood, IL was 29% lower than the previous month and 38% lower than the same time last year.

Home sales for May 2014 were up 71% compared with the previous month, and up 7% compared with a year ago. The median sales price of a non-distressed home was $129,000. The median sales price of a foreclosure home was $96,000, or 26% lower than non-distressed home sales.

Sales Prices - Homewood, IL




Add this chart to your website.

$96,000 (Median Foreclosure Sales Price) $85,625 (Median Foreclosure Sales Price) $75,000 (Median Foreclosure Sales Price) $71,000 (Median Foreclosure Sales Price) $74,500 (Median Foreclosure Sales Price) $82,250 (Median Foreclosure Sales Price) $129,000 (Median Sales Price) $120,000 (Median Sales Price) $123,000 (Median Sales Price) $120,500 (Median Sales Price) $125,000 (Median Sales Price) $119,000 (Median Sales Price) $96,000 (Median Foreclosure Sales Price) $85,625 (Median Foreclosure Sales Price) $75,000 (Median Foreclosure Sales Price) $71,000 (Median Foreclosure Sales Price) $74,500 (Median Foreclosure Sales Price) $82,250 (Median Foreclosure Sales Price) $129,000 (Median Sales Price) $120,000 (Median Sales Price) $123,000 (Median Sales Price) $120,500 (Median Sales Price) $125,000 (Median Sales Price) $119,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac can supply you with this data through reports or a data license. Contact us now!

Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
TINLEY PARK
86
7.5
% (y-o-y)
$175,000
7.7
% (y-o-y)
34.3%
26.2
% (y-o-y)
Chicago Heights
83
29.7
% (y-o-y)
$46,500
7.0
% (y-o-y)
36.6%
36.7
% (y-o-y)
Lansing
42
43.2
% (y-o-y)
$82,000
9.9
% (y-o-y)
47.6%
51.1
% (y-o-y)
South Holland
36
20.0
% (y-o-y)
$106,500
6.6
% (y-o-y)
27.2%
32.7
% (y-o-y)
Matteson
35
31.4
% (y-o-y)
$120,000
1.8
% (y-o-y)
27.5%
26.8
% (y-o-y)
Park Forest
30
38.8
% (y-o-y)
$40,000
23.1
% (y-o-y)
28.8%
48.1
% (y-o-y)
Oak Forest
29
14.7
% (y-o-y)
$161,000
7.3
% (y-o-y)
26.4%
29.7
% (y-o-y)
Markham
27
17.4
% (y-o-y)
$34,750
17.3
% (y-o-y)
25.9%
50.0
% (y-o-y)
Dolton
27
25.0
% (y-o-y)
$46,000
45.9
% (y-o-y)
45.7%
60.3
% (y-o-y)
Country Club Hills
23
50.0
% (y-o-y)
$117,500
41.1
% (y-o-y)
51.5%
38.7
% (y-o-y)

Local Info For Homewood

Population:
19,328
Cost of Living Index: 112.41
Crime Index: 38.34     Rating: A- View crime details
Schools: 3    Average School Rating: B View individual school rating
Household Median Income: $71,195
Unemployment: 7.70%
Percentage of vacant homes: 7.46%