Homewood Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $144,900
    12% ( $15,000 ) vs Dec 2013
  • Median Sales Price
    $130,000
    2% ( $2,500 ) vs Dec 2013
  • Median Foreclosure Sales Price
    $91,500
    14% ( $15,500 ) vs Dec 2013
  • Foreclosures 194
    Homes for Sale 81
    Recently Sold 211

Market Summary

There are currently 194 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 81.

In January, the number of properties that received a foreclosure filing in Homewood, IL was 10% higher than the previous month and 36% higher than the same time last year.

Home sales for December 2014 were down 100% compared with the previous month, and down 100% compared with a year ago. The median sales price of a non-distressed home was $130,000. The median sales price of a foreclosure home was $91,500, or 30% lower than non-distressed home sales.

Sales Prices - Homewood, IL




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$91,500 (Median Foreclosure Sales Price) $107,000 (Median Foreclosure Sales Price) $81,500 (Median Foreclosure Sales Price) $68,500 (Median Foreclosure Sales Price) $35,500 (Median Foreclosure Sales Price) $61,500 (Median Foreclosure Sales Price) $130,000 (Median Sales Price) $127,500 (Median Sales Price) $125,000 (Median Sales Price) $137,000 (Median Sales Price) $145,000 (Median Sales Price) $131,500 (Median Sales Price) $91,500 (Median Foreclosure Sales Price) $107,000 (Median Foreclosure Sales Price) $81,500 (Median Foreclosure Sales Price) $68,500 (Median Foreclosure Sales Price) $35,500 (Median Foreclosure Sales Price) $61,500 (Median Foreclosure Sales Price) $130,000 (Median Sales Price) $127,500 (Median Sales Price) $125,000 (Median Sales Price) $137,000 (Median Sales Price) $145,000 (Median Sales Price) $131,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Dolton
18
56.1
% (y-o-y)
$26,250
57.8
% (y-o-y)
10.5%
47.8
% (y-o-y)
Chicago Heights
17
74.6
% (y-o-y)
$46,500
35.4
% (y-o-y)
29.0%
56.3
% (y-o-y)
Matteson
16
50.0
% (y-o-y)
$133,000
10.8
% (y-o-y)
43.6%
28.8
% (y-o-y)
Country Club Hills
14
61.1
% (y-o-y)
$122,500
44.1
% (y-o-y)
58.8%
44.1
% (y-o-y)
Oak Forest
10
67.7
% (y-o-y)
$155,000
0.0
% (y-o-y)
34.8%
36.8
% (y-o-y)
TINLEY PARK
9
90.5
% (y-o-y)
$163,000
8.4
% (y-o-y)
29.4%
24.2
% (y-o-y)
Park Forest
8
73.3
% (y-o-y)
$30,000
42.9
% (y-o-y)
15.0%
48.6
% (y-o-y)
Richton Park
8
57.9
% (y-o-y)
$76,250
7.0
% (y-o-y)
24.6%
18.3
% (y-o-y)
South Holland
7
72.0
% (y-o-y)
$123,250
38.9
% (y-o-y)
49.7%
13.8
% (y-o-y)
Hazel Crest
7
78.1
% (y-o-y)
$58,000
3.6
% (y-o-y)
Data not available

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: 6.00%
Percentage of vacant homes: 7.46%