Homewood Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $124,975
    4% ( $4,925 ) vs Oct 2013
  • Median Sales Price
    $125,000
    9% ( $12,000 ) vs Oct 2013
  • Median Foreclosure Sales Price
    $81,500
    19% ( $13,000 ) vs Oct 2013
  • Foreclosures 210
    Homes for Sale 75
    Recently Sold 287

Market Summary

There are currently 210 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 75.

In November, the number of properties that received a foreclosure filing in Homewood, IL was 31% lower than the previous month and 32% lower than the same time last year.

Home sales for October 2014 were down 19% compared with the previous month, and up 8% compared with a year ago. The median sales price of a non-distressed home was $125,000. The median sales price of a foreclosure home was $81,500, or 35% lower than non-distressed home sales.

Sales Prices - Homewood, IL




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$81,500 (Median Foreclosure Sales Price) $68,500 (Median Foreclosure Sales Price) $35,500 (Median Foreclosure Sales Price) $61,500 (Median Foreclosure Sales Price) $95,000 (Median Foreclosure Sales Price) $96,000 (Median Foreclosure Sales Price) $125,000 (Median Sales Price) $137,000 (Median Sales Price) $145,000 (Median Sales Price) $131,500 (Median Sales Price) $126,750 (Median Sales Price) $129,000 (Median 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) $95,000 (Median Foreclosure Sales Price) $96,000 (Median Foreclosure Sales Price) $125,000 (Median Sales Price) $137,000 (Median Sales Price) $145,000 (Median Sales Price) $131,500 (Median Sales Price) $126,750 (Median Sales Price) $129,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
TINLEY PARK
93
8.8
% (y-o-y)
$190,000
0.0
% (y-o-y)
34.5%
25.3
% (y-o-y)
Lansing
75
59.6
% (y-o-y)
$95,000
7.3
% (y-o-y)
51.1%
30.2
% (y-o-y)
Chicago Heights
68
37.6
% (y-o-y)
$69,000
3.5
% (y-o-y)
38.6%
58.0
% (y-o-y)
Dolton
41
8.9
% (y-o-y)
$36,100
5.0
% (y-o-y)
21.1%
23.7
% (y-o-y)
Oak Forest
40
8.1
% (y-o-y)
$155,000
4.7
% (y-o-y)
34.7%
19.1
% (y-o-y)
Park Forest
38
9.5
% (y-o-y)
$38,000
8.4
% (y-o-y)
24.3%
27.7
% (y-o-y)
South Holland
38
7.3
% (y-o-y)
$127,000
18.7
% (y-o-y)
32.1%
26.6
% (y-o-y)
Country Club Hills
33
5.7
% (y-o-y)
$72,500
38.3
% (y-o-y)
28.3%
63.8
% (y-o-y)
Hazel Crest
31
3.3
% (y-o-y)
$75,500
30.2
% (y-o-y)
27.2%
39.7
% (y-o-y)
Glenwood
24
4.3
% (y-o-y)
$80,000
1.3
% (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: 6.50%
Percentage of vacant homes: 7.46%