Homewood Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $160,000
    0% ( $100 ) vs Jun 2015
  • Median Sales Price
    $127,500
    13% ( $14,500 ) vs Jun 2015
  • Median Foreclosure Sales Price
    $56,950
    2% ( $1,450 ) vs Jun 2015
  • Foreclosures 195
    Homes for Sale 88
    Recently Sold 86

Market Summary

There are currently 195 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 88.

In July, the number of properties that received a foreclosure filing in Homewood, IL was 36% lower than the previous month and 33% lower than the same time last year.

Home sales for June 2016 were up 0% compared with the previous month, and down 64% compared with a year ago. The median sales price of a non-distressed home was $127,500. The median sales price of a foreclosure home was $56,950, or 55% lower than non-distressed home sales.

Sales Prices - Homewood, IL




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$56,950 (Median Foreclosure Sales Price) $58,400 (Median Foreclosure Sales Price) $65,500 (Median Foreclosure Sales Price) $88,000 (Median Foreclosure Sales Price) $90,000 (Median Foreclosure Sales Price) $64,000 (Median Foreclosure Sales Price) $127,500 (Median Sales Price) $113,000 (Median Sales Price) $115,500 (Median Sales Price) $103,500 (Median Sales Price) $128,000 (Median Sales Price) $119,500 (Median Sales Price) $56,950 (Median Foreclosure Sales Price) $58,400 (Median Foreclosure Sales Price) $65,500 (Median Foreclosure Sales Price) $88,000 (Median Foreclosure Sales Price) $90,000 (Median Foreclosure Sales Price) $64,000 (Median Foreclosure Sales Price) $127,500 (Median Sales Price) $113,000 (Median Sales Price) $115,500 (Median Sales Price) $103,500 (Median Sales Price) $128,000 (Median Sales Price) $119,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago Heights
22
43.6
% (y-o-y)
$66,250
5.2
% (y-o-y)
44.9%
27.0
% (y-o-y)
Dolton
21
32.3
% (y-o-y)
$72,250
22.5
% (y-o-y)
67.1%
51.7
% (y-o-y)
TINLEY PARK
21
64.4
% (y-o-y)
$207,000
12.5
% (y-o-y)
40.1%
33.3
% (y-o-y)
Hazel Crest
16
23.8
% (y-o-y)
$112,500
10.0
% (y-o-y)
56.0%
59.6
% (y-o-y)
Park Forest
15
42.3
% (y-o-y)
$48,250
20.6
% (y-o-y)
52.3%
22.5
% (y-o-y)
South Holland
15
34.8
% (y-o-y)
$106,000
13.3
% (y-o-y)
41.5%
56.2
% (y-o-y)
Matteson
14
58.8
% (y-o-y)
$160,000
32.8
% (y-o-y)
16.6%
48.5
% (y-o-y)
Glenwood
13
30.0
% (y-o-y)
$126,500
68.7
% (y-o-y)
45.5%
0.0
% (y-o-y)
Country Club Hills
13
58.1
% (y-o-y)
$119,000
72.5
% (y-o-y)
54.4%
29.7
% (y-o-y)
Lansing
10
75.6
% (y-o-y)
$107,500
23.6
% (y-o-y)
62.8%
31.3
% (y-o-y)

Local Info For Homewood

Population:
19,328
Cost of Living Index: 112.41
Crime Index: 37.99     Rating: A- View crime details
Schools: 3    Average School Rating: B View individual school rating
Household Median Income: $71,195
Unemployment: 6.40%
Percentage of vacant homes: 7.46%

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