Homewood Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $124,900
    7% ( $10,100 ) vs Feb 2015
  • Median Sales Price
    $128,000
    7% ( $8,500 ) vs Feb 2015
  • Median Foreclosure Sales Price
    $90,000
    41% ( $26,000 ) vs Feb 2015
  • Foreclosures 201
    Homes for Sale 82
    Recently Sold 193

Market Summary

There are currently 201 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 82.

In March, the number of properties that received a foreclosure filing in Homewood, IL was 4% higher than the previous month and 50% lower than the same time last year.

Home sales for February 2016 were down 8% compared with the previous month, and down 27% compared with a year ago. The median sales price of a non-distressed home was $128,000. The median sales price of a foreclosure home was $90,000, or 30% lower than non-distressed home sales.

Sales Prices - Homewood, IL




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$90,000 (Median Foreclosure Sales Price) $64,000 (Median Foreclosure Sales Price) $72,500 (Median Foreclosure Sales Price) $65,000 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $60,000 (Median Foreclosure Sales Price) $128,000 (Median Sales Price) $119,500 (Median Sales Price) $126,000 (Median Sales Price) $89,550 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $90,000 (Median Foreclosure Sales Price) $64,000 (Median Foreclosure Sales Price) $72,500 (Median Foreclosure Sales Price) $65,000 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $60,000 (Median Foreclosure Sales Price) $128,000 (Median Sales Price) $119,500 (Median Sales Price) $126,000 (Median Sales Price) $89,550 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago Heights
89
89.4
% (y-o-y)
$61,000
5.4
% (y-o-y)
49.6%
45.0
% (y-o-y)
TINLEY PARK
63
57.5
% (y-o-y)
$169,500
1.0
% (y-o-y)
11.5%
25.5
% (y-o-y)
Lansing
53
43.2
% (y-o-y)
$85,000
15.0
% (y-o-y)
48.8%
47.8
% (y-o-y)
Dolton
42
121.1
% (y-o-y)
$33,780
9.0
% (y-o-y)
3.8%
21.0
% (y-o-y)
South Holland
42
44.8
% (y-o-y)
$115,000
3.4
% (y-o-y)
40.4%
34.9
% (y-o-y)
Oak Forest
41
86.4
% (y-o-y)
$154,750
12.5
% (y-o-y)
2.1%
25.3
% (y-o-y)
Park Forest
41
86.4
% (y-o-y)
$40,000
25.0
% (y-o-y)
33.1%
32.0
% (y-o-y)
Matteson
33
153.8
% (y-o-y)
$148,000
19.6
% (y-o-y)
39.2%
37.4
% (y-o-y)
Harvey
29
70.6
% (y-o-y)
$31,375
20.7
% (y-o-y)
55.4%
11.5
% (y-o-y)
Country Club Hills
28
21.7
% (y-o-y)
$120,000
111.3
% (y-o-y)
55.4%
25.6
% (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: 6.80%
Percentage of vacant homes: 7.46%

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