Homewood Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $145,000
    10% ( $13,700 ) vs Nov 2014
  • Median Sales Price
    $89,550
    0% ( $0 ) vs Nov 2014
  • Median Foreclosure Sales Price
    $65,000
    19% ( $15,000 ) vs Nov 2014
  • Foreclosures 182
    Homes for Sale 74
    Recently Sold 236

Market Summary

There are currently 182 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 74.

In December, the number of properties that received a foreclosure filing in Homewood, IL was 16% higher than the previous month and 29% lower than the same time last year.

Home sales for November 2015 were up 900% compared with the previous month, and down 47% compared with a year ago. The median sales price of a non-distressed home was $89,550. The median sales price of a foreclosure home was $65,000, or 27% lower than non-distressed home sales.

Sales Prices - Homewood, IL




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$65,000 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $60,000 (Median Foreclosure Sales Price) $67,000 (Median Foreclosure Sales Price) $74,750 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $89,550 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $126,000 (Median Sales Price) $130,000 (Median Sales Price) $130,500 (Median Sales Price) $65,000 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $60,000 (Median Foreclosure Sales Price) $67,000 (Median Foreclosure Sales Price) $74,750 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $89,550 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $126,000 (Median Sales Price) $130,000 (Median Sales Price) $130,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Oak Forest
100
177.8
% (y-o-y)
$112,500
27.4
% (y-o-y)
6.2%
34.8
% (y-o-y)
Chicago Heights
71
7.6
% (y-o-y)
$78,250
9.4
% (y-o-y)
63.3%
45.9
% (y-o-y)
TINLEY PARK
62
11.4
% (y-o-y)
$150,500
19.5
% (y-o-y)
7.0%
33.7
% (y-o-y)
Park Forest
36
12.5
% (y-o-y)
$78,500
137.9
% (y-o-y)
70.2%
19.7
% (y-o-y)
Lansing
35
7.9
% (y-o-y)
$111,500
23.9
% (y-o-y)
49.3%
51.4
% (y-o-y)
Dolton
34
6.3
% (y-o-y)
$96,000
233.9
% (y-o-y)
67.7%
14.8
% (y-o-y)
South Holland
34
25.9
% (y-o-y)
$98,000
21.0
% (y-o-y)
37.0%
44.6
% (y-o-y)
Country Club Hills
31
210.0
% (y-o-y)
$93,000
22.3
% (y-o-y)
38.2%
57.2
% (y-o-y)
Richton Park
22
46.7
% (y-o-y)
$114,500
121.3
% (y-o-y)
57.4%
21.7
% (y-o-y)
Hazel Crest
21
12.5
% (y-o-y)
$77,500
29.2
% (y-o-y)
63.5%
8.3
% (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: 5.30%
Percentage of vacant homes: 7.46%

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