Homewood Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $139,900
    12% ( $15,000 ) vs Mar 2015
  • Median Sales Price
    $103,500
    19% ( $24,500 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $88,000
    2% ( $2,000 ) vs Mar 2015
  • Foreclosures 193
    Homes for Sale 84
    Recently Sold 158

Market Summary

There are currently 193 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 84.

In April, the number of properties that received a foreclosure filing in Homewood, IL was 28% higher than the previous month and 33% higher than the same time last year.

Home sales for March 2016 were up 155% compared with the previous month, and up 211% compared with a year ago. The median sales price of a non-distressed home was $103,500. The median sales price of a foreclosure home was $88,000, or 15% lower than non-distressed home sales.

Sales Prices - Homewood, IL




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$88,000 (Median Foreclosure 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) $103,500 (Median 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) $88,000 (Median Foreclosure 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) $103,500 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago Heights
74
94.7
% (y-o-y)
$52,000
26.2
% (y-o-y)
34.6%
50.4
% (y-o-y)
TINLEY PARK
74
131.3
% (y-o-y)
$178,250
8.7
% (y-o-y)
20.1%
9.9
% (y-o-y)
Lansing
46
130.0
% (y-o-y)
$79,000
9.7
% (y-o-y)
45.6%
31.4
% (y-o-y)
South Holland
40
122.2
% (y-o-y)
$108,000
1.9
% (y-o-y)
44.4%
36.8
% (y-o-y)
Hazel Crest
38
171.4
% (y-o-y)
$85,000
15.6
% (y-o-y)
39.6%
43.5
% (y-o-y)
Dolton
35
40.0
% (y-o-y)
$45,000
66.7
% (y-o-y)
32.2%
7.4
% (y-o-y)
Matteson
34
126.7
% (y-o-y)
$130,000
4.0
% (y-o-y)
19.2%
20.6
% (y-o-y)
Oak Forest
32
113.3
% (y-o-y)
$155,750
11.3
% (y-o-y)
5.0%
40.0
% (y-o-y)
Park Forest
32
23.1
% (y-o-y)
$40,000
15.9
% (y-o-y)
28.8%
40.6
% (y-o-y)
Country Club Hills
25
13.8
% (y-o-y)
$120,879
112.8
% (y-o-y)
59.5%
11.5
% (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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