Homewood Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $149,000
    11% ( $15,300 ) vs May 2014
  • Median Sales Price
    $140,000
    12% ( $15,000 ) vs May 2014
  • Median Foreclosure Sales Price
    $69,500
    7% ( $5,500 ) vs May 2014
  • Foreclosures 155
    Homes for Sale 99
    Recently Sold 94

Market Summary

There are currently 155 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 99.

In June, the number of properties that received a foreclosure filing in Homewood, IL was 42% lower than the previous month and 25% lower than the same time last year.

Home sales for May 2015 were up 333% compared with the previous month, and down 55% compared with a year ago. The median sales price of a non-distressed home was $140,000. The median sales price of a foreclosure home was $69,500, or 50% lower than non-distressed home sales.

Sales Prices - Homewood, IL




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$69,500 (Median Foreclosure Sales Price) $75,000 (Median Foreclosure Sales Price) $70,000 (Median Foreclosure Sales Price) $70,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $91,500 (Median Foreclosure Sales Price) $140,000 (Median Sales Price) $125,000 (Median Sales Price) $121,000 (Median Sales Price) $103,250 (Median Sales Price) $132,500 (Median Sales Price) $126,750 (Median Sales Price) $69,500 (Median Foreclosure Sales Price) $75,000 (Median Foreclosure Sales Price) $70,000 (Median Foreclosure Sales Price) $70,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $91,500 (Median Foreclosure Sales Price) $140,000 (Median Sales Price) $125,000 (Median Sales Price) $121,000 (Median Sales Price) $103,250 (Median Sales Price) $132,500 (Median Sales Price) $126,750 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
TINLEY PARK
75
12.8
% (y-o-y)
$177,000
1.1
% (y-o-y)
18.9%
34.3
% (y-o-y)
Chicago Heights
65
21.7
% (y-o-y)
$60,000
29.0
% (y-o-y)
50.0%
36.6
% (y-o-y)
South Holland
38
5.6
% (y-o-y)
$125,000
17.4
% (y-o-y)
57.6%
27.2
% (y-o-y)
Country Club Hills
36
56.5
% (y-o-y)
$52,500
55.3
% (y-o-y)
4.3%
51.5
% (y-o-y)
Oak Forest
34
17.2
% (y-o-y)
$131,500
18.1
% (y-o-y)
18.3%
26.2
% (y-o-y)
Lansing
29
31.0
% (y-o-y)
$71,000
13.4
% (y-o-y)
14.1%
47.6
% (y-o-y)
Dolton
28
3.7
% (y-o-y)
$50,000
8.7
% (y-o-y)
38.0%
45.7
% (y-o-y)
Matteson
26
25.7
% (y-o-y)
$117,750
0.6
% (y-o-y)
41.8%
25.6
% (y-o-y)
Hazel Crest
22
10.0
% (y-o-y)
$124,000
45.9
% (y-o-y)
65.7%
46.5
% (y-o-y)
Park Forest
22
26.7
% (y-o-y)
$33,250
16.9
% (y-o-y)
9.8%
28.8
% (y-o-y)

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: 6.30%
Percentage of vacant homes: 7.46%