Homewood Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $133,700
    2% ( $3,300 ) vs Apr 2014
  • Median Sales Price
    $125,000
    3% ( $4,000 ) vs Apr 2014
  • Median Foreclosure Sales Price
    $75,000
    7% ( $5,000 ) vs Apr 2014
  • Foreclosures 160
    Homes for Sale 103
    Recently Sold 123

Market Summary

There are currently 160 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 103.

In May, the number of properties that received a foreclosure filing in Homewood, IL was 8% higher than the previous month and 7% lower than the same time last year.

Home sales for April 2015 were down 67% compared with the previous month, and down 83% compared with a year ago. The median sales price of a non-distressed home was $125,000. The median sales price of a foreclosure home was $75,000, or 40% lower than non-distressed home sales.

Sales Prices - Homewood, IL




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$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) $107,000 (Median Foreclosure 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) $130,000 (Median 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) $107,000 (Median Foreclosure 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) $130,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
TINLEY PARK
48
48.4
% (y-o-y)
$167,500
0.8
% (y-o-y)
14.3%
32.2
% (y-o-y)
Chicago Heights
43
75.1
% (y-o-y)
$65,000
36.8
% (y-o-y)
49.2%
30.5
% (y-o-y)
South Holland
37
0.0
% (y-o-y)
$97,500
8.0
% (y-o-y)
42.6%
32.5
% (y-o-y)
Dolton
34
22.7
% (y-o-y)
$31,000
48.3
% (y-o-y)
21.0%
58.3
% (y-o-y)
Country Club Hills
30
6.3
% (y-o-y)
$52,500
54.3
% (y-o-y)
4.8%
52.4
% (y-o-y)
Park Forest
30
9.1
% (y-o-y)
$45,000
15.4
% (y-o-y)
37.8%
22.4
% (y-o-y)
Lansing
28
39.1
% (y-o-y)
$93,500
1.6
% (y-o-y)
36.4%
54.7
% (y-o-y)
Harvey
26
0.0
% (y-o-y)
$32,000
6.7
% (y-o-y)
42.2%
53.3
% (y-o-y)
Matteson
24
33.3
% (y-o-y)
$113,250
0.2
% (y-o-y)
19.6%
25.2
% (y-o-y)
Markham
22
4.3
% (y-o-y)
$36,000
12.5
% (y-o-y)
21.5%
31.3
% (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: 6.20%
Percentage of vacant homes: 7.46%