Homewood Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $137,000
    5% ( $7,000 ) vs Mar 2014
  • Median Sales Price
    $121,000
    17% ( $17,750 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $70,000
    0% ( $0 ) vs Mar 2014
  • Foreclosures 173
    Homes for Sale 91
    Recently Sold 169

Market Summary

There are currently 173 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 91.

In April, the number of properties that received a foreclosure filing in Homewood, IL was 52% lower than the previous month and 4% higher than the same time last year.

Home sales for March 2015 were down 40% compared with the previous month, and down 44% compared with a year ago. The median sales price of a non-distressed home was $121,000. The median sales price of a foreclosure home was $70,000, or 42% lower than non-distressed home sales.

Sales Prices - Homewood, IL




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$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) $81,500 (Median Foreclosure 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) $125,000 (Median 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) $81,500 (Median Foreclosure 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) $125,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago Heights
38
20.8
% (y-o-y)
$70,500
41.0
% (y-o-y)
50.4%
38.5
% (y-o-y)
TINLEY PARK
31
45.6
% (y-o-y)
$164,000
1.4
% (y-o-y)
10.4%
26.9
% (y-o-y)
Country Club Hills
29
7.4
% (y-o-y)
$56,800
44.6
% (y-o-y)
11.5%
42.7
% (y-o-y)
Dolton
25
32.4
% (y-o-y)
$27,000
47.6
% (y-o-y)
7.4%
49.5
% (y-o-y)
Park Forest
25
38.9
% (y-o-y)
$34,500
26.6
% (y-o-y)
40.6%
27.7
% (y-o-y)
Lansing
20
44.4
% (y-o-y)
$87,500
7.9
% (y-o-y)
31.4%
53.9
% (y-o-y)
Richton Park
19
9.5
% (y-o-y)
$90,000
6.5
% (y-o-y)
63.3%
37.9
% (y-o-y)
South Holland
18
45.5
% (y-o-y)
$106,000
12.4
% (y-o-y)
36.8%
45.9
% (y-o-y)
Harvey
18
14.3
% (y-o-y)
$32,000
60.0
% (y-o-y)
28.1%
22.5
% (y-o-y)
Markham
15
7.1
% (y-o-y)
$38,750
3.1
% (y-o-y)
Data not available

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: 6.60%
Percentage of vacant homes: 7.46%