Homewood Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $143,000
    4% ( $6,700 ) vs Aug 2013
  • Median Sales Price
    $145,000
    10% ( $13,500 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $35,500
    42% ( $26,000 ) vs Aug 2013
  • Foreclosures 237
    Homes for Sale 93
    Recently Sold 248

Market Summary

There are currently 237 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 93.

In September, the number of properties that received a foreclosure filing in Homewood, IL was 11% lower than the previous month and 29% lower than the same time last year.

Home sales for August 2014 were up 22% compared with the previous month, and down 44% compared with a year ago. The median sales price of a non-distressed home was $145,000. The median sales price of a foreclosure home was $35,500, or 76% lower than non-distressed home sales.

Sales Prices - Homewood, IL




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$35,500 (Median Foreclosure Sales Price) $61,500 (Median Foreclosure Sales Price) $95,000 (Median Foreclosure Sales Price) $96,000 (Median Foreclosure Sales Price) $85,625 (Median Foreclosure Sales Price) $75,000 (Median Foreclosure Sales Price) $145,000 (Median Sales Price) $131,500 (Median Sales Price) $126,750 (Median Sales Price) $129,000 (Median Sales Price) $120,000 (Median Sales Price) $123,000 (Median Sales Price) $35,500 (Median Foreclosure Sales Price) $61,500 (Median Foreclosure Sales Price) $95,000 (Median Foreclosure Sales Price) $96,000 (Median Foreclosure Sales Price) $85,625 (Median Foreclosure Sales Price) $75,000 (Median Foreclosure Sales Price) $145,000 (Median Sales Price) $131,500 (Median Sales Price) $126,750 (Median Sales Price) $129,000 (Median Sales Price) $120,000 (Median Sales Price) $123,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
TINLEY PARK
93
39.6
% (y-o-y)
$190,000
7.6
% (y-o-y)
34.2%
21.8
% (y-o-y)
Chicago Heights
49
41.7
% (y-o-y)
$55,750
29.4
% (y-o-y)
48.9%
65.8
% (y-o-y)
Lansing
43
50.0
% (y-o-y)
$99,500
7.9
% (y-o-y)
46.2%
45.4
% (y-o-y)
Oak Forest
42
8.7
% (y-o-y)
$160,000
6.7
% (y-o-y)
18.9%
25.0
% (y-o-y)
South Holland
25
63.2
% (y-o-y)
$94,000
25.3
% (y-o-y)
20.2%
40.0
% (y-o-y)
Dolton
25
51.9
% (y-o-y)
$50,750
12.8
% (y-o-y)
40.4%
40.0
% (y-o-y)
Matteson
23
43.9
% (y-o-y)
$99,900
2.1
% (y-o-y)
Data not available
Country Club Hills
21
43.2
% (y-o-y)
$60,000
55.8
% (y-o-y)
Data not available
Park Forest
20
63.6
% (y-o-y)
$41,000
0.0
% (y-o-y)
41.5%
26.8
% (y-o-y)
Markham
18
47.1
% (y-o-y)
$36,500
4.3
% (y-o-y)
10.3%
7.1
% (y-o-y)

Local Info For Homewood

Population:
19,328
Cost of Living Index: 112.41
Crime Index: 38.34     Rating: A- View crime details
Schools: 3    Average School Rating: B View individual school rating
Household Median Income: $71,195
Unemployment: 6.70%
Percentage of vacant homes: 7.46%