Homewood Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $159,900
    3% ( $4,900 ) vs May 2015
  • Median Sales Price
    $113,000
    2% ( $2,500 ) vs May 2015
  • Median Foreclosure Sales Price
    $58,400
    11% ( $7,100 ) vs May 2015
  • Foreclosures 188
    Homes for Sale 85
    Recently Sold 109

Market Summary

There are currently 188 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 85.

In June, the number of properties that received a foreclosure filing in Homewood, IL was 15% lower than the previous month and 47% higher than the same time last year.

Home sales for May 2016 were down 47% compared with the previous month, and down 38% compared with a year ago. The median sales price of a non-distressed home was $113,000. The median sales price of a foreclosure home was $58,400, or 48% lower than non-distressed home sales.

Sales Prices - Homewood, IL




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$58,400 (Median Foreclosure Sales Price) $65,500 (Median Foreclosure 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) $113,000 (Median Sales Price) $115,500 (Median Sales Price) $103,500 (Median Sales Price) $128,000 (Median Sales Price) $119,500 (Median Sales Price) $126,000 (Median Sales Price) $58,400 (Median Foreclosure Sales Price) $65,500 (Median Foreclosure 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) $113,000 (Median Sales Price) $115,500 (Median Sales Price) $103,500 (Median Sales Price) $128,000 (Median Sales Price) $119,500 (Median Sales Price) $126,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago Heights
35
46.2
% (y-o-y)
$65,000
8.3
% (y-o-y)
46.9%
50.0
% (y-o-y)
Park Forest
32
28.0
% (y-o-y)
$43,800
16.8
% (y-o-y)
46.8%
20.0
% (y-o-y)
TINLEY PARK
31
60.3
% (y-o-y)
$193,750
9.5
% (y-o-y)
30.4%
18.1
% (y-o-y)
South Holland
28
26.3
% (y-o-y)
$101,500
18.8
% (y-o-y)
29.3%
57.6
% (y-o-y)
Dolton
27
6.9
% (y-o-y)
$79,000
58.0
% (y-o-y)
67.7%
32.0
% (y-o-y)
Lansing
21
27.6
% (y-o-y)
$91,500
28.9
% (y-o-y)
56.3%
14.1
% (y-o-y)
Matteson
20
23.1
% (y-o-y)
$139,250
18.3
% (y-o-y)
24.2%
41.8
% (y-o-y)
Hazel Crest
19
13.6
% (y-o-y)
$112,500
9.3
% (y-o-y)
60.7%
65.7
% (y-o-y)
Country Club Hills
16
56.8
% (y-o-y)
$129,500
146.7
% (y-o-y)
64.5%
4.3
% (y-o-y)
Richton Park
12
33.3
% (y-o-y)
$126,500
106.5
% (y-o-y)
48.5%
29.0
% (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: 5.70%
Percentage of vacant homes: 7.46%

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