Hometown, IL Home Values & Market Trends

Real estate market trends reflect that there have been 73 transactions over the past year in Hometown. The median value for residential home transactions that occurred over the previous year is $206,826.96. The number of current listings in Hometown is 3, and the percentage of properties for sale in the city is 3.00%. Hometown, IL currently has 12 properties in foreclosure, 2 bank owned properties, 2 properties headed for auction, and 3 properties for sale.

Hometown, IL Real Estate Market Overview

ZipMedian Est. Value
60456

$ 170,512

$ 188/sqft

Housing Market Summary for Hometown, IL

May 2023April 2024Change
Median Listing Price$203.9K$197.9K-2.93%
Median Sold Price$181K$197.9K9.35%
Homes For Sale4525.00%
Homes Sold4036-10.00%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Hometown, IL

Hometown home values range from $110,200 to $461,659. The median estimated value of a home in Hometown is $206,826.96. The median list price of a home is 169,900, and the total count of properties in the city is 1,497.

Foreclosure
There is 1 zips within Hometown, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $285,469 in 60456 to the lowest value of $170,512 in 60456. Foreclosure homes account for 0.00% of properties in Hometown, IL with 60456 containing 12 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.53% of all residential properties in Hometown, IL with 60456 containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Hometown, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $272,814 in 60456 to the lowest home value of $201,859 in 60456.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Hometown, IL ranges from the highest value of $285,469 in 60456 to the lowest value of $170,512 in 60456. Bank owned homes and properties account for 0.13% of properties in Hometown, IL. There is 1 zips within Hometown, IL; 60456 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60456 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Hometown, IL. Auction homes and other auction properties account for 0.13% of all properties in Hometown, IL. There is 1 zips within Hometown, IL; of that zips, the median estimated home value for homes going to auction ranges from $237,084 in 60456 to the lowest value of $207,506 in 60456.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.20% of residential properties in Hometown, IL with 60456 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Hometown, IL; homes for sale in that zips, have a range of median values from $233,500 in 60456 to the lowest value of $140,000 in 60456.
    Sold Homes
    The median value for recently sold homes ranges from $292,604 in 60456 to the lowest price of $114,092 in 60456. There is 1 zips within Hometown, IL. 60456 has 38 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.34% of properties in Hometown, IL.

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      Guide for Hometown, IL

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Foreclosure
      Title Issues in Foreclosure Properties and How to Resolve Them
      Financing Guides
      $2,500 RealtyTrac Scholarship, 2024
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      Title Issues in Foreclosure Properties and How to Resolve Them
      Foreclosure|posted 13 May 2024

      Minimizing risks and ensuring a smooth transaction requires a clear understanding of title issues and effective resolution strategies

      $2,500 RealtyTrac Scholarship, 2024
      Financing Guides|posted 13 May 2024

      Write a personal, real estate-focused essay for the chance to earn a scholarship worth $2,500