Altos Market Data for Realtors

Homewood, IL 60430

Single-Family Homes

Schedule a demo today at AltosResearch.com


Homewood, IL 60430

Sun Aug 31 2025
This week the median list price for Homewood, IL 60430 is $285,000 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has held steady at or around 35. Click here to stay informed with the Homewood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Homewood, IL 60430

Sun Aug 31 2025
This week the median list price for Homewood, IL 60430 is $285,000 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has held steady at or around 35. Click here to stay informed with the Homewood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Homewood market.
Median List Price $285,000
Median Price of New Listings $258,850
Per Square Foot $203
Average Days on Market 60
Median Days on Market 42
Price Decreased 60%
Price Increased 0%
Relisted 14%
Inventory 35
Median Rent
Market Action 51
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$379,900 2,200 0.25 - 0.5 acre 4 2.5 60 0 0 42
$314,000 1,497 8,000 - 10,000 sqft 4 2 71 1 0 28
$265,000 1,351 - 3 2 71 0 0 42
$228,850 1,134 0 - 4,500 sqft 3 1 80 1 2 52