Altos Market Data for Realtors

Homewood, IL 60430

Single-Family Homes

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Homewood, IL 60430

Fri Apr 18 2025
This week the median list price for Homewood, IL 60430 is $289,450 with the market action index hovering around 50. This is an increase over last month's market action index of 41. Inventory has increased to 36. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Homewood, IL 60430

Fri Apr 18 2025
This week the median list price for Homewood, IL 60430 is $289,450 with the market action index hovering around 50. This is an increase over last month's market action index of 41. Inventory has increased to 36. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Homewood market.
Median List Price $289,450
Median Price of New Listings $239,950
Per Square Foot $179
Average Days on Market 109
Median Days on Market 35
Price Decreased 44%
Price Increased 0%
Relisted 6%
Inventory 36
Median Rent
Market Action 50
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
$369,900 2,000 8,000 - 10,000 sqft 4 2.5 57 1 1 84
$305,000 1,846 8,000 - 10,000 sqft 3 2 61 1 0 133
$269,900 1,551 8,000 - 10,000 sqft 3 2 73 3 0 42
$215,000 1,200 1 - 2.5 acres 3 1 73 5 2 7