Altos Market Data for Realtors

Homewood, IL 60430

Single-Family Homes

Schedule a demo today at AltosResearch.com


Homewood, IL 60430

Fri Apr 17 2026
This week the median list price for Homewood, IL 60430 is $249,900 with the market action index hovering around 39. This is an increase over last month's market action index of 34. Inventory has decreased to 50. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Homewood, IL 60430

Fri Apr 17 2026
This week the median list price for Homewood, IL 60430 is $249,900 with the market action index hovering around 39. This is an increase over last month's market action index of 34. Inventory has decreased to 50. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Homewood market.
Median List Price $249,900
Median Price of New Listings $239,900
Per Square Foot $185
Average Days on Market 95
Median Days on Market 49
Price Decreased 34%
Price Increased 0%
Relisted 18%
Inventory 50
Median Rent
Market Action 39
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$379,000 1,908 - 4 2.5 58 1 0 49
$272,450 1,394 0 - 4,500 sqft 3 1.8 70 2 4 35
$232,000 1,262 - 3 2 73 1 0 126
$219,900 1,274 6,500 - 8,000 sqft 3 1 74 2 2 35