Altos Market Data for Realtors

Homewood, IL 60430

Single-Family Homes

Schedule a demo today at AltosResearch.com


Homewood, IL 60430

Wed Oct 14 2026
This week the median list price for Homewood, IL 60430 is $299,800 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has decreased to 32. 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. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Homewood, IL 60430

Wed Oct 14 2026
This week the median list price for Homewood, IL 60430 is $299,800 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has decreased to 32. 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. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Homewood market.
Median List Price $299,800
Median Price of New Listings $252,450
Per Square Foot $162
Average Days on Market 103
Median Days on Market 77
Price Decreased 56%
Price Increased 0%
Relisted 28%
Inventory 32
Median Rent
Market Action 40
Slight Seller's Advantage

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark and have had an upward price trend over the last few weeks. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$377,450 2,300 - 4 2.5 58 0 0 63
$317,450 1,933 - 4 2 74 1 3 28
$275,950 1,344 6,500 - 8,000 sqft 3 2 72 0 1 87
$214,450 1,328 0 - 4,500 sqft 2 1.3 74 1 0 189