Altos Market Data for Realtors

Homer Glen, IL

Single-Family Homes

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Homer Glen, IL

Sat Jul 05 2025
This week the median list price for Homer Glen, IL is $661,950 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has held steady at or around 34. Click here to stay informed with the Homer Glen 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 consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Homer Glen, IL

Sat Jul 05 2025
This week the median list price for Homer Glen, IL is $661,950 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has held steady at or around 34. Click here to stay informed with the Homer Glen 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 consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Homer Glen market.
Median List Price $661,950
Median Price of New Listings $481,950
Per Square Foot $191
Average Days on Market 79
Median Days on Market 46
Price Decreased 26%
Price Increased 0%
Relisted 38%
Inventory 34
Median Rent
Market Action 43
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.

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
$899,000 4,854 1 - 2.5 acres 4 3.5 24 0 0 112
$677,450 3,634 0.25 - 0.5 acre 4 3 33 0 1 80
$540,000 3,200 0.25 - 0.5 acre 4 3 37 1 2 14
$459,450 2,350 - 3 2.5 44 1 0 42