Altos Market Data for Realtors

Homer Glen, IL

Single-Family Homes

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Homer Glen, IL

Tue May 30 2023
This week the median list price for Homer Glen, IL is $589,950 with the market action index hovering around 49. This is an increase over last month's market action index of 47. Inventory has decreased to 20. 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.

Strong Seller's Market

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.

Homer Glen, IL

Tue May 30 2023
This week the median list price for Homer Glen, IL is $589,950 with the market action index hovering around 49. This is an increase over last month's market action index of 47. Inventory has decreased to 20. 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.

Strong Seller's Market

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 Homer Glen market.
Median List Price $589,950
Median Price of New Listings $475,000
Per Square Foot $171
Average Days on Market 122
Median Days on Market 46
Price Decreased 40%
Price Increased 0%
Relisted 20%
Inventory 20
Median Rent
Market Action 49
Strong Seller's Market

The market seems to have paused around this plateau. 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
$1,500,000 6,972 1 - 2.5 acres 5 5 14 1 0 210
$719,000 3,524 1 - 2.5 acres 4 3.5 27 1 1 63
$475,900 3,028 0.5 - 1 acre 4 2.5 27 3 0 0
$439,900 2,800 1 - 2.5 acres 4 2.5 39 2 1 35