House Prices

Homan Square Chicago, IL House Prices & Home Values 2026


Average Data

average house price$267,297
average size per house2468 ft²
average price per ft²115 $ / ft²

04/15/2026 - The value range (VR) for house prices in Homan Square Chicago, IL is $109.25/ sqft to $120.75/ sqft. An average home with 2468 sqft costs approximately $285,807 to $315,892. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60624, while the highest are in ZIP 60624. The average price per sqare feet is $115. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Homan Square Chicago

60624126 $ / ft²




Historical development of home values in Homan Square Chicago

Year Estimated value (USD) Change vs. 2025
2010 $124,138 -53.6%
2011 $119,337 -55.4%
2012 $119,016 -55.5%
2013 $123,464 -53.8%
2014 $129,604 -51.5%
2015 $136,255 -49.0%
2016 $143,366 -46.4%
2017 $151,104 -43.5%
2018 $159,458 -40.3%
2019 $166,852 -37.6%
2020 $175,477 -34.4%
2021 $199,586 -25.3%
2022 $232,673 -13.0%
2023 $245,364 -8.2%
2024 $259,559 -2.9%
2025 $267,297 0.0%

Graph: estimated home values in Homan Square Chicago over time (USD)



Example: 100% financing house in Homan Square Chicago

Loan amount: $267,297

Interest rate: 6.36%

Fixed monthly payment: $1,664.96

Breakdown in the 1st month:
Interest portion: $1,416.67  –  Principal portion: $248.29

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,911.68 $3,067.88 $264,229.12
2 $16,710.78 $3,268.79 $260,960.33
3 $16,496.71 $3,482.85 $257,477.47
4 $16,268.63 $3,710.94 $253,766.53
5 $16,025.61 $3,953.95 $249,812.58
6 $15,766.68 $4,212.89 $245,599.69
7 $15,490.79 $4,488.78 $241,110.91
8 $15,196.83 $4,782.73 $236,328.18
9 $14,883.63 $5,095.94 $231,232.24
10 $14,549.91 $5,429.66 $225,802.58
11 $14,194.34 $5,785.23 $220,017.34
12 $13,815.48 $6,164.09 $213,853.25
13 $13,411.81 $6,567.76 $207,285.49
14 $12,981.71 $6,997.86 $200,287.63
15 $12,523.44 $7,456.13 $192,831.50
16 $12,035.16 $7,944.41 $184,887.09
17 $11,514.90 $8,464.67 $176,422.42
18 $10,960.57 $9,019.00 $167,403.42
19 $10,369.95 $9,609.62 $157,793.80
20 $9,740.64 $10,238.93 $147,554.87
21 $9,070.12 $10,909.45 $136,645.42
22 $8,355.69 $11,623.88 $125,021.54
23 $7,594.48 $12,385.09 $112,636.46
24 $6,783.42 $13,196.15 $99,440.30
25 $5,919.24 $14,060.33 $85,379.97
26 $4,998.47 $14,981.10 $70,398.87
27 $4,017.40 $15,962.17 $54,436.70
28 $2,972.08 $17,007.48 $37,429.22
29 $1,858.31 $18,121.26 $19,307.96
30 $671.60 $19,307.96 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Homan Square Chicago, IL


1500 sqft3900 sqft
Ø selling price$221,249$470,656
Ø fast selling$201,136$423,591
Ø high price sale$241,363$517,722

In 2026, houses in Homan Square Chicago, IL will be offered at an average price of $115 per square foot. A 1,500 sqft home priced at $221,249 is 24.38% more expensive per square foot than a 3,900 sqft home priced at $470,656. Home prices in Homan Square Chicago, IL vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $325,839. Sellers who can wait longer may achieve a higher price of up to $398,248.


Homan Square, Chicago, IL: Neighborhood Guide

History & Identity

Homan Square in Chicago, IL is a revitalized West Side enclave centered around the historic Sears, Roebuck & Co. campus.

The restored Nichols Tower and the expansive Homan Square Community Center anchor the neighborhood?s identity with arts, recreation, and social services.

Residents appreciate a strong community network fostered by the Foundation for Homan Square and year-round programs for youth and families.

Lifestyle & Amenities

The area offers convenient access to green spaces like nearby Douglass Park and the Chicago Park District fields, along with local gardens and playlots.

Dining and everyday conveniences cluster along Roosevelt Road and nearby commercial corridors, providing easy options for errands and casual eats.


Transportation & Access

Commuters benefit from proximity to the CTA Kedzie?Homan Blue Line station and multiple bus routes connecting to the Loop and the Medical District.

Major thoroughfares such as Homan Avenue, Roosevelt Road, and the I-290 Eisenhower Expressway offer straightforward regional connectivity.

Housing & Real Estate

Housing in Homan Square includes rehabbed greystones, classic brick two-flats, and newer townhomes born from the Sears campus redevelopment.

Competitive home values and ongoing investment make the neighborhood appealing to first-time buyers and longtime residents seeking stability.

Whether you?re exploring its architectural legacy or its community-driven future, Homan Square blends historic character with modern urban convenience.



FAQ – Home Values in Homan Square Chicago

What is the median home value in Homan Square Chicago in 2026?

In 2026, the typical home value in Homan Square Chicago is about $267,297 for an average home size of 2468 square feet. This corresponds to an average price of roughly $115 per square foot.

What is the average cost per square foot in Homan Square Chicago?

In 2026, homes in Homan Square Chicago sell for an average of around $115 per square foot, with a typical range between $109.25 and $120.75 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Homan Square?

The average home size in Homan Square Chicago is about 2468 square feet, with an estimated 2026 value around $267,297.



Neighborhoods close to Homan Square Chicago, IL

Chicago Lawn Chicago, IL187 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
Wicker Park Chicago, IL382 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²
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