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House Prices & Home Values Homewood, IL 2026Average Data
04/17/2026 - The value range (VR) for house prices in Homewood, IL is $72/ sqft to $72/ sqft. An average home with 3166 sqft costs approximately $227,952 to $227,952. Homewood, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60430, while the highest are in ZIP 60430. The average price per sqare feet is $83. Our analysis is based on 9 property listings. Avergage prices by ZIP codes Homewood
Historical development of home values in Homewood
Graph: estimated home values in Homewood over time (USD)Example: 100% financing house in HomewoodLoan amount: $261,489 Interest rate: 6.00% Fixed monthly payment: $1,567.76
Breakdown in the 1st month: Yearly breakdown (100% financing)
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 Homewood, IL
In 2026, houses in Homewood, IL will be offered at an average price of $83 per square foot. A 1,500 sqft home priced at $150,645 is 21.44% more expensive per square foot than a 3,900 sqft home priced at $320,463. Home prices in Homewood, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $221,860. Sellers who can wait longer may achieve a higher price of up to $271,162. Explore Homewood, ILOverviewHomewood, IL is a friendly, diverse village in Chicago?s Southland known for tree-lined streets and strong community pride. Residents appreciate its walkable neighborhoods and a vibrant mix of shops, restaurants, and local services. Downtown and AmenitiesDowntown Homewood features indie boutiques, public art, and year-round events that draw visitors from across the region. Foodies enjoy craft breweries, global cuisines, and cozy cafes that make the village a dining destination. The restored Ravisloe Country Club and nearby attractions add historic charm and leisure options. Parks, Schools, and TransitOutdoor lovers enjoy the Izaak Walton Nature Preserve, well-kept parks, and family-friendly recreation programs. Commuters benefit from the Metra Electric District line, quick connections to downtown Chicago, and convenient access to I-80/94 and I-57. Local schools, including the highly regarded Homewood-Flossmoor High School district, support strong academic and arts programs. Housing and CommunityHomewood?s housing options range from classic bungalows to updated single-family homes, offering good value for first-time buyers and move-up families. FAQ – Home Values in HomewoodWhat is the median home value in Homewood in 2026?In 2026, the typical home value in Homewood is about $261,489 for an average home size of 3166 square feet. This corresponds to an average price of roughly $83 per square foot. What is the average cost per square foot in Homewood?In 2026, homes in Homewood sell for an average of around $83 per square foot, with a typical range between $72 and $72 per square foot, depending on the property’s location, condition, and lot size. What is the average home size in ?The average home size in Homewood is about 3166 square feet, with an estimated 2026 value around $261,489. Locations close to Homewood, IL
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