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IL area data

Homewood, IL

Homewood, IL.

Population: 19,838 (Census ACS)

Home values & appreciation

Median home value
$255,833
1-year appreciation
+6.0%
3-year appreciation
+12.4%
5-year appreciation
+28.1%
10-year appreciation
+93.0%
All-time peak (2026-07)
$255,833
House Price Index
325.3 (+6.1% YoY)

Market activity

Median sale price
$133,000
Median list price
$137,450
Median days on market
127 days
Sale-to-list ratio
95.2%
Active listings
29
1-year forecast
+1.9%
Days to pending
50 days
New listings (monthly)
32

Rents

Typical rent
$1,991/mo
1BR fair-market rent
$1,550/mo
3BR fair-market rent
$2,250/mo

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
2
Middle schools
1
High schools
0

Natural hazards & flood risk

Overall hazard risk
Very High
Top hazards
coldWave, heatWave, iceStorm, inlandFlooding, lightning
FEMA flood zone
C
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
61.0°F
Average low
44.0°F
Annual precipitation
46.1 in
Annual snowfall
17.6 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
57
Days with Good air quality
104
Days with Unhealthy air quality
5

Walkability & transit

Walkability index
17.7 / 20
Transit service frequency
546

Amenities

National parks within ~60 mi
2
Nearest national park
Pullman National Historical Park (10 mi)
Nearest airport
Lansing Municipal Airport (7 mi)
Nearest major airport
Gary/Chicago International Airport (GYY) (14 mi)
Hospitals nearby (~15 mi)
24
Avg hospital rating
2.5 / 5
EV charging stations (within 10 mi)
90
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-29,533 tax filers

Housing stock

Median year housing built
1,961
Median annual property tax
$5,880
Mean commute to work
28 min
Households with broadband internet
81.9%

Employment & development

Total county employment
2,269,519
Average weekly wage
$1,625
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
987

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents