Median Home Price in Homewood, IL

The median home value in Homewood, IL is $252,211, up 5.2% from a year earlier.

View Homewood on the interactive city map →

City housing-data period: September 2026. City source retrieval/check time (UTC) is recorded in the feed's updated field when available, not in the housing-data period.

Checked daily for new monthly Zillow releases, not new daily prices. Income and crime data are updated separately, not by the daily housing-data check. Unavailable means observation dates are missing or invalid.

Median Home Value

$252,211

Year-over-Year

+5.2%

Population

18,269

Home value history

The typical home value decreased by 0.8%, from $254,169 in May 2026 to $252,211 in Sep 2026.

Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.

Homewood, IL monthly home value history
Month	Typical home value	Year-over-year change
May 2026	$254,169	+5.2%
Jun 2026	$256,625	+5.9%
Jul 2026	$255,450	+6.0%
Aug 2026	$253,699	+5.6%
Sep 2026	$252,211	+5.2%

Homewood ranks #184 of 279 Illinois cities tracked here by median home value, and sits 20.1% below the state's city median of $315,610. It sits in Cook County, where the county-wide median is $340,258.

Crime in Homewood

Homewood police recorded a violent crime rate of 186 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 2,091 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Homewood

What is the average home price in Homewood, IL?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Homewood, that value is $252,211. That's up 5.2% from a year earlier. It is about 20.1% below the typical Illinois city tracked here.

Is Homewood expensive compared to the surrounding area?

Homes in Homewood are cheaper than Cook County as a whole, where the median is $340,258 — a difference of about 25.9%.

Is Homewood a safe place to live?

Homewood police reported 186 violent crimes per 100,000 residents, covering a population of about 18,269. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.