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Median Home Price in Homewood, IL

The median home value in Homewood, IL is $256,625 as of 2026-06-30, up 5.9% from a year earlier.

Median Home Value

$256,625

Year-over-Year

+5.9%

Population

18,269

Homewood ranks #183 of 279 Illinois cities tracked here by median home value, and sits 19.4% below the state's city median of $318,423. It sits in Cook County, where the county-wide median is $343,350.

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

How much does a house cost in Homewood, IL?

The median home value in Homewood is $256,625. That's up 5.9% from a year earlier. That is about 19.4% below the typical county in Illinois.

Is Homewood expensive compared to the surrounding area?

Homes in Homewood are cheaper than Cook County as a whole, where the median is $343,350 — a difference of about 25.3%.

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.