The Homewood Terrace housing market is somewhat competitive. The median sale price of a home in Homewood Terrace was $288K last month, down 10.9% since last year.
What is the housing market like in Homewood Terrace today?
In December 2024, Homewood Terrace home prices were down 10.9% compared to last year, selling for a median price of $288K. On average, homes in Homewood Terrace sell after 77 days on the market compared to 46 days last year. There were 4 homes sold in December this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$287,500
-10.9% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Homewood Terrace, IL
$287,500
-10.9%
United States
To compare other locations to the Homewood Terrace and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Homewood add value to a home.
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How hot is the Homewood Terrace housing market?
Homewood Terrace is somewhat competitive. Homes sell in 41 days.
0
100
52
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 41 days.
Hot homes
can sell for about 3% above list price and go pending in around 20 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
93.4%
-5.0 pt YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Homewood Terrace, IL
93.4%
-5.0 pt
United States
View houses in Homewood Terrace that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Homewood Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Homewood Terrace.
Flood Factor
We’re working on getting current and accurate flood risk information
Fire Factor
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor
Homewood Terrace has minimal risk of severe winds over the next 30 years
Heat Factor
We’re working on getting current and accurate heat risk information