The Downtown Homewood housing market is somewhat competitive. The median sale price of a home in Downtown Homewood was $650K last month, up 16.1% since last year. The median sale price per square foot in Downtown Homewood is $452, down 11.0% since last year.
What is the housing market like in Downtown Homewood today?
In March 2024, Downtown Homewood home prices were up 16.1% compared to last year, selling for a median price of $650K.
$650K
Sale Price
-27.8% since last year
$452
Sale $/Sq. Ft.
-11.0% since last year
Under List Price
2.5%
Days on Market
64
Down Payment
—
Total Homes Sold
3
To compare other locations to the Downtown Homewood 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 Downtown Homewood housing market?
Downtown Homewood is somewhat competitive. Homes sell in 64 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 3% below list price and go pending in around 64 days.
Hot homes
can sell for around list price and go pending in around 35 days.
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 Downtown Homewood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Homewood.
Risk Factor
Flood Factor - Major
37% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Homewood has a major risk of flooding. 54 properties in Downtown Homewood are likely to be
severely affected
by flooding over the next 30 years. This represents 37% of all properties in Downtown Homewood. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Homewood has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Homewood is most at risk from hurricanes. 275 properties in Downtown Homewood have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 87 mph.
74% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Downtown Homewood has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 74% of homes in Downtown Homewood have a Severe Heat Factor®.
Downtown Homewood is expected to see a 171% increase in the number of days over 106ºF over the next 30 years. Downtown Homewood is expected to experience 6