The median sale price of a home in Homewood was $45K last month, down 47.0% since last year. The median sale price per square foot in Homewood is $76, down 20.8% since last year.
What is the housing market like in Homewood today?
In February 2025, Homewood home prices were down 47.0% compared to last year, selling for a median price of $45K. On average, homes in Homewood sell after 33 days on the market compared to 13 days last year. There were 5 homes sold in February this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$45,000
-47.0% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Homewood, IL
$45,000
-47.0%
United States
To compare other locations to the Homewood and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Decatur add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Homewood housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
93.6%
-3.9 pt YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
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 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Homewood.
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Homewood has a minor risk of flooding. 35 properties in Homewood are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Homewood. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Homewood has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Homewood is most at risk from hurricanes. 420 properties in 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 47 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 61 mph.