Is Homer Glen, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Homer Glen is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Homer Glen has remained a Seller's Market.

Key Takeaway

Homer Glen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Homer Glen, IL cost?

Median Sold Price

$414,500

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$44,500(+12.0%)

Key Takeaway

Homes in Homer Glen have sold for 12% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 $256K$274.9K
+7.4%
3 $340K$382K
+12.3%
4 $410K$440K
+7.3%
5+ $487.5K$514.2K
+5.5%

Median Sold Price Compared To Nearby Cities

Orland Park
+15.6%
Homer Township
+12.1%
Homer Glen
+12.0%
Lockport
+11.0%
Lemont
+6.3%

How many homes are available in Homer Glen, IL?

Number of Homes For Sale

Apr 2022May 2022%
103112+8.7%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 74
-42.9%
3 3538
+8.6%
4 4047
+17.5%
5+ 2123
+9.5%

Number of Homes Sold

Apr 2022May 2022%
2821-25.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Homer Glen, you could pay more than the asking price. 52.4% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
23 Days14 Days-35.4%

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Homer Glen are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

New

13810 Rockbluff Way, Homer Glen, IL 60491

13810 Rockbluff Way, Homer Glen, IL 60491

$364,900
2,728 SqFt
4 Bedrooms
~$1,700/mo.*2 Full Baths, 1 Partial
George Venturella#11447445
Listing Office:
Century 21 AffiliatedMLS logo

New

16040 Wildwood Ln, Homer Glen, IL 60491

16040 Wildwood Ln, Homer Glen, IL 60491

$140,000
  
~$650/mo.*
Christopher Campbell#11446304
Listing Office:
Redfin CorporationMLS logo

New

16464 S Hidden Cove Ct, Homer Glen, IL 60491

16464 S Hidden Cove Ct, Homer Glen, IL 60491

$185,000
  
~$850/mo.*
Richard Wyrick#11446154
Listing Office:
Baird & WarnerMLS logo

New

16008 Ridgewood Dr, Homer Glen, IL 60491

16008 Ridgewood Dr, Homer Glen, IL 60491

$479,999
3,200 SqFt
3 Bedrooms
~$2,250/mo.*3 Full Baths
Maria Miller#11439085
Listing Office:
Better Homes & Gardens Real EstateMLS logo

New

12040 Rambling Rd, Homer Glen, IL 60491

12040 Rambling Rd, Homer Glen, IL 60491

$695,000
6,905 SqFt
5 Bedrooms
~$3,250/mo.*4 Full Baths
John Sintich#11440047
Listing Office:
Keller Williams Preferred RltyMLS logo

New

14608 W Stonehaven Ln, Homer Glen, IL 60491

14608 W Stonehaven Ln, Homer Glen, IL 60491

$850,000
4,650 SqFt
5 Bedrooms
~$3,950/mo.*3 Full Baths, 1 Partial
Karolina Klinowski#11438946
Listing Office:
Coldwell Banker RealtyMLS logo

New

Backup Offers

12801 Televale Ct, Homer Glen, IL 60491

12801 Televale Ct, Homer Glen, IL 60491

$759,900
5,000 SqFt
4 Bedrooms
~$3,550/mo.*4 Full Baths, 2 Partial
Jami Douglas#11440688
Listing Office:
Keller Williams EliteMLS logo

New

14055 S Parker Rd, Homer Glen, IL 60491

14055 S Parker Rd, Homer Glen, IL 60491

$399,000
2,888 SqFt
4 Bedrooms
~$1,850/mo.*2 Full Baths, 1 Partial
Christine Prosecky#11439540
Listing Office:
Exit Strategy RealtyMLS logo

New

15246 S Mackenzie Dr, Homer Glen, IL 60491

15246 S Mackenzie Dr, Homer Glen, IL 60491

$125,000
  
~$600/mo.*
Christine Wilczek#11437641
Listing Office:
Realty Executives EliteMLS logo

New

14054 W Austrian Ct, Homer Glen, IL 60491

14054 W Austrian Ct, Homer Glen, IL 60491

$2,999,900
12,085 SqFt
5 Bedrooms
~$14,000/mo.*5 Full Baths, 3 Partial
Christine Wilczek#11437435
Listing Office:
Realty Executives EliteMLS logo

New

13617 S Kickapoo Trl, Homer Glen, IL 60491

13617 S Kickapoo Trl, Homer Glen, IL 60491

$950,000
5,334 SqFt
4 Bedrooms
~$4,450/mo.*4 Full Baths, 1 Partial
Christine Wilczek#11444310
Listing Office:
Realty Executives EliteMLS logo

New

13003 Woodland Dr, Homer Glen, IL 60491

13003 Woodland Dr, Homer Glen, IL 60491

$365,000
3,114 SqFt
4 Bedrooms
~$1,700/mo.*3 Full Baths
Christopher Budz#11444308
Listing Office:
Realty Executives EliteMLS logo

About Homer Glen, IL

Homer Glen, IL has 112 homes for sale to choose from. The inventory of homes for sale in Homer Glen, IL between April 2022 and May 2022 increased by 8.7%. While the average time on the market in May 2022 was 14 days, the median list price was $414,500. Real estate listing prices changed between April 2022 and May 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 7.4% more expensive, prices of 3 bedrooms properties increased by 12.3%, the cost of 4 bedrooms properties went up by 7.3%, 5 bedrooms properties prices increased by 5.5%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went down by 42.9%, volume of 3 bedrooms homes went up by 8.6%, the quantity of 4 bedrooms homes went up by 17.5%, 5 bedrooms homes inventory increased by 9.5%. While more than 11 listings in Homer Glen, IL in May 2022 were sold above asking price, there were more than 4 listings sold at asking price, and more than 6 were sold below.

MLS Disclaimers and Copyright

Based on information from Midwest Real Estate Data for the period 06/01/2020 - 06/01/2022

IDX Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/27/2022, 12:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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