Why Live in Downtown Homewood
Downtown Homewood is a neighborhood characterized by early 20th-century single-family homes, including Bungalow, Cape Cod, and Victorian styles, alongside some two-flat properties and later-built condos. The area has a limited housing supply, with properties typically selling quickly. Richard D. Irwin Park and Orchard Park provide recreational spaces with playgrounds, baseball diamonds, and tennis courts, while Ravisloe Country Club offers an 18-hole golf course and dining options. Local shops and restaurants, such as Anjel’s Boutique, The Villager Gift Shop, Zone Comics and Games, Empanadus, Asian Harbor, and Twisted Q Barbeque Bar & Grill, contribute to the neighborhood's distinctive character. Regular events include the Homewood Outdoor Farmers Market, summer block parties, Pride Fest, and the Holiday Lights celebrations. The neighborhood is safer than the national average, with convenient access to Chicago via Interstate 294 or the Metra commuter train. Advocate South Suburban Hospital is 2 miles away, and Chicago Midway International Airport is 17 miles north. Schools in the area include Willow School and Homewood-Flossmoor High School, both highly rated, with the latter offering numerous Advanced Placement courses and career-focused programs.
Home Trends in Downtown Homewood, IL
On average, homes in Downtown Homewood, Homewood sell after 38 days on the market compared to the national average of 51 days. The median sale price for homes in Downtown Homewood, Homewood over the last 12 months is $170,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$170,000
Median Single Family Sale Price
$356,000
Median 2 Bedroom Sale Price
$164,900
Average Price Per Sq Ft
$156
Last 12 months Home Sales
9
Median List Price
$175,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
1%