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IL area data

Homewood, IL

Homewood, IL.

Population: 19,838 (Census ACS)

The typical home value in Homewood, IL is $254,005 — up 5.6% over the past year. Homes sell for a median $243,750 after a median 59 days on market. Typical rent runs $1,910/month. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very High, with cold wave, heat wave, ice storm the top-rated hazards. Cost of living is at the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$254,005

Typical home value

+5.6%

1-year change

59

Median days on market

Very High

Hazard risk (county)

Home values & appreciation

Typical home value
$254,005
1-year appreciation
+5.6%
3-year appreciation
+12.0%
5-year appreciation
+27.4%
10-year appreciation
+93.3%
Peak value since 2000 (Aug 2026)
$254,005
House Price Index (state)
340.3 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$243,750
Median list price
$250,000
Median price per sqft
$156
1-year sale-price change
-6.3%
Median days on market
59 days
Homes sold (recent period)
86
For-sale inventory
104
Sale-to-list ratio
99.2%
Active listings
75
1-year forecast
+2.8%
Days to pending
50 days
New listings (monthly)
26

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,910/mo
Studio fair-market rent
$1,678/mo
1BR fair-market rent
$1,780/mo
2BR fair-market rent
$2,011/mo
3BR fair-market rent
$2,586/mo
4BR fair-market rent
$2,954/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
100.0 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
2
Middle schools
1
High schools
0
Avg student-teacher ratio
12.3 : 1
Schools include
James Hart School, Willow School, Winston Churchill School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very High
Top hazards (county)
cold wave, heat wave, ice storm, inland flooding, lightning
Notable hazard ratings (county)
tornado: Very High · cold wave: Very High · heat wave: Very High · ice storm: Very High · lightning: Very High · strong wind: Very High
Most common flood zone among NFIP claims
Zone C
NFIP flood claims on record
78
Wildfire risk to homes (county)
Higher than 28% of US counties
Buildings in wildfire direct-exposure zone
1.0%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Estech General Chemical Company (8.6 mi)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
61.0°F
Average low
44.0°F
Annual precipitation
41.5 in
Annual snowfall
17.6 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Moderate
Median AQI (annual)
53
Days with Good air quality
149
Days with Moderate air quality
191
Days with Unhealthy air quality
5
Highest AQI recorded (year)
168

Source: EPA annual air quality index (county-level)

Walkability & transit

Walkability index
17.7 / 20
Transit service frequency
546
Jobs reachable by car (30 min)
160,299
Jobs reachable by transit (45 min)
163,875

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Pullman National Historical Park (10 mi)
National parks include
Pullman National Historical Park, Indiana Dunes National Park
Airports within 30 mi
24
Nearest airport
Lansing Municipal Airport (7 mi)
Nearest major airport
Gary/Chicago International Airport (GYY) (14 mi)
Hospitals in or near this ZIP
90
Hospitals include
SAINT JOSEPH MEDICAL CENTER, LOYOLA GOTTLIEB MEMORIAL HOSPITAL, NORTHSHORE UNIVERSITY HEALTHSYSTEM - EVANSTON HOSPITAL
Avg hospital rating (CMS)
3.1 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
90
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-29,533 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1961
Housing built before 1970
68.8%
Housing built 2000 or later
4.4%
Median annual property tax
$5,880
Mean commute to work
28 min
Households with broadband internet
81.9%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
2,284,919
Average weekly wage
$1,756
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
4,969

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

HomewoodState medianUS median
Typical home value$254,005$194,869$288,527
Median sale price$243,750$212,000$325,000
Median days on market59 days48 days51 days
Typical rent$1,910/mo$1,787/mo$1,809/mo
Median annual property tax$5,880$2,696$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Homewood, IL?
$254,005.
What is the median sale price in Homewood, IL?
$243,750.
How long do homes take to sell in Homewood, IL?
Median days on market: 59 days.
What is typical rent in Homewood, IL?
Typical rent: $1,910/month.
What is the natural-hazard risk in Homewood, IL?
Overall risk: Very High (FEMA NRI, county-level). Top hazards: cold wave, heat wave, ice storm, inland flooding, lightning.
Is Homewood, IL in a flood zone?
Flood zones vary by property within Homewood, IL. 78 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is C. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in Homewood, IL?
Risk to homes is higher than 28% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Homewood, IL?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Homewood, IL?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Homewood, IL?
3 schools (2 elementary, 1 middle) (NCES, 2024-25).
Is Homewood, IL walkable?
Walkability index: 17.7/20 (EPA Smart Location Database).
What is the air quality in Homewood, IL?
Moderate. Median AQI: 53. (EPA AQI).
What is the cost of living in Homewood, IL?
Regional Price Parity: 100.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP code for Homewood

Listing a home in Homewood, IL?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents