Homer Glen, IL

Buyer's market-8.1% YoY

Housing market overview · Updated weekly

$482,500median sale price

Homes sold

8

Last 12 weeks

Days on market

115

Average pace

Active listings

42

5.3 months supply

Sale-to-list

99.0%

Below asking

The Homer Glen housing market is currently classified as a buyer's market with a median sale price of $482,500. Prices have fallen 8.1% compared to last year, with homes spending an average of 115 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Homer Glen

There are currently 42 homes listed for sale in Homer Glen, Illinois. The median listing price is $525K.

Active listings

42

Homes on market

Median list price

$525K

Avg. days on market

115

Days until sale

New this week

18

Newly listed

Price drops:11.9%of listings
Sale-to-list:99.0%

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Frequently asked questions

What is the average home price in Homer Glen?

The median home sale price in Homer Glen is $482,500, down 8.1% from last year.

How long do homes stay on market in Homer Glen?

Homes typically spend 115 days on market before going under contract.

Is Homer Glen a buyer's or seller's market?

With 5.3 months of supply, Homer Glen is currently a buyer's market.

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