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Featured local agent — Hometown, IL
Sarah Mitchell
Compass Real Estate · Hometown, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hometown, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$245,000median sale price
How is the Hometown, IL housing market right now?
The median home sale price in Hometown, IL is $245,000, up 4.3% year-over-year. Homes sell in an average of 38 days with 15 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hometown a buyer's or seller's market?
Hometown, IL is currently a buyer's market, based on 15.0 months of supply and homes selling in about 38 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
38
Average pace
Active listings
15
15.0 months supply
Sale-to-list
98.4%
Below asking
What does the Hometown housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $245,000 |
| Median list price | $249,900 |
| Year-over-year price change | +4.3% |
| Average days on market | 38 days |
| Active inventory | 15 listings |
| Months of supply | 15.0 months |
| Sale-to-list price ratio | 98.4% |
| Median price per sq ft | $222/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 9 |
| Listings with a price cut | 40.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Hometown by property type?
How the Hometown, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $247,000 | $265/sq ft | 1 | 99 days |
| Condo / Co-op | $215,000 | $289/sq ft | 1 | 34 days |
| Townhouse | $245,000 | $222/sq ft | 1 | 38 days |
Source: Redfin · Updated monthly
The Hometown housing market is currently classified as a buyer's market with a median sale price of $245,000. Prices have risen 4.3% compared to last year, with homes spending an average of 38 days on market, indicating 15.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Hometown
There are currently 15 homes listed for sale in Hometown, Illinois. The median listing price is $250K.
Active listings
15
Homes on market
Median list price
$250K
Avg. days on market
38
Days until sale
New this week
9
Newly listed
Who lives in Hometown?
Population
4,244
Median income
$59,265/yr
Median age
40.9 years
Owner-occupied
72.7%
College grads
19.8%
Avg commute
29 min
Source: U.S. Census Bureau ACS
What are homes worth in Hometown?
Zillow home value
$214,481
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Hometown?
Hometown is a community of approximately 4K residents with a median age of 40.9 years.The median household income is $59,265, which represents a working-class community with solid middle-income opportunities. 19.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 72.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 29 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hometown offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hometown?
1 schools tracked · 377 students
The largest public schools serving Hometown, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Hometown Elem School
Grades PK-5 · 377 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hometown, IL?
Want a head-to-head view? Compare Hometown side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Hometown?
The median home sale price in Hometown is $245,000, up 4.3% from last year.
How long do homes stay on market in Hometown?
Homes typically spend 38 days on market before going under contract.
What is the median income in Hometown?
The median household income is $59,265 per year.
Is Hometown a buyer's or seller's market?
With 15.0 months of supply, Hometown is currently a buyer's market.
What is the Zillow home value estimate for Hometown?
The Zillow Home Value Index (ZHVI) for Hometown is $214,481, representing the typical home value in the area.
What is the median condo price in Hometown?
The median condo/co-op sale price in Hometown, IL is $215,000, compared to $247,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Hometown?
The median single-family home price in Hometown, IL is $247,000 (about $265 per square foot).
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