Housing & Real Estate — Homewood, Illinois

Overview

Total Housing Units7,394
Occupied7,042
Vacant352
Owner-Occupied5,593
Renter-Occupied1,449
Median Home Value (Census)$221,100
Estimated 2026~$248,000
Median Rent$1,422/mo
Median Property Tax$5,933/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income17.0%
Severely Rent-Burdened38.5%

Housing Age

Built 2010 or later134
Built 2000-2009128
Built 1990-1999204
Built before 19603,545
Median Year Built1962
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.