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Homewood, Illinois   Add Favorite    2 Reviews | Review This Place




Find your Best Mortgage in Homewood: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Economic and cultural diversity
-Arts and culture
-Historic interest and preservation

Cons

-Harsh climate
-Cost of living
-Violent crime


What Bert Has To Say About Chicago-Naperville-Elgin Metro Area


A world-class commercial, industrial and cultural city, Chicago functions as is a major national center and as the major regional center for America’s heartland. It originally emerged as a transport center for cargo headed west and agricultural products headed east by land and water. Although transportation technology has changed, the role has not. The city is the most important passenger and freight transport hub in the country with the largest number of air departures and the most rail traffic in the nation. The commercial and manufacturing economy stands out both for its size and diversity. Over 30 Fortune 500 companies in an assortment of industries have headquarters here. Factories and warehouses extend for miles from the downtown area. Chicago is also a major center for small manufacturing and business. There is probably no more diverse an economy in the country.


Bert Suggests test-driving a neighborhood in Homewood with an affordable short term rental. Click here to find the right place on Airbnb.


Highlights



Quick Facts About Homewood


    ECONOMY
    The unemployment rate in Homewood is 6.40 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Homewood jobs have Increased by 1.39 percent.
    COST OF LIVING
    Compared to the rest of the country, Homewood's cost of living is 1.70% Lower than the U.S. average.
    POPULATION
    As of 2014, Homewood's population is 19,373 people. Since 2000, it has had a population growth of 0.49 percent.
    TRANSPORTATION
    Average Commute time is 21 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Homewood is $135,500. Home appreciation the last 10 years has been -23.44%.
    SCHOOLS
    Homewood public schools spend $13,780 per student. The average school expenditure in the U.S. is $12,383. There are about 11.9 students per teacher in Homewood.

Homewood Ranked & Rated



Homewood Housing Market


It's a good time to buy in Homewood. Home Appreciation is up 2.4% in the last 12 months. Browse Homewood Real Estate.
The median home price in Homewood is $135,500. Browse Homes in this Range.
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Reviews for Homewood, Illinois


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Homewood

Star Rating Not a fan. Not for me. Just okay. Great place. The best place.
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  12/2/2013
)-:

Homewood used to be a nice place to live but now there are alot of burglaries and the police isn't doing much about... (Read More)

 72

 101

  6/6/2006
It'll always be my home....

Even though I've left the Chicago area to move out west, I won't forget about where I was born & raised - Home Sweet Homewood! As part of the oft-overlooked Southern... (Read More)

 68

 90

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