2025 Compare Cities Housing:
Waukegan, IL vs Homewood, IL

Change Cities
Highlights
- The median age of a home in Waukegan is 9.1% younger than the median age of a home in Homewood.
 Waukegan, ILHomewood, ILUnited States
 Median Home Age55  Unlock42
 Median Home Cost  Unlock$225,600$338,100
 Home Appr. Last 12 months14.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock41.6%57.0%
 Home Appr. Last 10 yrs.54.6%  Unlock101.1%
 Property Tax Rate  Unlock$21.0$11.0
 Homes Owned46.0%  Unlock57.4%
 Housing Vacant  Unlock5.6%11.2%
 Homes Rented48.5%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Waukegan, ILHomewood, ILUnited States
 Average Rent  Unlock$1,760$1,840
 Studio Apartment$1,040  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,220$1,180
 2 Bedroom Home or Apartment$1,300  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,780$1,860
 4 Bedroom Home or Apartment$1,960  Unlock$2,160
 space1
 Vacant Housing
 Waukegan, ILHomewood, ILUnited States
 Vacant For Rent  Unlock0.3%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock1.5%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock0.0%3.6%
 Vacant Other2.7%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Waukegan, ILHomewood, ILUnited States
 Less Than $20,000  Unlock1.1%2.6%
 $20,000 to $39,9991.2%  Unlock2.4%
 $40,000 to $59,999  Unlock2.8%2.8%
 $60,000 to $79,9994.8%  Unlock3.9%
 $80,000 to $99,999  Unlock4.1%4.5%
 $100,000 to $149,99934.7%  Unlock11.3%
 $150,000 to $199,999  Unlock32.7%13.0%
 $200,000 to $299,99914.8%  Unlock20.1%
 $300,000 to $399,999  Unlock5.7%13.6%
 $400,000 to $499,9991.4%  Unlock8.3%
 $500,000 to $749,999  Unlock0.2%9.7%
 $750,000 to $999,9990.3%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.5%2.2%
 $1,500,000 to $1,999,9990.2%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Waukegan, ILHomewood, ILUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock1.9%13.6%
 2000 to 20095.4%  Unlock13.6%
 1990 to 1999  Unlock3.3%13.6%
 1980 to 19899.0%  Unlock13.2%
 1970 to 1979  Unlock21.1%14.8%
 1960 to 196915.3%  Unlock13.6%
 1950 to 1959  Unlock28.7%10.0%
 1940 to 19496.1%  Unlock4.7%
 1939 or Earlier  Unlock13.9%12.2%
Reviews for Waukegan    3 Reviews

Great people, beautifully diverse. All live and work together to provide the best for all residents. Lake County College is completing a 40 million dollar building  More

   |    Reply

Over 12 years ago

We're looking for a moderate climate. Waukegan is on Lake Michigan and could have a dynamic vibrant downtown but it doesn't. Great master plan if somehow Waukegan can  More

   |    Reply

Over 17 years ago

I have been living in north east waukegan for 12 years and I am excited by the recent surge of growth in the downtown area. Thanks to the Genesee theater, there are  More

   |    Reply

Start Your Review of Waukegan

Reviews for Homewood    2 Reviews

Over 12 years ago

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

   |    Reply

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  More

   |    Reply

Start Your Review of Homewood


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.