Homer Glen, IL Housing

Homer Glen, IL is a great place to invest in housing due to its higher median value and higher appreciation rate. The US median value for a house is $338,100, while in Homer Glen the median housing value is $405,600 - almost 20% higher than the national average. Furthermore, the 1 year House Appreciation rate in Homer Glen is 9.34%, which is over 1% greater than the US average of 8.27%. These two factors make investing in Homer Glen real estate very attractive for potential homeowners and investors alike.

The median home cost in Homer Glen is $405,600. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Homer Glen is up 13.7%.

Average Age of Homes

- The median age of Homer Glen real estate is 29 years old

The Rental Market in Homer Glen

- Renters make up 7.1% of the Homer Glen population
- 0.4% of houses and apartments in Homer Glen, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Homer Glen, Illinois	United States
	8,361.0	139,647,020.0
	33	42
	$405,600	$338,100
	13.7%	16.6%
	41.6%	57.0%
	66.0%	101.1%
	$24.32	$10.98
	$8,511	$2,690
	91.1%	57.4%
	3.7%	11.2%
	5.2%	31.4%
Vacant Housing
	0.4%	1.9%
	0.2%	0.4%
	0.8%	0.7%
	0.3%	0.4%
	1.5%	3.6%
	0.5%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	1.1%	2.4%
	0.8%	2.8%
	0.0%	3.9%
	0.3%	4.5%
	0.8%	11.3%
	1.9%	13.0%
	25.1%	20.1%
	37.9%	13.6%
	18.1%	8.3%
	11.0%	9.7%
	1.2%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.7%	13.6%
	16.7%	13.6%
	24.5%	13.6%
	24.4%	13.2%
	21.4%	14.8%
	24.5%	13.6%
	2.1%	10.0%
	0.7%	4.7%
	1.0%	12.2%