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88th St at IL 50 - Hometown, IL - November 2025Photo: AlphaBeta135 · CC BY 4.0
Housing in Hometown

68 homes sold in Hometown in the last year, at a typical $225K

Most homes sold are condos. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Hometown homes are listed.

Homes sold
68
June 2025 to May 2026
Typical sale price
$225K
median, weighted by sales
Price per square foot
$228
Illinois $193
Paid vs. asking
99.3%
46% sold over asking
For sale now
15
May 2026 · 1 sold that month
What sold · last 12 months

Houses are 7% of Hometown’s sales, at a typical $246K

68 homes sold in the year to May 2026.

Fewer sales

Townhouses: 60 sold, typical $225K
Condos: 3 sold, typical $196K
Houses: 5 sold, typical $246K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.3 times the 2016 price

68 sales in the last year, against 90 in 2021 and a low of 39 in 2024. The typical sale went from $97K in 2016 to $225K.

Homes soldTypical sale price
0255075100$75K$150K$225K$300K2012: 60 sold, typical $65K’122013: 64 sold, typical $73K2014: 67 sold, typical $81K’142015: 67 sold, typical $79K2016: 58 sold, typical $97K’162017: 61 sold, typical $116K2018: 53 sold, typical $134K’182019: 73 sold, typical $128K2020: 47 sold, typical $146K’202021: 90 sold, typical $179K2022: 78 sold, typical $185K’222023: 58 sold, typical $192K2024: 39 sold, typical $208K’242025: 64 sold, typical $226KLast 12 months: 68 sold, typical $225KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What the sales history says · 14 years of sales

Bidding wars in Hometown are more common than before the pandemic, but 17% fewer homes come up for sale

We read every month of Hometown’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 68 sales.

If you’re buying in Hometown

  • Shop in May. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (42% over asking).
  • Some room to negotiate. 21% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 99.3% of the list price on average; 46% paid over.
  • You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 56 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 9 a month), but June is the most competitive: 50% of June sales close over asking. May offers nearly as much choice with fewer homes bid up (42%). February has the least competition (33%) but only about 4 new listings.

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 5 new listings a month, 44% sold over asking, 39 days to sellJFeb: 4 new listings a month, 33% sold over asking, 40 days to sellFMar: 7 new listings a month, 39% sold over asking, 61 days to sellMApr: 6 new listings a month, 43% sold over asking, 63 days to sellAMay: 8 new listings a month, 42% sold over asking, 54 days to sellMJun: 8 new listings a month, 50% sold over asking, 54 days to sellJJul: 5 new listings a month, 39% sold over asking, 43 days to sellJAug: 9 new listings a month, 43% sold over asking, 52 days to sellASep: 6 new listings a month, 42% sold over asking, 40 days to sellSOct: 5 new listings a month, 49% sold over asking, 46 days to sellONov: 4 new listings a month, 41% sold over asking, 44 days to sellNDec: 4 new listings a month, 46% sold over asking, 53 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Illinois

Hometown now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price46%39%51%37%
Gone within two weeksShare of homes under contract within 14 days41%39%61%46%
Listings with a price cutShare of homes for sale that cut their price21%22%28%19%
Price paid vs. askingAverage sale price ÷ list price99.3%99%99.5%99.2%
Days to sellMedian days from listing to contract56581149
Supply

12 homes for sale on a typical day

That’s 1.8 times the 2021 low (6), 17% fewer than in 2017–19 and well under 2012’s 19.

2012: 19 for sale’122013: 17 for sale2014: 17 for sale2015: 15 for sale’152016: 17 for sale2017: 15 for sale2018: 13 for sale’182019: 15 for sale2020: 10 for sale2021: 6 for sale’212022: 15 for sale2023: 12 for sale2024: 8 for sale’242025: 12 for saleLast 12 months: 12 for saleNow
Room to negotiate

1 in 5 listings has cut its price

21% in the last year, against 22% in 2017–19 and 19% across Illinois.

2015: 24%’152016: 20%2017: 24%2018: 23%’182019: 17%2020: 16%2021: 28%’212022: 24%2023: 25%2024: 23%’242025: 19%Last 12 months: 21%Now
Across Illinois

Hometown ranks 56th of 324 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Hometown is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Hometown home costs about $1,570 a month

Mortgage
Property tax
Insurance
Rent

Price: Hometown’s typical sale, last 12 months. Property tax at Hometown’s 2.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Hometown is affordable on local pay is on Cost of living.

Before you buy in Hometown

Six things worth knowing

9

New listings in August

The month with the most choice. December has the fewest, about 4.

Best time to buy
2.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $225K home, about $4,760 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Hometown, from test results, graduation and how much students grow.

Schools in Hometown
28 min

Typical commute

The average one-way trip to work for people who live in Hometown.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Oak Lawn, Burbank, Worth Township and Chicago Ridge sell for less a square foot

The busier markets within 25 miles of Hometown, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Oak Lawn670$288K$19336%58
Burbank263$316K$21539%59
Evergreen Park194$313K$22148%59
Chicago Ridge156$225K$18131%66
Worth Township130$285K$18939%58
Hometown68$225K$22846%56
Stickney Township53$308K$24649%56

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Hometown, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Hometown. People who follow the town see it, and so do people comparing Hometown with their own town. No commission, no listing fee.

Questions about buying a home in Hometown

What do homes sell for in Hometown, IL?

68 homes sold in the year to May 2026 at a typical $225K, $228 a square foot.

Is Hometown a buyer’s or seller’s market?

A buyer’s market: 15 homes were for sale in May 2026 and 1 sold, about 15 months of supply. Buyers paid 99.3% of asking on average, and 21% of listings cut their price.

When is the best time to buy in Hometown?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Hometown?

About 2.1% of a home’s value a year. On a $225K home that’s near $4,760.

Where can I see homes for sale in Hometown?

Zillow, Redfin, Realtor.com and Homes.com all carry Hometown’s MLS listings; the search links above open each one filtered to Hometown.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).