Homer Glen, IL
Full City Profile · Illinois · Will County County
3.7
/5.0
B+
Good
24,516
Population
1,104/sq mi density
$128,546
Median Income
$51,637 per capita
$400,000
Home Value
$498,802 Zillow
$1,737
Median Rent
43.8% income on rent
51°F
Avg Temperature
275 sunny days/yr
24
Violent Crime/100K
504 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$128,546 median income, 3.2% unemployment
A+
Affordability
4.9 / 5.0
$400,000 home value, $1,737/mo rent
F
Safety
1.0 / 5.0
24 violent crimes/100K
A
Education
4.1 / 5.0
38.5% bachelor's degree or higher
Housing Overview
Median Home Value
$400,000
42% above
US avg: $281,900
Median Rent
$1,737/mo
49% above
US avg: $1,163/mo
Homeownership Rate
93.5%
43% above US avg (65.4%)
Total Housing Units
8,299
Median year built: 1988
Home Value by Source
Census Median
$400,000
Zillow (ZHVI)
$498,802
Median Sale Price
$482,500
Median List Price
$525,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
93.5%
Owner-Occupied
6.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,737/mo
Market Indicators (Redfin)
Median Days on Market
115 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
11.9%
of listings with price reduction
Price Per Sq Ft
$201
Active Inventory
42
homes for sale
Affordability & Housing Stock
Rent Burden
43.8%
of renters spending 30%+ of income on housing
41% above US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
93.5%
Complete Housing Data
Home Values
| Census Median Value | $400,000 |
| Zillow Home Value (ZHVI) | $498,802 |
| Median Sale Price | $482,500 |
| Median List Price | $525,000 |
| Price Per Sq Ft | $201 |
Rent
| Census Median Rent | $1,737 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 115 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 11.9% |
| Homes Sold | 8 |
| Active Inventory | 42 |
| Price Per Sq Ft | $201 |
Ownership & Stock
| Owner-Occupied | 93.5% |
| Renter-Occupied | 6.5% |
| Homeownership Rate | 93.5% |
| Total Housing Units | 8,299 |
| Median Year Built | 1988 |
| Rent Burden | 43.8% |
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