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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
94%
7%
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 Market115
Sale-to-List Ratio1.0%
Price Drops11.9%
Homes Sold8
Active Inventory42
Price Per Sq Ft$201

Ownership & Stock

Owner-Occupied93.5%
Renter-Occupied6.5%
Homeownership Rate93.5%
Total Housing Units8,299
Median Year Built1988
Rent Burden43.8%