Median home value: $236K (+2.4% YoY). Rent: $2,049/mo. Price-to-rent: 9.6x. Part of Chicago-Naperville-Elgin, IL-IN-WI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Chicago-Naperville-Elgin, IL-IN-WI metro page.
Home Value$235,946
+2.4%
Rent$2,049/mo
AFFORDABILITYBuying $329/mo cheaper ($2,049 rent)6.00% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Homewood.
$47,189 on $235,946
Affordable — 27.5% of income
Under the 28% guideline.
PITI$1,720
P/I27.5%
Afford$240K
Room+$4K
P&I $1,132Tax $438Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing