Homer Glen home prices fall in March 2020

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The median sale price of a home sold in March 2020 in Homer Glen fell by $29,000 while total sales increased by 3.8%, according to BlockShopper.com.

In March 2020, there were 27 homes sold, with a median sale price of $326,000 - a 8.2% decrease over the $355,000 median sale price for the same period of the previous year. There were 26 homes sold in Homer Glen in March 2019.

The median sales tax in Homer Glen for the most recent year with available data, 2018, was $7,552, approximately 2.3% of the median home sale price for March 2020.

The following table compares Homer Glen to other Will County cities with similar median sales prices in March 2020:

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
River Edge Estates110%$452,000$296,00052.7%
Arbury Hills10-$359,900$0-
Homer Glen27263.8%$326,000$355,000-8.2%
Custer Park20-$273,250$0-
New Lenox2431-22.6%$269,950$256,0005.4%
Tinley Park62200%$266,500$239,25011.4%

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