Hometown, Illinois, is a small, tight-knit suburban city located just southwest of Chicago in Cook County. With a population of around 4,300, this charming community, incorporated in 1953, spans less than half a square mile, creating a cozy, neighborly atmosphere. Known for its affordable housing and well-maintained parks, Hometown offers residents a peaceful retreat from the bustling city nearby while maintaining easy access to Chicago’s amenities. The city’s unique cooperative housing model, one of the few in the region, fosters a strong sense of community pride and togetherness among its residents.
Hometown currently has 1 single family home for sale with a list price of $255,000, 1 townhouse for sale with a list price of $244,900, and 7 condos for sale with an average list price of $204,942.86. The average annual property tax for Hometown is $3,284.09.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Hometown, i.e. what's hot and what's not.
See What's Hot & What's Not in HometownHometown home sales for the month of December decreased in volume by 71.4% when compared to last year, while the median sale price decreased by 15.8% from $225,000 to $189,500. Condo sales decreased by 50%, while the median sale price decreased by 17.4% from $229,500 to $189,500.
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76
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56
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39
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62
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| 2022 | 2023 | 2024 | 2025 |
| # of sales per year | |||
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$182,000
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$195,500
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$220,000
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$227,950
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| 2022 | 2023 | 2024 | 2025 |
| median sale price per year | |||