Home prices
The median home value in Homer Glen is $330,600. It is approximately $23,460 (7%) higher compared to its nearby areas.Compared to the entire nation it is approximately $113,100 (52%) higher, and compared to the city of Chicago it is roughly $72,600 (28%) higher.
Rents
Homer Glen's median rent is $1,567 a month. In comparison to its nearby areas this is roughly $303 (23%) higher.Compared to the entire nation it is roughly $505 (47%) higher, and is approximately $455 (40%) higher compared to the city of Chicago.
Nearby places
Lockport
Lockport is Homer Glen's neighbor to the west. The housing prices there are a lot less expensive. Lockport's median home value is $242,600, which works out to $88,000 (36%) lower than Homer Glen. Rent there is a little less expensive. In Lockport the median rent is $1,241 per month, which works out to $326 (26%) lower than Homer Glen.
Orland Park
Orland Park is Homer Glen's neighbor to the east. Housing prices there are a bit less expensive. The median home price in Orland Park is $287,700, which comes out to $42,900 (14%) lower than Homer Glen. Its rents are a little less expensive. In Orland Park the median rent is $1,233 per month, which is $334 (27%) lower than Homer Glen.
Lemont
Lemont is Homer Glen's neighbor to the north. The real estate prices there are somewhat more expensive. The median home in Lemont is valued at $363,000, which works out to $32,400 (8%) higher than Homer Glen. Rent there is substantially less expensive. The median monthly rent in Lemont is $1,069, which works out to $498 (46%) lower than Homer Glen.
Orland Hills
Orland Hills is about 4 miles east from Homer Glen. The housing prices there are a lot less expensive. The median home price in Orland Hills is $223,800, which works out to $106,800 (47%) lower than Homer Glen. Rent there is a lot less expensive. In Orland Hills the median monthly rent is $1,110, which is $457 (41%) lower than Homer Glen.
Palos Park
Palos Park is roughly 5 miles northeast of Homer Glen. Real estate prices there are somewhat more expensive. The median home in Palos Park costs $418,600, which works out to $88,000 (21%) higher than Homer Glen. Rents there are somewhat more expensive. The median rent in Palos Park is $1,668 a month, which is $101 (6%) higher than Homer Glen.