Market Overview
Home Prices in Homer Glen, IL
The median home value in Homer Glen, IL is $533,795 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.3% compared to a year ago and up 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Homer Glen are priced30% above average. Homer Glen is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Homer Glen home values have risen by approximately29.9%, reflecting strong long-term appreciation in this market.
Price History
Homer Glen Home Price Trend
City Comparison
Homer Glen vs. National Median
At $533,795, homes in Homer Glen cost 30% above the national median of $410,000. Buyers in Homer Glen should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Homer Glen?
20% Down Payment
$106,759
on $533,795
Monthly P&I
$2,784/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,536/mo
incl. taxes & insurance
Income Needed
$141,440
gross annual (30% rule)
10% Down Option
$53,380
+ PMI applies
Loan Amount (20% dn)
$427,036
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Homer Glen, IL?
The median home value in Homer Glen is $533,795 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.3% year-over-year.
How much have home prices changed in Homer Glen?
Over the past year, home values in Homer Glen have increased by 3.3%. Over five years, prices have risen approximately 29.9%.
How much do I need to earn to buy a home in Homer Glen?
To comfortably afford the median home price of $533,795 with a 20% down payment ($106,759) at today's rates (6.8%), you'd need a gross annual income of approximately $141,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Homer Glen compare to the national average home price?
The national median home value is approximately $410,000. At $533,795, homes in Homer Glen are 30% above the national average.
What metro area is Homer Glen part of?
Homer Glen is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.