Is Homer Glen, IL 60491 a buyer’s or seller’s market?
Homer Glen is a seller’s market. With about 2.4 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 76% of U.S. ZIP codes, and #180 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Homer Glen housing market right now
In the three months ending August 31, 2026, 40% of homes in Homer Glen, IL 60491 sold above their list price, the typical home went under contract in 43 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 84 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 46%, homes sold faster (53 days then) and the median sale price rose 9% to $547,263. Overall, Homer Glen is about as competitive as it was a year ago.
Within Will County, homes here sell faster than in 90% of the county’s ZIP codes, and sell more often over asking than in 62%. On our competition score, Homer Glen ranks #180 of 464 IL ZIP codes with enough sales (score 71 out of 100).
Nearby, buyers who want less competition could look at Elwood 60421 (17% sold over asking) or Beecher 60401 (17% sold over asking), while Bolingbrook 60440 (61% sold over asking) and New Lenox 60451 (50% sold over asking) are even more competitive.
Run the numbers for 60491
Nearby markets
Aurora 60503Seller’s market $227 /sq ftBeecher 60401Balanced $164 /sq ftBolingbrook 60440Seller’s market $210 /sq ftBolingbrook 60490Seller’s market $217 /sq ft Browse all markets →Towns like Homer Glen nearby
Find towns like Homer Glen in other states →Where Homer Glen is
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Questions about Homer Glen real estate
Is Homer Glen a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Homer Glen, IL 60491 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Homer Glen?
The typical home went under contract in 43 days in the latest three months.
Do homes in Homer Glen sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 100.6% of the list price.
What are property taxes in Homer Glen?
About 2.24% of a home’s value a year in Will County, or roughly $8,960 on a $400,000 home.
What is the median home price in Homer Glen?
The median sale price was $547,263 in the three months ending August 31, 2026, about $212 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology