Homewood Borough was formed September 10, 1910. The borough was par of South Beaver Township in 1800 and Big Beaver Township in 1802. The section was the present borough lies, was sold by William Grimshaw to Joseph M. Smith in 1831. Smith laid out the town in 1859 and named it Homewood or Homewood Junction for James Wood, who built an iron furnace along the Beaver River.
Fun facts about Homewood:
-The Ohio and Pennsylvania Railroad was constructed through town in 1852. The junction of the Pittsburgh, Ft. Wayne and Chicago Railroad with the Pittsburgh and Lake Erie line, also was located in town.
-Early settlers to the area were: David Johnston, William Foster, Adam Garner, John C. Chapman and Jonathan Grist.
-The Homewood Stone Quarry was an important industry.
-An ice house was located at Homewood Reservoir.
-The Homewood Methodist Episcopal Church was built in 1869, and Rev. J.W. Claybaugh was the first pastor.
–Charles Hunter was elected as the first burgess.
-The Harmony Streetcar Line was built in the borough during 1914.