Housing Prices in Homer, AK
How much do homes in Homer, AK cost?
Median List Price
$498,000
$293/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Homer has increased by 13.2% since last year.
Summary: The median home list price in Homer was $498,000 in March 2024, up 13.2% from the previous year, and the median price per square foot was $293.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $224.5K | $245K | +9.1% |
| 2 Bedrooms | $399.5K | $410K | +2.6% |
| 3 Bedrooms | $465K | $499K | +7.3% |
| 4 Bedrooms | $499K | $634.5K | +27.2% |
| 5+ Bedrooms | $662.5K | $745K | +12.5% |
Summary: Homer housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes increased by 12.5%.
Median List Price Compared To Nearby Cities
| Homer | $439.9K | $498K | +13.2% |
| Kenai-Cook Inlet | $339K | $375K | +10.6% |
Housing Supply in Homer, AK
How many homes are available in Homer, AK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 61 | 67 | +9.8% |
Summary: The Homer real estate market had 67 homes for sale in March 2024, a 9.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 10 | 14 | +40.0% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Homer housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 14.3%.
Days on Market for Homer, AK
How long does it take to sell a home in Homer, AK?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 185 Days | 141 Days | -23.6% |
Summary: Homes in Homer had an average listing age of 141 days in Mar 2024, down by 23.6% compared to the previous year.
