Housing Prices in Homer, AK
How much do homes in Homer, AK cost?
Median List Price
$492,000
$287/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Homer has increased by 9.4% since last year.
Summary: The median home list price in Homer was $492,000 in April 2024, up 9.4% from the previous year, and the median price per square foot was $287.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $224.5K | $245K | +9.1% |
| 2 Bedrooms | $410K | $404.5K | -1.3% |
| 3 Bedrooms | $480K | $495K | +3.1% |
| 4 Bedrooms | $499K | $641.5K | +28.6% |
| 5+ Bedrooms | $662.5K | $937K | +41.4% |
Summary: Homer housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 41.4%.
Median List Price Compared To Nearby Cities
| Kenai-Cook Inlet | $339.4K | $376.5K | +10.9% |
| Homer | $449.7K | $492K | +9.4% |
| Kachemak | $589K | $604.5K | +2.6% |
Housing Supply in Homer, AK
How many homes are available in Homer, AK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 70 | 72 | +2.9% |
Summary: The Homer real estate market had 72 homes for sale in April 2024, a 2.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 13 | 16 | +23.1% |
| 3 Bedrooms | 24 | 28 | +16.7% |
| 4 Bedrooms | 18 | 14 | -22.2% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Homer housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Days on Market for Homer, AK
How long does it take to sell a home in Homer, AK?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 175 Days | 134 Days | -23.3% |
Summary: Homes in Homer had an average listing age of 134 days in Apr 2024, down by 23.3% compared to the previous year.
