Housing Prices in Homer, AK
How much do homes in Homer, AK cost?
Median List Price
$499,000
$281/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Homer has increased by 5.1% since last year.
Summary: The median home list price in Homer was $499,000 in May 2024, up 5.1% from the previous year, and the median price per square foot was $281.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $257.5K | $259.5K | +0.8% |
| 2 Bedrooms | $389K | $410K | +5.4% |
| 3 Bedrooms | $492K | $499K | +1.4% |
| 4 Bedrooms | $555K | $675K | +21.6% |
| 5+ Bedrooms | $627K | $894K | +42.6% |
Summary: Homer housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 42.6%.
Median List Price Compared To Nearby Cities
| Kenai-Cook Inlet | $347.6K | $379.5K | +9.2% |
| Kachemak | $589K | $629.5K | +6.9% |
| Homer | $475K | $499K | +5.1% |
Housing Supply in Homer, AK
How many homes are available in Homer, AK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 72 | 82 | +13.9% |
Summary: The Homer real estate market had 82 homes for sale in May 2024, a 13.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 28 | 33 | +17.9% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Homer housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 37.5%.
Days on Market for Homer, AK
How long does it take to sell a home in Homer, AK?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 172 Days | 125 Days | -27.0% |
Summary: Homes in Homer had an average listing age of 125 days in May 2024, down by 27% compared to the previous year.
