$15,500
5.00 Acres
Land
#24-14244, Listing Office: RE/MAX Dynamic Properties
Housing Prices in Homer, AK
How much do homes in Homer, AK cost?
Median List Price
$505,000
$249/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$25,000(+5.2%)
Key Takeaway
The list price of homes in Homer has increased by 5.2% since last year.
Summary: The median home list price in Homer was $505,000 in October 2024, up 5.2% from the previous year, and the median price per square foot was $249.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $254.5K | +1.8% |
| 2 Bedrooms | $389K | $420K | +8.0% |
| 3 Bedrooms | $499K | $480K | -3.8% |
| 4 Bedrooms | $595K | $649K | +9.1% |
| 5+ Bedrooms | $745K | $829K | +11.3% |
Summary: Homer housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 8%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 11.3%.
Median List Price Compared To Nearby Cities
| Kachemak | $624K | $715K | +14.6% |
| Kenai-Cook Inlet | $350.5K | $389.2K | +11.0% |
| Homer | $480K | $505K | +5.2% |
Housing Supply in Homer, AK
How many homes are available in Homer, AK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 118 | 108 | -8.5% |
Summary: The Homer real estate market had 108 homes for sale in October 2024, a 8.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 12 | 10 | -16.7% |
| 3 Bedrooms | 46 | 41 | -10.9% |
| 4 Bedrooms | 25 | 23 | -8.0% |
| 5+ Bedrooms | 27 | 27 | 0.0% |
Summary: The Homer housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 8%, 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 173 Days | 148 Days | -14.4% |
Summary: Homes in Homer had an average listing age of 148 days in Oct 2024, down by 14.4% compared to the previous year.
