$8,301 Closing Credit*
$699,000
2,880 SqFt
7 Beds
•4 Full Baths
#24-14817, Listing Office: Story Real Estate
Housing Prices in Homer, AK
How much do homes in Homer, AK cost?
Median List Price
$499,000
$226/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$20,000(+4.2%)
Key Takeaway
The list price of homes in Homer has increased by 4.2% since last year.
Summary: The median home list price in Homer was $499,000 in November 2024, up 4.2% from the previous year, and the median price per square foot was $226.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $257.5K | +3.0% |
| 2 Bedrooms | $395K | $404.5K | +2.4% |
| 3 Bedrooms | $484.5K | $467.4K | -3.5% |
| 4 Bedrooms | $597.5K | $649K | +8.6% |
| 5+ Bedrooms | $745K | $829K | +11.3% |
Summary: Homer housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 2.4%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 11.3%.
Median List Price Compared To Nearby Cities
| Kenai-Cook Inlet | $353.8K | $384.6K | +8.7% |
| Homer | $479K | $499K | +4.2% |
Housing Supply in Homer, AK
How many homes are available in Homer, AK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 104 | 84 | -19.2% |
Summary: The Homer real estate market had 84 homes for sale in November 2024, a 19.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 41 | 32 | -22.0% |
| 4 Bedrooms | 23 | 18 | -21.7% |
| 5+ Bedrooms | 24 | 20 | -16.7% |
Summary: The Homer housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 22%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes decreased by 16.7%.
Days on Market for Homer, AK
How long does it take to sell a home in Homer, AK?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 179 Days | 169 Days | -5.8% |
Summary: Homes in Homer had an average listing age of 169 days in Nov 2024, down by 5.8% compared to the previous year.
